Multifamily

Sullivan, IN Multifamily Properties for Sale

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Terre Haute, IN Farmersburg, IN West Terre Haute, IN Pimento, IN Riley, IN Shelburn, IN Dennison, IL Marshall, IL
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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Flexible Duplex Property
Updated: Jul 2
Flexible Duplex Property

422 E Washington St, Sullivan, IN 47882

$159,900
Currently configured as 2 units with potential to restore a 3‑unit layout
Main level offers 3 bedrooms, 1 bathroom, and plumbing for a second bathroom
Upper level includes 2 bedrooms, 2 bathrooms, 2 kitchens, and a living room
New siding, roof, and water heater
Directly located on Sullivan’s walking path
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Brick Apartment Buildings With Commercial Space
Brick Apartment Buildings With Commercial Space

104-114 1/2 E Washington Street, Sullivan, IN 47882

$329,900

Brick buildings combine residential apartments with commercial spaces along a paved street near Sullivan’s central square.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 3 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.

Three-Unit Apartment Building
Three-Unit Apartment Building

406 E Pine St, Robinson, IL 62454

$75,000
3,000 sqft 0.14 AC lot

Public water, forced-air heat, and parking serving the property support its residential configuration.

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Triplex with Off-Street Parking
Triplex with Off-Street Parking

916 Kussner Street, Terre Haute, IN 47802

$129,900

Three-unit residential property with paved and rock driveways, electric heating, and window or wall-unit cooling.

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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.

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Income-Restricted Multifamily Community
Income-Restricted Multifamily Community

2915 Arleth St, Terre Haute, IN 47802

Contact for pricing

79-unit multifamily property built in 2010, with income restrictions extending through 2040.

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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
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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
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Sullivan, IN Multifamily Properties Market Trends and Statistics

Explore 6 multifamily properties for sale in Sullivan, IN, showcased through 3 active listings on our real estate platform.

Sale prices for multifamily properties in Sullivan, IN start at $159,900, averaging $256,600, and reaching up to $329,900 — 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 - 47885 $129.9K
Sullivan - 47882 $224.9K

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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