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    Sunman, IN Multifamily Properties for Sale

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    Batesville, IN Milan, IN West Harrison, IN Aurora, IN Michigan City, IN Moores Hill, IN Guilford, IN Brookville, IN
    Mixed-Use Building with Restaurant
    Updated: Sep 25, 2025
    Mixed-Use Building with Restaurant

    119 S Meridian Street, Sunman, IN 47041

    $349,000
    0.16 AC lot
    Restaurant area includes 2 pizza ovens, a walk‑in cooler, and food‑service equipment
    Three upstairs apartments: (2) two‑bedroom units and (1) one‑bedroom unit
    Original early 1900s bar and back bar remain in the building
    Built in 1930 on 0.16 acres
    Located at 119 S Meridian Street in downtown Sunman, IN
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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 11 Potential Opportunities for your consideration. Besides 1 Active listings in Sunman, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

    Ranch Duplex with Outbuilding
    Ranch Duplex with Outbuilding

    10034 State Road 1, Brookville, IN 47012

    $175,000
    1,800 sqft 1.00 AC lot

    Natural setting near Brookville Lake with driveway parking and additional barn storage.

    View details
    Duplex with Flexible Occupancy
    Duplex with Flexible Occupancy

    201 Walker Avenue, Aurora, IN 47001

    $189,900
    2,040 sqft 0.11 AC lot

    Two-unit property with one occupied residence and a separate vacant unit for immediate use or leasing.

    View details
    Duplex with Barn and Stream Setting
    Duplex with Barn and Stream Setting

    A-10034 State Road 1, Brookville, IN 47012

    $175,000
    1,800 sqft

    Two-unit property with flexible rental options, extra storage space, and a natural setting near Brookville Lake.

    View details
    Duplex Property with Metal Roof
    Duplex Property with Metal Roof

    129 W Conwell, Aurora, IN 47001

    Contact for pricing
    1,980 sqft 0.11 AC lot

    Renovation-ready duplex with public utilities, on-street parking, and potential for a triplex configuration.

    View details

    Off-Market Properties in Sunman, IN

    Consider similar Off-Market properties in Sunman, 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.

    310 Western Ave
    MOBILE HOME PARK, TRAILER PARK

    310 Western Ave, Sunman, IN 47041-7737

    Estimated value:
    $270,000
    2.00 AC lot
    View details
    123 Meridian St
    APARTMENT HOUSE (UNDER 5 UNITS)

    123 Meridian St, Sunman, IN 47041-9134

    Estimated value:
    $230,000
    3,768 sqft 0.07 AC lot
    View details
    512 Meridian St
    APARTMENT HOUSE (UNDER 5 UNITS)

    512 Meridian St, Sunman, IN 47041

    Estimated value:
    $235,000
    2,124 sqft 0.50 AC lot
    View details
    9809 Dearborn Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    9809 Dearborn Rd, Sunman, IN 47041

    Estimated value:
    $240,000
    6,570 sqft 1.06 AC lot
    View details
    7523 County Rd 1250th N
    APARTMENT HOUSE (UNDER 5 UNITS)

    7523 County Rd 1250th N, Sunman, IN 47041-7985

    Estimated value:
    $245,000
    2,768 sqft 1.08 AC lot
    View details
    27698 Temple Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    27698 Temple Dr, Sunman, IN 47041

    Estimated value:
    $265,000
    6,168 sqft 0.82 AC lot
    View details

    Sunman, IN Multifamily Properties Market Trends and Statistics

    Explore 7 multifamily properties for sale in Sunman, IN on our real estate platform.

    Sale prices for multifamily properties in Sunman, IN average $349,000 — 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

    Triplexes 1

    Demographics Overview

    Population 6,148
    Population Growth (5Y) -5.8%
    Median Household Income $86,778
    College Educated 35.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    47041 $349K

    Taxes & Financing

    Tax Rate (average for all types) 2.06%
    Property Tax per SF $43.16 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

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