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4-Unit Multifamily Building

1432 Ohio Avenue Anderson, IN 46016

1432 Ohio Avenue, Anderson, IN, 46016
$239,900
For Sale
$239,900

MULTI_FAMILY - Anderson, IN

Lot Size0.15 Acres
Days on Market143

Property Features for 1432 Ohio Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Standard status
Active
APN
481218203129000003
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
Jacksons Ol 0.0000Acres Str: 00000 Section: Plat: 47 In: Out:

Building Details

Year built
1885
Floors in Building
2
Number of units
4
Listing agency Keller Williams Indy Metro Partners
Listed by Stuart Houghton · License #RB17002210
Added: Mar 1 Updated: Jun 30 at 6:46PM Checked: Jul 22 at 1:06PM
MLS# 22086605

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property is a four-unit multifamily building offered for sale. Public remarks indicate the building has recently undergone an extensive renovation described as a six-figure project, and is now positioned as a renovated, income-generating asset.

The property is located at 1432 Ohio Avenue in Anderson, Indiana, within Madison County. The offering is presented as a city-center option for tenant housing.

For buyers seeking a renovated residential income property, this four-unit structure provides the opportunity to own multiple rental units under one roof. Public remarks report income of $2,800 monthly, which may be relevant for underwriting and budgeting. With the renovation completed as described in the remarks, the building may appeal to investors and owner-operators looking to acquire a multifamily asset that has been recently updated, rather than one requiring immediate large-scale repairs. Please confirm current lease terms, unit mix, and rent roll details as part of your due diligence.

Key Highlights

  • 1885‑built 4‑unit building at 1432 Ohio Ave in Anderson
  • Recently completed extensive renovation reported as a six‑figure project
  • Generates $2,800 monthly income (per provided remarks)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Bakery (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Daycare Center Garden Center Acupuncture

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four-unit multifamily property in Anderson, Indiana, recently renovated and offered for sale with reported $2,800 monthly income.
Where is this quadplex located?
The property is located at 1432 Ohio Avenue Anderson, IN.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 1885‑built 4‑unit building at 1432 Ohio Ave in Anderson; Recently completed extensive renovation reported as a six‑figure project; Generates $2,800 monthly income (per provided remarks)
Contact an agent
More about this property
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