Multifamily

Sunman, IN Multifamily Properties for Sale

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Mixed-Use Property with Restaurant
Updated: Sep 25, 2025
Mixed-Use Property with Restaurant

119 S Meridian Street, Sunman, IN 47041

$349,000
0.16 AC lot
Restaurant space includes 2 pizza ovens, a walk‑in cooler, and equipment
Three apartments upstairs: two 2‑bedroom units and one 1‑bedroom unit
Original bar and back bar date to the early 1900s
Built in 1930 on a 0.16‑acre site
Located at 119 S Meridian Street in Sunman, Indiana
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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 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.

Brick Duplex with Separate Utilities
Brick Duplex with Separate Utilities

622 S High Street, Versailles, IN 47042

$157,500
1,500 sqft 0.41 AC lot

Two one-bedroom residences provide distinct utility services and off-street parking.

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Updated Duplex
Updated Duplex

635 S High St, Versailles, IN 47042

$179,900
1,500 sqft

Two refreshed residences each have a private storage shed, and occupants pay their own utility costs.

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Duplex with Barn and Stream Setting
Duplex with Barn and Stream Setting

A-10034 State Road 1, Brookville, IN 47012

$160,000
1,800 sqft

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

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Duplex with Barn
Duplex with Barn

10034 State Road 1 #A, Brookville, IN 47012

$160,000

A stream borders the property, and a separate outbuilding provides additional storage or hobby space.

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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
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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
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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
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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
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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
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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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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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