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    7-Unit Apartment Property
    Updated: Sep 22
    7-Unit Apartment Property

    1422 Central Avenue, Anderson, IN 46016

    $235,000
    0.24 AC lot
    Seven residential units across two buildings
    Five units occupied under written leases; two units vacant
    0.24‑acre parcel at 1422 Central Avenue, Anderson, IN 46016
    Residential zoning
    Storage shed on site
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    Seven-Unit Apartment Building
    Updated: Sep 19
    Seven-Unit Apartment Building

    1615 Main Street, Anderson, IN 46016

    $265,000
    0.11 AC lot
    Seven apartment units, each with 1 bedroom and 1 bathroom
    Renovation work completed throughout the property over the past 2+ years
    1906 construction date
    0.11‑acre parcel on Main Street in Anderson, IN
    Basement included
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    8-Unit Brick Apartment Building
    8-Unit Brick Apartment Building

    1120 E 30th Street, Anderson, IN 46016

    $339,000
    0.09 AC lot

    Separate electric and gas meters serve eight one-bedroom apartments with interior hallways and shared covered entrances.

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    See hot listings in Anderson

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    8-Unit Apartment Building
    8-Unit Apartment Building

    8436 E State Road 32, Anderson, IN 46017

    $869,900
    10,000 sqft

    Residential income property with eight units at an Anderson address.

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    Five-Unit Apartment Property
    Five-Unit Apartment Property

    714 W Cross Street, Anderson, IN 46011

    $375,000
    0.41 AC lot

    The unit mix combines four two-bedroom apartments with a separate three-bedroom residence; all five units are occupied.

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    Apartment Development Opportunity
    Apartment Development Opportunity

    1530 Pearl St, Anderson, IN 46016

    $68,000
    3,966 sqft

    Existing structures support a proposed 7-unit residential development near Downtown Anderson.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    19-Unit Apartment Building
    19-Unit Apartment Building

    600 College Dr, Anderson, IN 46012

    Contact for pricing
    15,388 sqft 0.14 AC lot

    The property combines predominantly two-bedroom apartments with a single one-bedroom residence.

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    24-Unit Apartment Building
    24-Unit Apartment Building

    715 Chestnut St, Anderson, IN 46012

    Contact for pricing
    23,220 sqft

    The residential mix includes both one-bedroom and two-bedroom apartments.

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    Versatile Mixed-Use Property For Sale
    Versatile Mixed-Use Property For Sale

    2500 E 10th St, Anderson, IN 46012

    $499,900

    Mixed-use property with commercial, industrial, and residential spaces.

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    Apartment Building with Unit Conversion
    Apartment Building with Unit Conversion

    1212 Meridian St, Anderson, IN 46016

    Contact for pricing

    Fully leased upper-level apartments complement street-level space being converted for additional units.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 10 Active listings in Anderson, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Remodeled 8-Unit Apartment Building
    Remodeled 8-Unit Apartment Building

    709 S Hutchinson Avenue, Muncie, IN 47303

    $665,000
    5,432 sqft

    Two buildings feature updated interiors, washer/dryer hookups, and paved off-street parking on a nearly half-acre site.

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    6-Unit Victorian Apartment Building
    6-Unit Victorian Apartment Building

    397 S 10th St, Noblesville, IN 46060

    $450,000
    4,265 sqft

    The property combines a three-unit Victorian residence with a separate three-unit carriage house.

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    8-Unit Remodeled Apartment Community
    8-Unit Remodeled Apartment Community

    709 S Hutchinson Avenue, Muncie, IN 47303

    $655,000
    0.45 AC lot

    Two-building multifamily property with updated residences, individual laundry hookups, paved parking, and public utilities.

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    6-Unit Victorian Apartment Building
    6-Unit Victorian Apartment Building

    397 S 10th Street, Noblesville, IN 46060

    $450,000
    0.20 AC lot

    A two-building residential rental property pairs a historic main house with a separate carriage house.

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    Off-Market Properties in Anderson, IN

    Consider similar Off-Market properties in Anderson, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1525 14Th St
    Retirement homes

    1525 14Th St, Anderson, IN 46016

    Estimated value: by Request
    37,000 sqft 1.70 AC lot
    View details

    Anderson, IN Apartment Buildings Market Trends and Statistics

    Explore 11 apartment buildings for sale in Anderson, IN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 52,574 square feet of properties for sale, with an estimated market value of $2,651,800.

    Sale prices for apartment complexes in Anderson, IN start at $68,000, averaging $378,828, and reaching up to $869,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 79K
    Population Growth (5Y) +0.2%
    Median Household Income $56,269
    College Educated 16.1%

    High-Yield Neighborhoods for Investment

    Identify Anderson submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46016 $257.2K
    46011 $375K
    46012 $499.9K
    46017 $874.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.78%
    Property Tax per SF $56.45 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Anderson fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    • 46012
    • 46011
    • 46017
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