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    Milan, IN
    Residential Income

    Milan, IN Residential Income Properties for Sale

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    Sunman, IN Moores Hill, IN Aurora, IN Dillsboro, IN Osgood, IN Versailles, IN Guilford, IN Batesville, 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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    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 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.

    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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    Updated Multifamily Property
    Updated Multifamily Property

    15284 Veterans Lane, Dillsboro, IN 47018

    $685,000
    1.51 AC lot

    Four updated buildings offer leased residential units with on-site septic service and select furnishings and appliances.

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    Duplex with Two Occupied Units
    Duplex with Two Occupied Units

    12900 North St, Dillsboro, IN 47018

    $89,500
    0.10 AC lot

    Two-unit duplex in Dillsboro, zoned C-3, with a 2 bed/1 bath and 3 bed/1.5 bath unit currently occupied.

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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 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: 6, Dillsboro, IN 47018

    $39,900
    0.27 AC lot

    0.27-acre residential lot in Dillsboro, Indiana.

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    Land with Overlook in Aurora
    Land with Overlook in Aurora

    12431 Siemantel Avenue lot: 90-92, Aurora, IN 47001

    $100,000
    1.29 AC lot

    Residential land with amazing views overlooking Aurora and the Ohio River.

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    Residential Land in Rookwood Estates
    Residential Land in Rookwood Estates

    Rookwood Drive lot: 30, Lawrenceburg, IN 47025

    $35,000
    1.13 AC lot

    Residential land for sale in a quiet, custom home subdivision.

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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

    Estimated value:
    $220,000
    16.96 AC lot
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    707 Ripley St
    MOBILE HOME PARK, TRAILER PARK

    707 Ripley St, Milan, IN 47031-1117

    Estimated value:
    $350,000
    13.48 AC lot
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    209 Carr St
    APARTMENT HOUSE (UNDER 5 UNITS)

    209 Carr St, Milan, IN 47031-2503

    Estimated value:
    $225,000
    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.

    Sale prices for residential investment properties in Milan, IN average $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%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    47031 $127K

    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%

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Milan, IN

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