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    Milan, IN
    Residential Income

    Milan, IN Residential Income Properties for Sale

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    Michigan City, IN Moores Hill, IN Aurora, IN Dillsboro, IN Versailles, IN Frankfort, KY Sunman, IN Osgood, IN
    Leased Two-Story Commercial Building
    Updated: Dec 4, 2025
    Leased Two-Story Commercial Building

    106 Franklin St, Milan, IN 47031

    $127,000
    Fully leased brick 2‑story commercial building with 2 tenants
    First‑floor tenant rent is $850/month plus utilities and insurance
    Second‑floor apartment rent is $650/month plus utilities and insurance
    New metal roof installed in 2024
    Original Milan Theater features remain, including original slanted floors on site
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Milan, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

    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.

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    Aurora Investment Property with Potential
    Aurora Investment Property with Potential

    129 W Conwell, Aurora, IN 47001

    $35,000
    1,980 sqft 0.11 AC lot

    Duplex with triplex conversion potential, ideal for renovation.

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    Lawrenceburg Multifamily Investment Opportunity
    Lawrenceburg Multifamily Investment Opportunity

    212 Mary Street, Lawrenceburg, IN 47025

    $125,000
    3,042 sqft 0.11 AC lot

    Income property in a thriving community near downtown Lawrenceburg.

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    Affordable Apartment Community with Patios
    Affordable Apartment Community with Patios

    1200 Sycamore Estate Dr, Lawrenceburg, IN 47025

    Contact for pricing

    Waterview Apartments offers 64 LIHTC-restricted units with private patios or balconies and in-unit washer and dryer hookups.

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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.

    Residential Land in Aurora, Indiana
    Residential Land in Aurora, Indiana

    4 Plano Trail Lane lot: 4, Aurora, IN 47001

    $124,000
    4.80 AC lot

    Spacious lots for custom homes with utilities available.

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    Residential Lot in Serenity Pines
    Residential Lot in Serenity Pines

    Liana Dr. lot: 7, Dillsboro, IN 47018

    $39,900
    0.27 AC lot

    0.27-acre residential lot in Dillsboro, Indiana.

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    Residential Lot in Serenity Pines
    Residential Lot in Serenity Pines

    Liana Dr. lot: 5, Dillsboro, IN 47018

    $39,900
    0.26 AC lot

    Vacant 0.26-acre lot in quiet Dillsboro neighborhood.

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    Residential Lot in Serenity Pines
    Residential Lot in Serenity Pines

    Liana Dr. lot: 6, Dillsboro, IN 47018

    $39,900
    0.27 AC lot

    0.27-acre residential lot in Dillsboro, Indiana.

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    Off-Market Properties in Milan, IN

    Consider similar Off-Market properties in Milan, 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.

    4632 County Rd 150th E
    CAMPGROUND, RV PARK

    4632 County Rd 150th E, Milan, IN 47031-9301

    Value Estimation by Request
    16.96 AC lot
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    835 Co Rd 450
    Land

    835 Co Rd 450, Milan, IN 47031

    Value Estimation by Request
    43.00 AC lot
    View details
    707 Ripley St
    MOBILE HOME PARK, TRAILER PARK

    707 Ripley St, Milan, IN 47031-1117

    Value Estimation by Request
    13.48 AC lot
    View details
    209 Carr St
    APARTMENT HOUSE (UNDER 5 UNITS)

    209 Carr St, Milan, IN 47031-2503

    Value Estimation by Request
    1,148 sqft 0.02 AC lot
    View details

    Milan, IN Residential Income Properties Market Trends and Statistics

    Explore 5 residential income properties for sale in Milan, 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 $127,000.

    Sale prices for residential income properties in Milan, IN start at $127,000, averaging $127,000, and reaching up to $127,000 — 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 5,179
    Population Growth (5Y) -3.3%
    Median Household Income $67,520
    College Educated 26.8%

    Taxes & Financing

    Tax Rate (average for all types) 2.22%
    Property Tax per SF $49.00 per SF
    Tax Rate vs County Average 0.10 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ripley County

    New Delisted

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