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Sunman, IN

Multifamily

Sunman, IN Multifamily Properties for Sale

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Batesville, IN Aurora, IN Milan, IN West Harrison, IN Michigan City, IN Moores Hill, IN New Trenton, IN Brookville, IN

Turnkey Restaurant and Apartments

Updated: Sep 25, 2025

Turnkey Restaurant and Apartments

119 S Meridian Street, Sunman, IN 47041

$349,000

0.16 AC lot

Year built 1930 mixed‑use property in downtown Sunman
Turn‑key restaurant space includes 2 pizza ovens, walk‑in cooler, and all equipment
Restaurant features a historic early 1900's original bar and back bar
Upstairs rentals include two 2‑bedroom apartments and one 1‑bedroom apartment
Property listed with all required restaurant equipment included

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 15 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, 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.

Duplex with Vacant Upper Unit

Duplex with Vacant Upper Unit

201 Walker Avenue, Aurora, IN 47001

$189,900

2,040 sqft 0.11 AC lot

Duplex offers a month-to-month occupied lower unit and a vacant upper unit for immediate rental flexibility or conversion.

Two-Unit Residential Income Property

Two-Unit Residential Income Property

201 Walker Avenue, Aurora, IN 47001

$189,900

2,040 sqft

Duplex-style property with one vacant unit for immediate occupancy or rental alongside a month-to-month tenant.

Two-Unit Rental Property with Decks

Two-Unit Rental Property with Decks

339 E Washington Street, Greensburg, IN 47240

$196,000

0.15 AC lot

Well-maintained duplex with renovated lower unit and covered porches, zoned B1 for business or residential use.

Brand-New Duplex with Private Utility Rooms

412 South Ireland Street, Greensburg, IN 47240

Contact for pricing

1,960 sqft

Newly built duplex with separate electric utilities and three-bedroom units, each with private exterior utility access.

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.

Prime Land Off US HWY

Prime Land Off US HWY

Briar Creek lot: #1, Lawrenceburg, KY 40342

$345,500

2.27 AC lot

2.27 acres with excellent visibility and easy access.

Sonora, KY Residential Land

Sonora, KY Residential Land

Silver Mine Road lot: 6, Sonora, KY 42776

$63,500

3.03 AC lot

3.03 acre residential tract in Sonora, Kentucky.

Vacant Land Near Glendale

Vacant Land Near Glendale

Tract 2 Bell Cemetery Road, Summersville, KY 42782

$75,500

7.00 AC lot

7 acres of vacant land with utilities near Glendale, KY.

Surveyed Hunting and Development Land

Surveyed Hunting and Development Land

400 Keith Whitley Blvd., Sandy Hook, KY 41171

$199,900

75.00 AC lot

Approximately 75 surveyed acres offering a mix of city-limit and outside-city development flexibility.

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

Value Estimation by Request

2.00 AC lot

123 Meridian St

APARTMENT HOUSE (UNDER 5 UNITS)

123 Meridian St, Sunman, IN 47041-9134

Value Estimation by Request

3,768 sqft 0.07 AC lot

512 Meridian St

APARTMENT HOUSE (UNDER 5 UNITS)

512 Meridian St, Sunman, IN 47041

Value Estimation by Request

2,124 sqft 0.50 AC lot

9809 Dearborn Rd

APARTMENT HOUSE (UNDER 5 UNITS)

9809 Dearborn Rd, Sunman, IN 47041

Value Estimation by Request

6,570 sqft 1.06 AC lot

7523 County Rd 1250th N

APARTMENT HOUSE (UNDER 5 UNITS)

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

Value Estimation by Request

2,768 sqft 1.08 AC lot

27698 Temple Dr

APARTMENT HOUSE (UNDER 5 UNITS)

27698 Temple Dr, Sunman, IN 47041

Value Estimation by Request

6,168 sqft 0.82 AC lot

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

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%

Listings Trend

New vs delisted commercial listings in Ripley County

New Delisted

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