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Sullivan, IN Residential Income Properties for Sale

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Terre Haute, IN Riley, IN West Terre Haute, IN

Income-Generating Duplex in Sullivan, Indiana

$135,500

2,239 SF

Income-Generating Duplex in Sullivan, Indiana

221 Jackson St, Sullivan, IN 47885

Duplex with tenants, generating $17,580 annual income.

Immediate cash flow with both units occupied by established tenants.
Generates $17,580 in annual gross income.
Current cap rate of 5.46% at the list price of $135,500.
Positive NOI of $617/month before debt service.
Value‑add cap rate potential of 8.63% as leases renew.

Updated: May 21

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$135,500

Sullivan, IN Duplex For Sale

221 E Jackson Street, Sullivan, IN 47882

Duplex located in Sullivan, Indiana.

Range and Refrigerator included
Three bedrooms
Vinyl and Carpet flooring
Metal Siding Construction
Paved Street

Updated: May 21

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$330,000

12,274 SF

Downtown Sullivan Mixed-Use Property

Cash-flowing, turn-key property with commercial spaces and apartments.

18 W Washington St, Sullivan, IN 47882

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 3 Active listings in Sullivan, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

Terre Haute Commercial Investment Opportunity

$579,900

3,600 SF

Terre Haute Commercial Investment Opportunity

Three-building package with retail, rental, and residential potential.

3403 S 7th Street, Terre Haute, IN 47802

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$435,000

2,310 SF

Well-Maintained Duplex with Extra Lot

Income-generating duplex with garages, extra lot, and desirable location.

750 N Main Street, Linton, IN 47441

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$199,500

1,648 SF

Renovated Triplex with Private Entries

Completely renovated triplex offers two efficiency studios and a one-bedroom unit, ideal for income or flexible living.

88 SE 1st Street, Linton, IN 47441

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$119,900

Terre Haute Duplex For Sale

Duplex located in Terre Haute, Indiana.

1604 S Center Street, Terre Haute, IN 47802

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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.

Contact for pricing

0.42 Acres

Corner Lot in Lewis, Indiana

Residential corner lot with utilities available for future home.

State Street, Lewis, IN 47858

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Contact for pricing

0.25 Acres

Robinson, IL Vacant Double Lot

Vacant double lot suitable for duplex or apartment construction.

814 N. Robb St., Robinson, IL 62454

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$114,900

2.80 Acres

Residential Lot in Meadow Ridge

2.8-acre lot ready for construction in Terre Haute.

W Curry Drive lot: 4, Terre Haute, IN 47802

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$89,900

1.51 Acres

Terre Haute Land Parcel

1.51-acre lot in Meadow Ridge Subdivision, ready for construction.

Meadow Ridge Road lot: 5, Terre Haute, IN 47802

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Off-Market Properties in Sullivan, IN

Consider similar Off-Market properties in Sullivan, 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.

APARTMENT HOUSE (UNDER 5 UNITS)

8,512 SF Lot: 0.12 Acres

Estimated value

$575,000

19 Jackson St, Sullivan, IN 47882-1575

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APARTMENT HOUSE (UNDER 5 UNITS)

7,074 SF Lot: 0.06 Acres

Value Estimation by Request

15 Jackson St, Sullivan, IN 47882-1503

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APARTMENT HOUSE (UNDER 5 UNITS)

5,016 SF Lot: 0.06 Acres

Value Estimation by Request

23 Jackson St, Sullivan, IN 47882-1503

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Sullivan, IN Residential Income Properties Investment Opportunities Market Analysis

Explore 6 residential income properties for sale in Sullivan, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 14,513 square feet of properties for sale, with an estimated market value of $465,500.

Sale prices for residential income properties in Sullivan, IN start at $135,500, averaging $232,750, and reaching up to $330,000 — 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

Demographics Overview

Population 8,494

Population Growth (5Y) +9.1%

Median Household Income $53,522

College Educated 12.4%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
West Terre Haute	$135.5K
Sullivan	$232.8K

Taxes & Financing

Tax Rate (average for all types) 2.60%

Property Tax per SF $41.34 per sq ft

Average Loan-to-Value 65.0%

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Most Searched ZIP Codes in Sullivan, IN

47882
47885

Sullivan, IN Residential Income Properties for Sale