About This Home

This 2-bedroom, 2-bathroom residential multi family at 422 E Washington St in Sullivan, IN is listed for $159,900. Built in 1930, on a N/A lot.

Key Features

  • Built in 1930

Property Details

2 full
1930

Amenities

A/C
Listing Description

Investment Opportunity with Excellent Income Potential! This versatile multi-unit property is currently configured as 2 units but could easily be converted back to 3 units, offering outstanding flexibility for investors or owner-occupants. The main level features a spacious 3-bedroom, 1-bath unit with an area already plumbed for a second bathroom off the primary bedroom, providing added value and future potential.

The upper level offers 2 bedrooms, 2 bathrooms, 2 kitchens, and a living room. It is currently being used as one unit but can easily be converted back into two separate apartments for additional rental income. Recent updates include new siding, a new roof, and a new water heater, helping minimize maintenance costs for years to come.

Located directly on Sullivan's walking path in the heart of town, this property offers a prime location with convenient access to parks, shopping, dining, and local amenities. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income, this property offers exceptional flexibility and endless possibilities.

Monthly Cost Estimate

$855/mo

20% down · 6.5% · 30 years

Principal$116
Interest$693
Insurance$47

Estimates only. Actual payments may vary.

Location

422 E Washington St

Sullivan, IN 47882

Features & Amenities

Interior Features

Vinyl FloorsCarpetCeiling Fan(s)Countertops Laminate

Exterior Features

Rock Driveway

Property Details

Outdoor Features

Patio

Heating

Forced AirNatural Gas

Cooling

Window Unit(s)Central AirWall/Window Unit(s)

Appliances

RefrigeratorElec. Surface Unit

Questions & Answers

This 2-bedroom, 2-bathroom residential multi family at 422 E Washington St is listed at $159,900. The estimated monthly payment is $856 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930. Interior Features: Vinyl Floors, Carpet, Ceiling Fan(s). Exterior Features: Rock Driveway.

This property is listed by Danielle Mckinney.

DM

Danielle Mckinney

Agent at Prudential Newlin-Johnson Realtors

Listed by Prudential Newlin-Johnson Realtors · Broker phone: (812) 478-1957 · View on Broker Site · Broker website

MLS# 109827· Source: Terre Haute Area Association of Realtors· 117 days on PropertySimple

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.

422 E Washington St, Sullivan, IN 47882

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