Residential Income

Salem, IN Residential Income Properties for Sale

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Pekin, IN Scottsburg, IN Vallonia, IN Borden, IN Fredericksburg, IN Campbellsburg, IN Austin, IN Palmyra, IN
8-Unit Duplex Apartment Property
Updated: Aug 8
8-Unit Duplex Apartment Property

10 Campbell Court, Salem, IN 47167

$800,000
7,344 sqft 1.13 AC lot
Eight occupied duplex units, each with 2 bedrooms, 1 bathroom, and 918 square feet
Four buildings on a 1.13‑acre site
Total property size of 7,344 square feet
Separate electric and water meters for each unit
Private decks, laundry hookups, storage, and paved off‑street parking
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Mixed-Use Building with Apartments
Updated: Jun 8
Mixed-Use Building with Apartments

106 S Main Street, Salem, IN 47167

$250,000
4,388 sqft 0.05 AC lot
4,388‑square‑foot building on a 0.05‑acre lot
Three‑level property originally built in 1910
Main‑floor office with full bathroom and separate one‑bedroom, one‑bath apartment
Upper‑floor apartment has three bedrooms and two bathrooms
Basement area measures approximately 27' x 15.8'
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Waterfront Cabin Retreat Land
Waterfront Cabin Retreat Land

E farabee Road, Salem, IN 47167

$70,000
1.00 AC lot

One-acre waterfront parcel in Salem with a rustic cabin, loft, and covered deck overlooking a pond.

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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
3 active listings match your search: Residential Income for sale in Salem, IN. Based on your search, we've also compiled 11 Potential Opportunities for your consideration: 4 properties in nearby cities, 3 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

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

10-Unit Renovated Apartment Building
10-Unit Renovated Apartment Building

Scottsburg, IN 47170

$795,000
4,531 sqft 0.35 AC lot

All residences are leased, and recent interior updates provide refreshed living spaces.

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Five-Unit Apartment Building
Five-Unit Apartment Building

20015 Star Valley Way, Borden, IN 47106

$349,000
1.00 AC lot

Single-story property with mixed one- and two-bedroom layouts and shared utility service.

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Renovated Apartment Complex Investment Opportunity
Renovated Apartment Complex Investment Opportunity

513 N. GARDNER ST, Scottsburg, IN

Contact for pricing
4,531 sqft 0.44 AC lot

Fully leased, renovated 10-unit apartment complex in Scottsburg, Indiana.

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Six-Unit Duplex Portfolio
Six-Unit Duplex Portfolio

105 Brewer Drive, Borden, IN 47106

Contact for pricing

Three separately situated buildings offer an established, professionally managed rental operation in Borden Ridge Subdivision.

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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.

Agricultural Land with Pasture
Agricultural Land with Pasture

W Highway 60 at Temple Rd, Salem, IN 47167

$259,900
24.70 AC lot

Agri/Residential zoning, available utilities, and prior perc testing support a range of rural land uses.

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Greenville Corner Lot For Sale
Greenville Corner Lot For Sale

Highway 150 & Voyles Rd, Greenville, IN 47124

$200,000
3.40 AC lot

Corner lot in Greenville, Indiana, consisting of three parcels.

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Residential Lot in Floyds Knobs
Residential Lot in Floyds Knobs

S Skyline Court lot: 17, Floyds Knobs, IN 47119

$74,000
1.45 AC lot

Residential land in Woods of Skyline subdivision, Floyds Knobs.

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Residential Land in Floyds Knobs
Residential Land in Floyds Knobs

3704 Mirville Court, Floyds Knobs, IN 47119

$96,900
0.62 AC lot

Residential land with community amenities in Floyds Knobs, Indiana.

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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
Multifamily properties

701 Etzler Dr, Salem, IN 47167

Estimated value: by Request
28,688 sqft 1.89 AC lot
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Sunset Oaks N Beeline Rd Side Of
MOBILE HOME PARK, TRAILER PARK

Sunset Oaks N Beeline Rd Side Of, Salem, IN 47167

Estimated value:
$280,000
10.88 AC lot
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Wsidevillage N Side Of W State Rd 60th Side Of
MOBILE HOME PARK, TRAILER PARK

Wsidevillage N Side Of W State Rd 60th Side Of, Salem, IN 47167

Estimated value:
$295,000
9.50 AC lot
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Salem, IN Residential Income Properties Market Trends and Statistics

Explore 6 residential income properties for sale in Salem, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,732 square feet of properties for sale, with an estimated market value of $1,120,000.

Sale prices for residential investment properties in Salem, IN start at $70,000, averaging $373,333, and reaching up to $800,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 2
Apartment buildings 1
Single family properties 1

Demographics Overview

Population 16K
Population Growth (5Y) +6.2%
Median Household Income $57,697
College Educated 18.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
47167 $480K

Taxes & Financing

Tax Rate (average for all types) 2.65%
Property Tax per SF $46.11 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

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