Residential Income

Knightstown, IN Residential Income Properties for Sale

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Carthage, IN Charlottesville, IN Spiceland, IN Daleville, IN Shirley, IN Wilkinson, IN Kennard, IN Greenfield, IN
Four-Unit Apartment Building
Updated: Sep 2
Four-Unit Apartment Building

227 E Pine Street, Knightstown, IN 46148

$200,000
0.26 AC lot
All four units are leased
Four residences, each with 2 bedrooms and 1 bathroom
Approximately 840 square feet per unit
Eat‑in kitchen in each residence
Shared laundry in the basement
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Five-Unit Mixed-Use Building
Updated: Aug 18
Five-Unit Mixed-Use Building

28 N Washington St, Knightstown, IN 46148

$325,000
7,872 sqft
7,872‑square‑foot mixed‑use building with five units
Original hardwood floors, tall ceilings, and exposed brick walls
Unit 24 includes showroom, kitchenette, bathroom, and storage
Unit 26 features a lobby, three private offices, and washer/dryer connections
Unit 28A offers 14‑foot ceilings and two large open rooms
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Mixed-Use Building with Restaurant
Mixed-Use Building with Restaurant

20 N Washington St, Knightstown, IN 46148

$380,000
3,728 sqft

Two upstairs apartments complement the restaurant operation and commercial space on the main level.

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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
4-Unit Quadplex
4-Unit Quadplex

227 E Pine Street, Knightstown, IN 46148

$200,000

Four residences are leased, with tenants responsible for utilities.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 4 Active listings in Knightstown, 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 New HVAC
Duplex With New HVAC

1930-1932 Fairmont Avenue, New Castle, IN 47362

$174,900
1,843 sqft 0.14 AC lot

Two living units offer flexible residential income or owner-occupant use with separate bedroom and bathroom configurations.

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Duplex With Attached Guest Suite
Duplex With Attached Guest Suite

130 E Broad Street, Spiceland, IN 47385

$249,900
1,800 sqft 0.50 AC lot

Flexible ranch-style layout includes a separate living area, kitchen, bedroom, and full bath.

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Updated Duplex with Guest Suite
Updated Duplex with Guest Suite

130 E Broad St, Spiceland, IN 47385

$269,900
1,800 sqft

Flexible configuration supports multigenerational living, guests, home office use, or potential rental income.

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Duplex with Detached Garages
Duplex with Detached Garages

1618 Plymouth Drive, New Castle, IN 47362

$229,900
0.21 AC lot

Separate entrances and laundry hookups serve both residences.

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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.

Vacant Residential Lot
Vacant Residential Lot

Pennsylvania Street, Shirley, IN 47384

Contact for pricing
0.51 AC lot

Vacant residential lot in Shirley with city utilities nearby, offered as a possible buildable site pending setbacks.

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Residential Lot in Shirley, IN
Residential Lot in Shirley, IN

Pennsylvania Street, Shirley, IN 47384

Contact for pricing
0.51 AC lot

Vacant residential lot available in Shirley, Indiana.

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Residential Lots in Kennard, IN
Residential Lots in Kennard, IN

Lake Drive, Kennard, IN 47351

Contact for pricing
0.27 AC lot

Residential lots approved for manufactured homes with city sewers.

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Wooded Residential Land Tract
Wooded Residential Land Tract

N Main Street, New Castle, IN 47362

Contact for pricing
0.56 AC lot

Heavily wooded residential lot with street frontage and access to city utilities for future home building.

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Off-Market Properties in Knightstown, IN

Consider similar Off-Market properties in Knightstown, 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.

18 Jefferson St
APARTMENT HOUSE (UNDER 5 UNITS)

18 Jefferson St, Knightstown, IN 46148-1243

Estimated value:
$245,000
3,500 sqft 0.04 AC lot
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231 Mccullum St
APARTMENT HOUSE (UNDER 5 UNITS)

231 Mccullum St, Knightstown, IN 46148-1197

Estimated value:
$255,000
3,584 sqft 0.29 AC lot
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518 Nn St
APARTMENT HOUSE (UNDER 5 UNITS)

518 Nn St, Knightstown, IN 46148

Estimated value:
$255,000
3,264 sqft 0.35 AC lot
View details
115-117 Jefferson St
APARTMENT HOUSE (UNDER 5 UNITS)

115-117 Jefferson St, Knightstown, IN 46148

Estimated value:
$215,000
1,625 sqft 0.08 AC lot
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227 Harrison St
APARTMENT HOUSE (UNDER 5 UNITS)

227 Harrison St, Knightstown, IN 46148-1318

Estimated value:
$290,000
3,680 sqft 0.37 AC lot
View details
17 Brown St
APARTMENT HOUSE (UNDER 5 UNITS)

17 Brown St, Knightstown, IN 46148-1185

Estimated value:
$245,000
3,185 sqft 0.19 AC lot
View details

Knightstown, IN Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in Knightstown, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 11,600 square feet of properties for sale, with an estimated market value of $1,105,000.

Sale prices for residential investment properties in Knightstown, IN start at $200,000, averaging $276,250, and reaching up to $380,000 — 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

Multifamily properties 4
Quadplexes 2
Apartment buildings 1

Demographics Overview

Population 4,948
Population Growth (5Y) -10.5%
Median Household Income $62,951
College Educated 28.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Knightstown - 46148 $222.5K
New Castle - 47362 $325K

Taxes & Financing

Tax Rate (average for all types) 2.64%
Property Tax per SF $36.24 per SF
Tax Rate vs County Average 0.36 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Henry County

New Delisted

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