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Sunman, IN

Residential Income

Sunman, IN Residential Income Properties for Sale

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Batesville, IN Milan, IN West Harrison, IN Aurora, IN Michigan City, IN Moores Hill, IN Guilford, IN Brookville, IN

Mixed-Use Building with Restaurant

Updated: Sep 25, 2025

Mixed-Use Building with Restaurant

119 S Meridian Street, Sunman, IN 47041

$349,000

0.16 AC lot

Restaurant area includes 2 pizza ovens, a walk‑in cooler, and food‑service equipment
Three upstairs apartments: (2) two‑bedroom units and (1) one‑bedroom unit
Original early 1900s bar and back bar remain in the building
Built in 1930 on 0.16 acres
Located at 119 S Meridian Street in downtown Sunman, IN

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 1 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.

Ranch Duplex with Outbuilding

Ranch Duplex with Outbuilding

10034 State Road 1, Brookville, IN 47012

$175,000

1,800 sqft 1.00 AC lot

Natural setting near Brookville Lake with driveway parking and additional barn storage.

Duplex with Barn and Stream Setting

Duplex with Barn and Stream Setting

A-10034 State Road 1, Brookville, IN 47012

$175,000

1,800 sqft

Two-unit property with flexible rental options, extra storage space, and a natural setting near Brookville Lake.

Two-Unit Duplex with Efficiency

Two-Unit Duplex with Efficiency

1016 Central Avenue, Batesville, IN 47006

$174,900

2,125 sqft

Residential-zoned property with a two-bedroom main level and separate upstairs efficiency layout.

Multi-Tenant Income Property

Multi-Tenant Income Property

209 N Walnut St, Batesville, IN 47006

$349,900

Income-producing building with four current tenants and an efficiency apartment on the third floor.

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 Acreage in Aurora, Indiana

Wooded Acreage in Aurora, Indiana

Eugene lot: 19, Aurora, IN 47001

$320,000

20.28 AC lot

20+ acre wooded residential land with building potential.

Residential Lot in Lawrenceburg, IN

Residential Lot in Lawrenceburg, IN

69 Nevada Court lot: 69, Lawrenceburg, IN 47025

$37,175

0.66 AC lot

Residential lot for sale in established Lawrenceburg community.

Residential Lot in Lawrenceburg, IN

Residential Lot in Lawrenceburg, IN

68 Nevada Court lot: 68, Lawrenceburg, IN 47025

$35,375

0.41 AC lot

Residential lot for sale in established Lawrenceburg community.

Residential Land in Established Neighborhood

Residential Land in Established Neighborhood

67 Nevada Court lot: 67, Lawrenceburg, IN 47025

$35,675

0.32 AC lot

Residential lot for sale in Lawrenceburg, Indiana.

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

310 Western Ave, Sunman, IN 47041-7737

Estimated value:

$270,000

2.00 AC lot

123 Meridian St

APARTMENT HOUSE (UNDER 5 UNITS)

123 Meridian St, Sunman, IN 47041-9134

Estimated value:

$230,000

3,768 sqft 0.07 AC lot

512 Meridian St

APARTMENT HOUSE (UNDER 5 UNITS)

512 Meridian St, Sunman, IN 47041

Estimated value:

$235,000

2,124 sqft 0.50 AC lot

9809 Dearborn Rd

APARTMENT HOUSE (UNDER 5 UNITS)

9809 Dearborn Rd, Sunman, IN 47041

Estimated value:

$240,000

6,570 sqft 1.06 AC lot

7523 County Rd 1250th N

APARTMENT HOUSE (UNDER 5 UNITS)

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

Estimated value:

$245,000

2,768 sqft 1.08 AC lot

27698 Temple Dr

APARTMENT HOUSE (UNDER 5 UNITS)

27698 Temple Dr, Sunman, IN 47041

Estimated value:

$265,000

6,168 sqft 0.82 AC lot

Sunman, IN Residential Income Properties Market Trends and Statistics

Explore 7 residential income properties for sale in Sunman, IN on our real estate platform.

Sale prices for residential income properties in Sunman, IN average $349,000 — 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

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	$349K

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%

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