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    Sunman, IN Residential Income Properties for Sale

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    Batesville, IN Aurora, IN Milan, IN
    Turnkey Restaurant and Apartments
    $349,000
    0.16 Acres
    Turnkey Restaurant and Apartments

    119 S Meridian Street, Sunman, IN 47041

    Turnkey restaurant space with kitchen equipment plus three apartments above, offering combined income and operating flexibility.
    • Year built 1930 mixed‑use property in downtown Sunman
    • Turn‑key restaurant space includes 2 pizza ovens, walk‑in cooler, and all equipment
    • Restaurant features a historic early 1900's original bar and back bar
    • Upstairs rentals include two 2‑bedroom apartments and one 1‑bedroom apartment
    • Property listed with all required restaurant equipment included
    Updated: Sep 25, 2025
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    SINGLE_FAMILY - Sunman, IN
    $649,900
    0.35 Acres
    SINGLE_FAMILY - Sunman, IN

    104 S Meridian Street, Sunman, IN 47041

    Conventional restaurants · 0.35 Acres
    • Turnkey restaurant business opportunity with included liquor license, trade fixtures, equipment, furniture, and kitchen appliances.
    • Upstairs apartment provides supplemental income potential or owner residence.
    • Recent major renovations including roof, furnace, air conditioning, flooring, and concrete parking lot.
    • Prime investment opportunity with building and additional parking area.
    • Unfinished 500 sq ft upstairs space offers potential for expansion or additional apartment.
    Updated: Apr 2, 2025
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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 2 Active listings in Sunman, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

    Lawrenceburg Apartment Complex For Sale
    $1,100,000
    10,242 SF
    Lawrenceburg Apartment Complex For Sale

    12-unit apartment complex near downtown Lawrenceburg, generating over $11,000 monthly.

    522 Front Street, Lawrenceburg, IN 47025

    View details
    Duplex with Vacant Upper Unit
    $189,900
    2,040 SF
    Duplex with Vacant Upper Unit

    Duplex offers a month-to-month occupied lower unit and a vacant upper unit for immediate rental flexibility or conversion.

    201 Walker Avenue, Aurora, IN 47001

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    Two-Unit Residential Income Property
    $189,900
    2,040 SF
    Two-Unit Residential Income Property

    Duplex-style property with one vacant unit for immediate occupancy or rental alongside a month-to-month tenant.

    201 Walker Avenue, Aurora, IN 47001

    View details
    Corner Office Building with Apartment
    $375,000
    0.06 Acres
    Corner Office Building with Apartment

    Corner visibility and framed interior renovation support flexible office and future second-floor apartment buildout.

    200 E Eads Parkway, Lawrenceburg, IN 47025

    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 Lot in Milan, Indiana
    $49,900
    0.53 Acres
    Residential Lot in Milan, Indiana

    Residential lot available in Milan, Indiana with utilities.

    Shawnee Trail lot: 11, Milan, IN 47031

    View details
    Residential Lot in Lawrenceburg, IN
    $37,175
    0.66 Acres
    Residential Lot in Lawrenceburg, IN

    Residential lot for sale in established Lawrenceburg community.

    69 Nevada Court lot: 69, Lawrenceburg, IN 47025

    View details
    Residential Lot in Lawrenceburg, IN
    $35,375
    0.41 Acres
    Residential Lot in Lawrenceburg, IN

    Residential lot for sale in established Lawrenceburg community.

    68 Nevada Court lot: 68, Lawrenceburg, IN 47025

    View details
    Residential Land in Established Neighborhood
    $35,675
    0.32 Acres
    Residential Land in Established Neighborhood

    Residential lot for sale in Lawrenceburg, Indiana.

    67 Nevada Court lot: 67, Lawrenceburg, IN 47025

    View details

    Off-Market Properties in Sunman, IN

    Consider similar Off-Market properties in Sunman, 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.

    310 Western Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.00 Acres
    Value Estimation by Request

    310 Western Ave, Sunman, IN 47041-7737

    View details
    123 Meridian St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,768 SF Lot: 0.07 Acres
    Value Estimation by Request

    123 Meridian St, Sunman, IN 47041-9134

    View details
    512 Meridian St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,124 SF Lot: 0.50 Acres
    Value Estimation by Request

    512 Meridian St, Sunman, IN 47041

    View details
    9809 Dearborn Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,570 SF Lot: 1.06 Acres
    Value Estimation by Request

    9809 Dearborn Rd, Sunman, IN 47041

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    7523 County Rd 1250th N
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,768 SF Lot: 1.08 Acres
    Value Estimation by Request

    7523 County Rd 1250th N, Sunman, IN 47041-7985

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    27698 Temple Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,168 SF Lot: 0.82 Acres
    Value Estimation by Request

    27698 Temple Dr, Sunman, IN 47041

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    Sunman, IN Residential Income Properties Investment Opportunities Market Analysis

    Explore 8 residential income properties for sale in Sunman, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $998,900.

    Sale prices for residential income properties in Sunman, IN start at $349,000, averaging $499,450, and reaching up to $649,900 — 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

    Commercial property segments ranked by active listings on the market

    Multifamily properties 1
    Triplexes 1

    Demographics Overview

    Population 6,148
    Population Growth (5Y) -5.8%
    Median Household Income $86,778
    College Educated 35.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    47041 $649.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.06%
    Property Tax per SF $43.16 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ripley County

    New Delisted

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