# 221 E Jackson Street, Sullivan, IN 47882 > **TL;DR:** 3bd/1ba multi-family, $129,900, built 1915. > A/C, 2-car garage. Est. $695/mo. Listed 131 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $129,900 | | Bedrooms | 3 | | Bathrooms | 1 full | | Year Built | 1915 | | Garage | 2-car | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 131 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $657 | | Estimated Insurance | $38 | | **Total** | **$695** | ## Nearby Schools - **Elementary:** Sullivan Elem - **Middle:** Sullivan MS - **High:** Sullivan ## Key Amenities - A/C - 2-car garage ## Property Highlights - Built in 1915 ## Description ### Agent Description 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! ## Location - **Address:** 221 E Jackson Street, Sullivan, IN 47882 - **Coordinates:** 39.094073, -87.404023 - **Google Maps:** https://www.google.com/maps?q=39.094073,-87.404023 ## Listing Agent - **Name:** Tracey Symon - **Brokerage:** NEXTHOME REAL ESTATE CONNECTIONS - **Phone:** 8128149103 - **Broker Phone:** 8128149103 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/221-E-Jackson-St_Sullivan_IN_47882_M46842-32626?f=listhub&s=THAARIN&m=109435&c=propsimple) ## Photos ![221 E Jackson Street - Photo 1](http://lh.rdcpix.com/a68b94f70409d390827327d6ef2e2ed0l-f2828467338r.jpg) ![221 E Jackson Street - Photo 2](http://lh.rdcpix.com/a68b94f70409d390827327d6ef2e2ed0l-f511229681r.jpg) ![221 E Jackson Street - Photo 3](http://lh.rdcpix.com/a68b94f70409d390827327d6ef2e2ed0l-f1146306777r.jpg) ![221 E Jackson Street - Photo 4](http://lh.rdcpix.com/a68b94f70409d390827327d6ef2e2ed0l-f554769233r.jpg) ![221 E Jackson Street - Photo 5](http://lh.rdcpix.com/a68b94f70409d390827327d6ef2e2ed0l-f893014134r.jpg) ![221 E Jackson Street - Photo 6](http://lh.rdcpix.com/a68b94f70409d390827327d6ef2e2ed0l-f2891345832r.jpg) ![221 E Jackson Street - Photo 7](http://lh.rdcpix.com/a68b94f70409d390827327d6ef2e2ed0l-f1469368184r.jpg) ![221 E Jackson Street - Photo 8](http://lh.rdcpix.com/a68b94f70409d390827327d6ef2e2ed0l-f2325105390r.jpg) ![221 E Jackson Street - Photo 9](http://lh.rdcpix.com/a68b94f70409d390827327d6ef2e2ed0l-f4131490082r.jpg) ![221 E Jackson Street - Photo 10](http://lh.rdcpix.com/a68b94f70409d390827327d6ef2e2ed0l-f508987063r.jpg) ![221 E Jackson Street - Photo 11](http://lh.rdcpix.com/a68b94f70409d390827327d6ef2e2ed0l-f666130150r.jpg) --- **MLS#:** 109435 | **Updated:** 2026-09-28 **Source:** listhub *Copyright © 2026 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/221-e-jackson-street-sullivan-in-47882-n109435) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/221-e-jackson-street-sullivan-in-47882-n109435#listing", "url": "https://www.propertysimple.ai/listing/221-e-jackson-street-sullivan-in-47882-n109435", "name": "221 E Jackson Street, Sullivan, IN 47882", "description": "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. 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