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    Sullivan, IN Multifamily Properties for Sale

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    Terre Haute, IN Riley, IN West Terre Haute, IN
    Income-Generating Duplex in Sullivan, Indiana
    $135,500
    2,239 SF
    Income-Generating Duplex in Sullivan, Indiana

    221 Jackson St, Sullivan, IN 47885

    Duplex with tenants, generating $17,580 annual income.
    • Immediate cash flow with both units occupied by established tenants.
    • Generates $17,580 in annual gross income.
    • Current cap rate of 5.46% at the list price of $135,500.
    • Positive NOI of $617/month before debt service.
    • Value‑add cap rate potential of 8.63% as leases renew.
    Updated: May 21
    View details
    Downtown Sullivan Mixed-Use Property
    $330,000
    12,274 SF
    Downtown Sullivan Mixed-Use Property

    18 W Washington St, Sullivan, IN 47882

    Cash-flowing, turn-key property with commercial spaces and apartments.
    • Cash‑flowing, turn‑key property in downtown Sullivan.
    • Three commercial spaces are currently leased with established businesses.
    • Two newly remodeled and rented apartments (efficiency and 3‑bedroom/2‑bath).
    • Historical details combined with updated improvements.
    • Additional unfinished space available for another apartment.
    Updated: Nov 30, 2024
    View details
    Based on your search, we've compiled 13 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Well-Maintained Duplex with Extra Lot
    $435,000
    2,310 SF
    Well-Maintained Duplex with Extra Lot

    Income-generating duplex with garages, extra lot, and desirable location.

    750 N Main Street, Linton, IN 47441

    View details
    Renovated Triplex with Private Entries
    $199,500
    1,648 SF
    Renovated Triplex with Private Entries

    Completely renovated triplex offers two efficiency studios and a one-bedroom unit, ideal for income or flexible living.

    88 SE 1st Street, Linton, IN 47441

    View details
    Duplex in Terre Haute, IN
    $179,900
    Duplex in Terre Haute, IN

    Duplex for sale in Terre Haute, Indiana, 47802.

    665 Seabury Avenue, Terre Haute, IN 47802

    View details
    Terre Haute Fourplex For Sale
    $39,900
    Terre Haute Fourplex For Sale

    Fourplex located in Terre Haute, Indiana, available for purchase.

    Terre Haute, IN 47807

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Grand Rivers Land Opportunity
    Contact for pricing
    2.84 Acres
    Grand Rivers Land Opportunity

    2.84 acres near I-24 and lakes in Grand Rivers.

    L 41 & 42 Rolling Meadows Rd lot: 41 & 42, Grand Rivers, KY 42045

    View details
    Wooded Residential Lots in Driftwood Estates
    $40,000
    2.00 Acres
    Wooded Residential Lots in Driftwood Estates

    Four wooded half-acre lots in Driftwood Estates, offering a flexible setting for camper, mobile home, or home construction.

    Driftwood Estates Lot 99, 101, 102, 139, Eddyville, KY 42038

    View details
    Marshall County Land For Sale
    Contact for pricing
    0.47 Acres
    Marshall County Land For Sale

    0.47 acre lot near KY and Barkley Lakes.

    266 Lone Valley Road, Gilbertsville, KY 42044

    View details
    Unrestricted Land Near Route 67
    $70,000
    2.10 Acres
    Unrestricted Land Near Route 67

    2.1 acres with boundless possibilities near Jerseyville and Godfrey.

    17039 Hillside Lane, Jerseyville, IL 62052

    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)
    8,512 SF Lot: 0.12 Acres
    Estimated value
    $575,000

    19 Jackson St, Sullivan, IN 47882-1575

    View details
    15 Jackson St
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,074 SF Lot: 0.06 Acres
    Value Estimation by Request

    15 Jackson St, Sullivan, IN 47882-1503

    View details
    23 Jackson St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,016 SF Lot: 0.06 Acres
    Value Estimation by Request

    23 Jackson St, Sullivan, IN 47882-1503

    View details

    Sullivan, IN Multifamily Properties Investment Opportunities Market Analysis

    Explore 5 multifamily properties for sale in Sullivan, IN on our real estate platform. These investment opportunities span a total of 14,513 square feet of properties for sale, with an estimated market value of $465,500.

    Sale prices for multifamily properties in Sullivan, IN start at $135,500, averaging $232,750, and reaching up to $330,000 — 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

    Apartment buildings 1
    Duplexes 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
    West Terre Haute $135.5K
    Sullivan $232.8K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Sullivan County

    New Delisted

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    Most Searched ZIP Codes in Sullivan, IN

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    • 47885

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