Mount Summit, IN Residential income properties for sale

Updated: Jul 17

7-Unit Apartment Building

601 S Walnut Street, Mount Summit, IN 47361

$455,000

0.54 AC lot

7‑unit apartment building with 3,348 square feet of living area
Six one‑bedroom, one‑bath units of approximately 500 SF each
One efficiency unit with approximately 350 SF of living space
Fully occupied property with a 9.7% cap rate
Built in 1960; shingle and asphalt roof

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Mount Summit, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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 Attached Guest Suite

130 E Broad Street, Spiceland, IN 47385

$274,900

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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Duplex with New Roof

502 S 12th St, New Castle, IN 47362

$164,900

2,688 sqft

Both residences feature generous layouts, formal dining rooms, fireplaces, and downstairs laundry hookups.

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Updated Duplex with Guest Suite

130 E Broad St, Spiceland, IN 47385

$274,900

1,800 sqft

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

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Residential Income Property

New Castle, IN 47362

$274,900

For sale residential income property located at 423 South 11th Street in New Castle, Indiana.

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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.

Wooded Residential Land Tract

N Main Street, New Castle, IN 47362

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0.56 AC lot

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

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Residential Lots in Kennard, IN

Lake Drive, Kennard, IN 47351

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0.27 AC lot

Residential lots approved for manufactured homes with city sewers.

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Residential Lot in Shirley, IN

Pennsylvania Street, Shirley, IN 47384

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0.51 AC lot

Vacant residential lot available in Shirley, Indiana.

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Vacant Residential Lot

Pennsylvania Street, Shirley, IN 47384

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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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Mount Summit, IN Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Mount Summit, IN on our real estate platform.

Sale prices for residential income properties in Mount Summit, IN average $455,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Mount Summit, IN Residential Income Properties for Sale

601 S Walnut Street, Mount Summit, IN 47361