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Rising Sun, IN Multifamily Home for Sale

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    $149,900

    • 1,470 Sq Ft

    321 2nd St, Rising Sun, IN 47040

    Great Investment opportunity in Rising Sun! This duplex is perfect for generating rental income or offsetting your mortgage. The first-floor unit is occupied by a long-term tenant, providing immediate income, while the second-floor unit is vacant and ready for your vision. Owner pays water/trash (approx. $75/month); tenant covers gas/electric. Property sold as-is. Don't miss out!

    Alexis Jent Huff Realty Indiana

    321 2nd St, Rising Sun, IN 47040

Why Live in Rising Sun

Rising Sun boomed as an Ohio River port in the early 1800s thanks to its position south of Cincinnati. But when the railroad all but replaced the steamboat industry, the city's growth stalled at just over 2,000 people. Today, the small town still revolves around the river, which is the focus of a quaint downtown district and the home to the floating Rising Sun Casino boat, the area's largest employer. At just over one square mile in size, Rising Sun is so small that many residents use golf carts to get around instead of cars. "I enjoy living here because it's such a close-knit community," says Cliff Thies, a city councilman and executive director of the Ohio County Historical Society and Museum. "We recently had a severe storm that blew trees over, and before the city could even respond, neighbors were out with chainsaws helping each other. That's just typical of the people here." At the heart of town, the Rising Sun Historic District has structures from the 1800s to the 1950s, with a mix of humble and elaborate architecture in Queen Anne, Federal and Italianate styles. Outside the historic district, it's more common to see ranch-style homes built from the mid-1900s to today.

Home Trends in Rising Sun, IN

Housing Trends

Median Sale Price
$288,500
Median Single Family Sale Price
$293,750
Median Townhouse Sale Price
$350,000
Median 2 Bedroom Sale Price
$288,500
Average Price Per Sq Ft
$141
Number of Homes for Sale
12
Last 12 months Home Sales
4
Months of Supply
36.00
Median List Price
$299,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-8%
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