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Sunman, IN

Residential Income

Sunman, IN Residential Income Properties for Sale

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

Turnkey Restaurant and Apartments

Updated: Sep 25, 2025

Turnkey Restaurant and Apartments

119 S Meridian Street, Sunman, IN 47041

$349,000

0.16 AC lot

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

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.

Duplex with Vacant Upper Unit

Duplex with Vacant Upper Unit

201 Walker Avenue, Aurora, IN 47001

$189,900

2,040 sqft 0.11 AC lot

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

Two-Unit Residential Income Property

Two-Unit Residential Income Property

201 Walker Avenue, Aurora, IN 47001

$189,900

2,040 sqft

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

Two-Unit Rental Property with Decks

Two-Unit Rental Property with Decks

339 E Washington Street, Greensburg, IN 47240

$196,000

0.15 AC lot

Well-maintained duplex with renovated lower unit and covered porches, zoned B1 for business or residential use.

Mixed-Use Building on the Square

Mixed-Use Building on the Square

112 /114 E Washington Street, Greensburg, IN 47240

$325,000

Mixed-use property with retail on the main level and four one-bedroom apartments above, plus rear parking.

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 in Aurora, Indiana

Residential Land in Aurora, Indiana

4 Plano Trail Lane lot: 4, Aurora, IN 47001

$124,000

4.80 AC lot

Spacious lots for custom homes with utilities available.

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.

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

Value Estimation by Request

2.00 AC lot

123 Meridian St

APARTMENT HOUSE (UNDER 5 UNITS)

123 Meridian St, Sunman, IN 47041-9134

Value Estimation by Request

3,768 sqft 0.07 AC lot

512 Meridian St

APARTMENT HOUSE (UNDER 5 UNITS)

512 Meridian St, Sunman, IN 47041

Value Estimation by Request

2,124 sqft 0.50 AC lot

9809 Dearborn Rd

APARTMENT HOUSE (UNDER 5 UNITS)

9809 Dearborn Rd, Sunman, IN 47041

Value Estimation by Request

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

Value Estimation by Request

2,768 sqft 1.08 AC lot

27698 Temple Dr

APARTMENT HOUSE (UNDER 5 UNITS)

27698 Temple Dr, Sunman, IN 47041

Value Estimation by Request

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	$499.5K

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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