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Salem, IN Residential Income Properties for Sale

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Apartment Complex in Salem, Indiana
$1,500,000
41,734 SF

Apartment Complex in Salem, Indiana

100 Walnut Tree Dr, Salem, IN 47167

21-unit apartment complex with rental income potential in Salem, Indiana.

  • Rental income opportunity with 21 units across 8 buildings, all currently leased.
  • Excellent location just off SR 60.
  • Off‑street parking available.
  • Multiple units with cooling systems.
  • Basement included.
Last Update: Sep 6
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Salem, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Pekin Multi-Family Investment Opportunity
$199,800
2,752 SF

Pekin Multi-Family Investment Opportunity

Quadplex with High Rental Income Potential
26 Main St, Pekin, IN 47165
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New
Remodeled Farmhouse with Covered Deck
$269,995
1,040 SF

Remodeled Farmhouse with Covered Deck

Remodeled farmhouse on 2 acres, additional land available.
2506 S Mount Zion Church Rd, Pekin, IN 47165
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66.24 Acre Farm with Rental
$999,900
1,515 SF

66.24 Acre Farm with Rental

66.24 acre farm featuring a rental home and barns.
8960 Turkey Farm Rd NW, New Salisbury, IN 47161
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Highway Commercial Property with Multiple Incomes
$1,600,000
3,052 SF

Highway Commercial Property with Multiple Incomes

Established business with restaurant, car wash, rentals, and barber shop.
1585 Highway 64 NE, New Salisbury, IN 47161
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 Near Salem Square
$49,900
0.91 Acres

Residential Land Near Salem Square

Unrestricted residential land near Salem Square, utilities available.
S South 160, Salem, IN 47167
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9.75 Acres of Open Land
$125,000
9.76 Acres

9.75 Acres of Open Land

9.75 acres of open ground, woods, and rolling landscape.
979 E Spring House Ln, Salem, IN 47167
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Explore Off-Market Properties in Salem, IN

Consider similar Off-Market properties in Salem, 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.

701 Etzler Dr

701 Etzler Dr

Multifamily properties • 28,688 SF
Value Estimation by Request
701 Etzler Dr, Salem, IN 47167
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Sunset Oaks N Beeline Rd Side Of

Sunset Oaks N Beeline Rd Side Of

MOBILE HOME PARK, TRAILER PARK • 10.88 Acres
Value Estimation
$330,000
Sunset Oaks N Beeline Rd Side Of, Salem, IN 47167
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Wsidevillage N Side Of W State Rd 60th Side Of

Wsidevillage N Side Of W State Rd 60th Side Of

MOBILE HOME PARK, TRAILER PARK • 9.50 Acres
Value Estimation
$350,000
Wsidevillage N Side Of W State Rd 60th Side Of, Salem, IN 47167
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Salem, IN Residential Income Properties Investment Opportunities Market Analysis

Explore 4 residential income properties for sale in Salem, IN on our real estate platform. These investment opportunities span a total of 979,229 square feet of properties for sale, with an estimated market value of $2,075,000.

Prices for residential income properties in Salem, IN start at $280,000, averaging $691,666, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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