221 E Jackson Street, Sullivan, IN 47882
3
1|Townhouse
AUD $186,611
USD $129,900
Published on: 22 May 2026
Last updated on: 29 Sep 2026
Property ID: 110108199110
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MULTI-FAMILY, Sullivan, IN
221 E Jackson Street, Sullivan, IN 47882
SOLID INVESTOR OPPORTUNITY! Cash-flowing duplex with 5.46% cap rate and VALUE-ADD potential to reach 8.63%! Both units currently rented: Unit 1 at $740/mo and Unit 2 at $725/mo generating $17,580 annual income. Positive $617/month NOI before mortgage. Well-maintained property with established tenants in place. Current owner pays water, sewer and lawn care. Property features solid fundamentals with moderate 58% expense ratio. Priced at $129,900 for immediate cash flow with built-in upside. Great portfolio addition or first investment property!
Property Details
Basic Info
Outdoor Feature
Basic Info
Property Type
Townhouse
Listing Status
Active
Year Built
1915
Rooms
3 bedroom(s), 1 bathroom(s)
Parcel ID
77-07-34-224-086.000-012
Provider
Terre Haute Area Association of Realtors
Brokerage Office Name
NEXTHOME REAL ESTATE CONNECTIONS
Brokerage Office Phone
8128149103
Neighbourhoods
Sullivan County
Address
221 E Jackson Street, Sullivan, IN 47882
Nearby Schools
| Type | School name | District name |
|---|---|---|
| High | Sullivan | Not available |
| Elementary | Sullivan Elem | Not available |
| Middle | Sullivan MS | Not available |
| Juniorhigh | Sullivan MS | Not available |
Contact Agent
Tracey Symon
NEXTHOME REAL ESTATE CONNECTIONS
668 HULMAN ST. , TERRE HAUTE, IN 47802
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Contact Agent
Contact Agent
Email enquiry to NEXTHOME REAL ESTATE CONNECTIONS
Tracey Symon
668 HULMAN ST. , TERRE HAUTE, IN 47802
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Property ID: 110108199110
Original Property ID: 3yd-THAARIN-109435Data provided by Terre Haute Area Association of Realtors, MLS #: 109435
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