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$259,000 Just Listed
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Property Description
Turn-key investment opportunity in the heart of Rising Sun, Indiana! This well-located commercial strip mall features four fully occupied units, offering immediate income and a strong addition to any investment portfolio. Positioned in a convenient and visible location, the property benefits from steady local traffic and a supportive small-town business environment. With all units currently leased, this is a true income-producing property from day one. Whether you're looking to expand your commercial holdings or step into a solid investment, this fully occupied multi-unit property presents a fantastic opportunity.
Full Property Details
Full Property Details for 120 N Walnut St
General
- Price: $259,000
- Status: Active
- Type: Retail
- Source: SE_Indiana
- MLS ID: 206964
- Updated: 3/10/2026
- Added to Site: 1 day(s) ago
Parking
- Other Parking Type: On Street
Location
- County: Ohio
- Township: Randolph
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Gas: Natural
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block, Concrete, Wood Siding
- Roof: Metal
- Stories/Levels: One
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Street/Road Desc.: Paved
Disclosures and Reports
- APN: 58-06-02-001-011.000-004
Listed by Keller Williams Realty Services, Jeff McGownd
Get Pre-Approved Today
Schools
Schools serving 120 N Walnut St
School District:Rising Sun-Ohio County Community Schools
| Name | Grades | Distance |
|---|---|---|
Ohio County Elementary-Middle School 436 South Mulberry Street, Rising Sun, IN 47040 | K-5 | 0.5 mi |
Ohio County Middle School 436 South Mulberry Street, Rising Sun, IN 47040 | 6-8 | 0.5 mi |
Rising Sun High School 120 South Henrietta Street, Rising Sun, IN 47040 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 N Walnut St
Date
Details
Price
Change
Source
3/10/2026
Listed
$259,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 120 N Walnut St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,612
—
$128,400
—
2024
$2,612
3%
$128,900
7%
2023
$2,534
10%
$120,800
-2%
2022
$2,302
69%
$122,900
-6%
2020
$1,361
4%
$130,700
110%
2019
$1,305
-2%
$62,100
4%
2018
$1,336
7%
$59,900
-1%
2017
$1,253
7%
$60,600
6%
2016
$1,168
—
$57,400
-1%
2016
$1,168
—
$57,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 120 N Walnut St
120 N Walnut Street, Rising Sun, IN 47040 (MLS# 206964) is a Retail property. 120 N Walnut Street is currently listed for $259,000 and was received on March 10, 2026. Want to learn more about 120 N Walnut Street? Do you have questions about finding other Retail real estate for sale in Rising Sun? You can browse all Rising Sun real estate or contact a Coldwell Banker agent to request more information.

