Multifamily

Sullivan, IN Multifamily Properties for Sale

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Mixed-Use Property with Apartments
Updated: Jun 22
Mixed-Use Property with Apartments

16-18-20 W Washington Street, Sullivan, IN 47882

$280,000
0.24 AC lot
Three street‑level retail or commercial suites, with two currently occupied
Two leased apartments: one 3‑bedroom, 2‑bath unit and one 1‑bedroom, 1‑bath unit
Nearly 4,000 square feet of unfinished upper‑level space
0.24‑acre property at 16‑18‑20 W Washington Street, Sullivan, IN 47882‑1524
Off‑street parking near Sullivan’s courthouse square
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Residential Income Duplex
Updated: May 21
Residential Income Duplex

221 E Jackson Street, Sullivan, IN 47882

$129,900
Home built in 1915
Vinyl floors and carpet throughout
Electric heating with window and wall/window A/C units
Kitchen appliances include a refrigerator and electric range/oven
Laminate countertops and ceiling fan(s)
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 Active listings in Sullivan, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex Property with Garages
Duplex Property with Garages

750 N Main Street, Linton, IN 47441

$435,000
2,310 sqft 0.67 AC lot

Two residences offer matching layouts, attached garages, included appliances, and central air.

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2-Unit Duplex with Garages
2-Unit Duplex with Garages

750 N Main St, Linton, IN 47441

$435,000
2,310 sqft

Two residences include attached garages, appliances, and access to additional detached garage space.

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Mixed-Use Property with RV Park
Mixed-Use Property with RV Park

9274 E 1050th Ave, Robinson, IL 62454

Contact for pricing
6,500 sqft

State-certified RV facilities accompany a commercial building with liquor, bar and grill, and video gaming operations.

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Manufactured Housing and RV Community
Manufactured Housing and RV Community

800 Southwind Blvd, Robinson, IL 62454

Contact for pricing

Mixed manufactured housing and RV community with city utilities, sub-metering, and professional management.

View details

Off-Market Properties in Sullivan, IN

Consider similar Off-Market properties in Sullivan, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

19 Jackson St
APARTMENT HOUSE (UNDER 5 UNITS)

19 Jackson St, Sullivan, IN 47882-1575

Estimated value:
$575,000
8,512 sqft 0.12 AC lot
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15 Jackson St
APARTMENT HOUSE (UNDER 5 UNITS)

15 Jackson St, Sullivan, IN 47882-1503

Estimated value:
$495,000
7,074 sqft 0.06 AC lot
View details
23 Jackson St
APARTMENT HOUSE (UNDER 5 UNITS)

23 Jackson St, Sullivan, IN 47882-1503

Estimated value:
$390,000
5,016 sqft 0.06 AC lot
View details

Sullivan, IN Multifamily Properties Market Trends and Statistics

Explore 5 multifamily properties for sale in Sullivan, IN on our real estate platform.

Sale prices for multifamily properties in Sullivan, IN start at $129,900, averaging $204,950, and reaching up to $280,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 2
Apartment buildings 1

Demographics Overview

Population 8,494
Population Growth (5Y) +9.1%
Median Household Income $53,522
College Educated 12.4%

High-Yield Neighborhoods for Investment

Identify Sullivan submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47882 $220K

Taxes & Financing

Tax Rate (average for all types) 2.60%
Property Tax per SF $41.34 per SF
Average Loan-to-Value 65.0%

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