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    Mitchell, IN Residential Income Properties for Sale

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    Orleans, IN Bedford, IN Williams, IN
    Downtown Mitchell Duplex Opportunity
    $79,900
    3,485 SF

    Downtown Mitchell Duplex Opportunity

    609 West Main Street, Mitchell, IN 47446

    Two-unit property in downtown Mitchell, Indiana, for sale.

    • Downtown Mitchell Location: Convenient access to shops, dining, and amenities.
    • Two Separate Apartment Units: Potential for income‑producing use or multi‑unit living.
    • Brick Exterior: Durable and classic aesthetic.
    • Central Air Conditioning: Modern comfort.
    • Basement: Offers potential for storage or additional living space.
    Updated: Apr 10
    View details
    Main Street Commercial Building
    $55,000
    0.08 Acres

    Main Street Commercial Building

    615 W Main Street, Mitchell, IN 47446

    Mixed-use building with storefronts and apartment in Mitchell, Indiana.

    • Income‑generating potential with front commercial spaces.
    • Back apartment offers living space or rental income opportunity.
    • Seller financing available with 9% interest for 10 years.
    • Each storefront has its own full bathroom.
    • Large display windows in each commercial space.
    Updated: Feb 10
    View details
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 2 Active listings in Mitchell, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

    Bloomington Duplex: Investment Opportunity
    $424,900
    2,592 SF

    Bloomington Duplex: Investment Opportunity

    Well-maintained duplex with strong rental history near shopping and downtown.

    3429 & 3431 S Kennedy Drive, Bloomington, IN 47401
    View details
    Bedford Duplex Investment Opportunity
    $199,900
    2,972 SF

    Bedford Duplex Investment Opportunity

    Fully occupied duplex with rental income and future upside.

    1708 24th Street, Bedford, IN 47421
    View details
    Unique Home with Rental Potential
    $355,000
    2,600 SF

    Unique Home with Rental Potential

    Four-bedroom home with in-law suite, ideal for owner-occupancy.

    2708 S Rogers Street, Bloomington, IN 47403
    View details
    Bedford Fourplex Investment Opportunity
    $290,000
    3,328 SF

    Bedford Fourplex Investment Opportunity

    Fourplex in Bedford, Indiana with 100% occupancy.

    1714 M Street, Bedford, IN 47421
    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 Land in Bedford, IN
    $30,000
    0.21 Acres

    Residential Land in Bedford, IN

    Residential lot in Bedford, Indiana, with rezoning potential.

    1807 16th Street, Bedford, IN 47401
    View details
    West Baden Springs Wooded Acreage
    $509,000
    43.55 Acres

    West Baden Springs Wooded Acreage

    43.55 acres of wooded land near French Lick Resort.

    W County Pike Road, West Baden Springs, IN 47469
    View details
    30+ Acre Residential Land Parcel
    $573,500
    30.31 Acres

    30+ Acre Residential Land Parcel

    30+ acre residential land parcel in Paoli, Indiana.

    0 W Oakwood Lane, Paoli, IN 47454
    View details
    Secluded Hunting Land with Cabin
    $425,000
    37.22 Acres

    Secluded Hunting Land with Cabin

    37+ acres of prime hunting ground with natural springs.

    2398 E US Hwy 150 Highway, Paoli, IN 47454
    View details

    Off-Market Properties in Mitchell, IN

    Consider similar Off-Market properties in Mitchell, 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.

    1353 9th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,614 SF Lot: 1.10 Acres
    Value Estimation by Request

    1353 9th St, Mitchell, IN 47446-5981

    View details
    371 Rabbitsville Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 9.43 Acres
    Value Estimation by Request

    371 Rabbitsville Rd, Mitchell, IN 47446

    View details
    Frank St W Grissom Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.68 Acres
    Value Estimation by Request

    Frank St W Grissom Ave, Mitchell, IN 47446

    View details
    1300 Elm Park Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,248 SF Lot: 1.89 Acres
    Value Estimation by Request

    1300 Elm Park Dr, Mitchell, IN 47446

    View details
    122 6th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,200 SF Lot: 0.07 Acres
    Value Estimation by Request

    122 6th St, Mitchell, IN 47446-1423

    View details
    Grissom Ave S 11th St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.92 Acres
    Value Estimation by Request

    Grissom Ave S 11th St, Mitchell, IN 47446

    View details
    1012 Frank St Trlr, Unit 19
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.14 Acres
    Value Estimation by Request
    Unit 19

    1012 Frank St Trlr, Mitchell, IN 47446-1674

    View details
    Hancock To Rabbitsville Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 16.10 Acres
    Value Estimation by Request

    Hancock To Rabbitsville Rd, Mitchell, IN 47446

    View details

    Mitchell, IN Residential Income Properties Investment Opportunities Market Analysis

    Explore 10 residential income properties for sale in Mitchell, IN on our real estate platform. These investment opportunities span a total of 3,485 square feet of properties for sale, with an estimated market value of $79,900.

    Sale prices for residential income properties in Mitchell, IN start at $79,900, averaging $79,900, and reaching up to $79,900 — 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

    Duplexes 1
    Multifamily properties 1

    Demographics Overview

    Population 9,259
    Population Growth (5Y) -12.4%
    Median Household Income $53,182
    College Educated 28.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    47446 $67.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.75%
    Property Tax per SF $41.11 per sq ft
    Tax Rate vs County Average 0.65 pp below county avg
    Average Loan-to-Value 65.0%

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