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    Carthage, IN Residential Income Properties for Sale

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    Greenfield, IN Arlington, IN Morristown, IN
    Carthage Duplex Portfolio Opportunity
    $1,400,000
    0.31 Acres

    Carthage Duplex Portfolio Opportunity

    308 Winters Way, Carthage, IN 46115

    Portfolio of five duplexes in Carthage, Indiana for sale.

    • Portfolio of five duplexes (18 units) offering immediate income and scale.
    • Turnkey investment with professional property management in place.
    • Strong cash flow with an average rent of $800 per unit.
    • High rental demand in Carthage, Indiana.
    • All units are 2‑bedroom, 1‑bathroom with 798 sqft.
    Updated: Dec 8, 2025
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Carthage, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Shelbyville Duplex on Mechanic Street
    $120,000
    2,240 SF

    Shelbyville Duplex on Mechanic Street

    Duplex on a generous lot, great for investors.

    328 E Mechanic Street, Shelbyville, IN 46176
    View details
    Shelbyville Duplex on Mechanic Street
    $99,900
    0.14 Acres

    Shelbyville Duplex on Mechanic Street

    Duplex on generous lot, great for investors or homeowners.

    328-330 W Mechanic Street, Shelbyville, IN 46176
    View details
    Downtown Office Building with Expansion
    $395,000
    8,608 SF

    Downtown Office Building with Expansion

    Office building with expansion potential in downtown location.

    9 American Legion Place, Greenfield, IN 46140
    View details
    Mixed-Use Portfolio on US Highway
    $3,990,000
    10,608 SF

    Mixed-Use Portfolio on US Highway

    Mixed-use portfolio on 11.06 acres along US Highway 40.

    7183 W US Hwy 40, Greenfield, IN 46140
    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.

    Residential Lot in Spiceland
    Contact for pricing
    0.45 Acres

    Residential Lot in Spiceland

    Ready-to-build lot with utilities near local amenities.

    218 S Pearl Street, Spiceland, IN 47385
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    Residential Lots in Shirley, IN
    Contact for pricing
    0.13 Acres

    Residential Lots in Shirley, IN

    Three residential lots totaling approximately 0.39 acres.

    0 Pennsylvania Street, Shirley, IN 47384
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    Residential Lots in Shirley, IN
    $45,000
    1.63 Acres

    Residential Lots in Shirley, IN

    Three residential parcels totaling 1.63 acres in Shirley, Indiana.

    0 N Railroad Street, Shirley, IN 47384
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    Residential Lots in Shirley, IN
    Contact for pricing
    0.51 Acres

    Residential Lots in Shirley, IN

    Residential lot totaling 0.51 acres in Shirley, Indiana.

    0000 Pennsylvania Street, Shirley, IN 47384
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    Off-Market Properties in Carthage, IN

    Consider similar Off-Market properties in Carthage, 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.

    880 Blue River Rd

    880 Blue River Rd

    Farms • 12.04 Acres
    Value Estimation by Request
    880 Blue River Rd, Carthage, IN 46115
    View details
    890 Blue River Rd

    890 Blue River Rd

    Farms • 16.05 Acres
    Value Estimation by Request
    890 Blue River Rd, Carthage, IN 46115
    View details

    Carthage, IN Residential Income Properties Investment Opportunities Market Analysis

    Explore 3 residential income properties for sale in Carthage, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,400,000.

    Sale prices for residential income properties in Carthage, IN start at $1,400,000, averaging $1,400,000, and reaching up to $1,400,000 — 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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    Operating Costs & Financing

    Carthage property taxes are above the county average by 0.11 percentage points. Average Loan-to-Value is 65.0%.

    Effective Property Tax $30.39 per sq ft
    Tax Rate (average for all types) 2.49%
    Tax Rate vs County Average 0.11 pp above county avg
    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Carthage.

    Leading Commercial Asset Segments

    Duplexes 1
    Multifamily properties 1

    Carthage Demographics Overview

    Population 1,512
    Population Growth (5Y) -19.3%
    Median Household Income $49,464
    College Educated 19.8%

    Top Neighborhoods for Investment

    Discover the areas of Carthage with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    46115 $90K - 90K $90K

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