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Pendleton, IN Apartment Buildings for Sale

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48-Unit Apartment Community
Updated: Mar 25
48-Unit Apartment Community

8005 Cardinal Cir, Pendleton, IN 46064

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48‑unit apartment community constructed in 2018
1,240‑square‑foot two‑bedroom floor plans
Private patios and one‑car attached garages
98% current occupancy
Situated on nearly five acres
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See what stands out in Madison County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Pendleton, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

8-Unit Apartment Building
8-Unit Apartment Building

8436 E State Road 32, Anderson, IN 46017

$999,990
10,000 sqft

Residential income property with eight units at an Anderson address.

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5-Unit Apartment Building
5-Unit Apartment Building

2432 Main St, Anderson, IN 46016

$335,000
3,984 sqft

Fully occupied property with updated plumbing, wiring, windows, and newer mechanical systems.

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5-Unit Apartment Building
5-Unit Apartment Building

525 E Main St, Greenfield, IN 46140

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Multifamily property with an upstairs efficiency apartment and access to nearby parks, recreation, and community amenities.

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Accolade Apartments: Greenfield Multifamily Community
Accolade Apartments: Greenfield Multifamily Community

Opportunity Pkwy, Greenfield, IN 46140

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240-unit apartment community with modern features and abundant amenities.

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Pendleton, IN Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Pendleton, IN on our real estate platform.

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Demographics Overview

Population 18K
Population Growth (5Y) +1.4%
Median Household Income $92,012
College Educated 41.9%

Taxes & Financing

Tax Rate (average for all types) 2.43%
Property Tax per SF $51.51 per SF
Tax Rate vs County Average 0.31 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

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