Milan IN Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
2000
Baths:
MLS#:
203707

ADDITIONAL INFORMATION

Great duplex investment opportunity in Milan! Each unit offers a 3 bed, 1 bath layout with 970 sq ft. Priced for a quick sale, this duplex offers a great potential return on investment. One side is occupied with tenants on an expired lease.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.3 Acres
Year built:
1930
Baths:
MLS#:
203284

ADDITIONAL INFORMATION

Updated 2 family property that was remodeled in 2019. First floor unit has 2 bedroom, 1 bath and laundry in the basement. Upstairs unit has 1 bedroom and 1 bath with a separate driveway. Each unit has a refrigerator and stove. Wood floors, roof was replaced in 2019, new plumbing and hot water heaters in 2023. Occupy one unit and rent the other unit out. A buyer(s) could purchase this home with as little as 3.5% down. Milan Schools. Priced to sell at $155,900

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.13 Acres
Year built:
1900
Baths:
MLS#:
203242

ADDITIONAL INFORMATION

Newly remodeled 2-unit home. Each unit has new kitchen cabinets, windows, flooring, lighting, furnaces and hot water heaters. Brand new metal roof in 2024. The downstairs unit is 2 bedrooms and 1 bath. The upstairs is 1 bedroom and 1 bathroom. This home is capable of being turned back into a single-family home. Each tenant pays their own utilities.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor SE IN BD REALTORS shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2024 Southeastern Indiana Board of Realtors. All rights reserved.



Milan Real Estate

The median home value in Milan, IN is $225,500. This is lower than the county median home value of $243,500. The national median home value is $338,100. The average price of homes sold in Milan, IN is $225,500. Approximately 65.33% of Milan homes are owned, compared to 28.72% rented, while 5.95% are vacant. Milan real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Milan real estate agent to arrange a tour today!

Milan, Indiana 47031 has a population of 1,955. Milan 47031 is less family-centric than the surrounding county with 27.92% of the households containing married families with children. The county average for households married with children is 28.66%.

The median household income in Milan, Indiana 47031 is $56,250. The median household income for the surrounding county is $64,221 compared to the national median of $69,021. The median age of people living in Milan 47031 is 41.2 years.

Milan Weather

The average high temperature in July is 84.3 degrees, with an average low temperature in January of 20.4 degrees. The average rainfall is approximately 45.4 inches per year, with 15.3 inches of snow per year.

Milan Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    18
    30-day change

Milan Schools and Demographics

Education near Milan, IN

Metric City County
High School Graduates 87.8 90.15
College Degree - 2 year 10.48 10.39
College Degree - 4 year 10.78 19.22
Graduate Degree 4.19 6.53
Expenditures per Student 13,093 13,093
Students per Teacher 13.9 13.9

Elementary Schools near Milan, IN

School Grades Students P/T Ratio ZIP
Jac-Cen-Del Elementary School KG - 06 435 16.7 47037
Milan Elementary School KG - 05 484 19.4 47031
Moores Hill Elementary School KG - 06 161 14.6 47032
South Ripley Elementary School KG - 06 628 14.9 47042
Sunman Elementary School PK - 04 367 15.3 47041

Middle Schools near Milan, IN

School Grades Students P/T Ratio ZIP
Milan Middle School 06 - 08 301 13.1 47031
South Ripley Junior High School 07 - 08 195 9.8 47042

High Schools near Milan, IN

School Grades Students P/T Ratio ZIP
JAC-Cen-Del Ms/HS 07 - 12 407 14 47037
Milan High School 09 - 12 404 15.5 47031
South Ripley High School 09 - 12 355 13.7 47042

Ungraded Schools near Milan, IN

School Grades Students P/T Ratio ZIP
* Southeastern Career Center 09 - 12 0 47042
Ripley-Ohio-Dearborn Center PK - 12 0 47041

Demographics near Milan, IN 47031

Metric Zip Code City
Neighborhood Type Small Town
Population 1,955 28,953
Population Density 977 65
Median Age 41.2 40.6
People per Household 2.5 2.6
Median Household Income 56,250 64,221
Average Income per Capita 25,143 31,762