$350,000
$425,000
17.6%For more information regarding the value of a property, please contact us for a free consultation.
0.43 Acres Lot
SOLD DATE : 09/29/2025
Key Details
Sold Price $350,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22036964
Sold Date 09/29/25
Year Built 1916
Tax Year 2024
Lot Size 0.430 Acres
Acres 0.43
Property Sub-Type Quadruplex
Property Description
This is a fantastic chance to own a well-located, 4-unit multi-family property in Anderson, Indiana. Perfect for investors looking for immediate income and long-term potential. This property features 4 separate units, offering diverse unit mixes including a 4 bedroom and 3 bathroom apartment. All units have been upgraded with new flooring and fixtures throughout both buildings. Gross monthly rent potential of over $3000 and a cap rate of 9%. Property sits within walking distance to Anderson University. Anderson is an emerging market with a growing rental. Additional information can be obtained by reaching out to the broker.
Location
State IN
County Madison
Interior
Fireplace N
Building
Story Two
New Construction false
Schools
Middle Schools Highland Middle School
School District Anderson Community School Corp
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 Listings courtesy of MIBOR as distributed by MLS GRID. All Rights Reserved.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "