7-Unit Apartment
For Sale
$279,000
1615 Main Street, Anderson, IN 46016
Commercial Sale, Anderson, IN
Property SizeContact for details
Lot Size0.11 Acres
Days on Market180
Property Features for 1615 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Apartments General
Rooms
Basement
Basement
Unfinished
Middle school
Highland Middle School
Elementary school district
Anderson Community School Corp
Middle school district
Anderson Community School Corp
High school district
Anderson Community School Corp
Directions
GPS Friendly
Subdivision
4810 - Madison - Anderson NW
Standard status
Active
APN
481113103030000003
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Pt Sw Ne 0.1100Acres Str: 13197 Section: Plat: 26 In: Out:
Legal Description
Pt Sw Ne 0.1100Acres Str: 13197 Section: Plat: 26 In: Out:
Building Details
Year built
1906
Floors in Building
2
Number of units
7
Listing Agency:
Keller Williams Indy Metro Partners · Keller Williams Realty
(317) 882-5900
Listed By:
Stuart Houghton · License #RB17002210
(317) 882-5900
Added: Mar 1
Changed: Aug 27
Last Checked: Aug 28 at 9:06AM
MLS# 22069905
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 7-unit apartment building at 1615 Main Street includes basement space and has undergone renovations throughout the last 2 years. Built in 1906, the property is fully occupied and configured for multifamily residential use.
The 0.11-acre property is located in Anderson, Indiana, within Madison County. Apartments General zoning supports the property’s apartment-building classification and existing residential income use.
The 0.11-acre property is located in Anderson, Indiana, within Madison County. Apartments General zoning supports the property’s apartment-building classification and existing residential income use.
Key Highlights
- 7‑unit apartment building
- Fully occupied residential property
- Renovations completed throughout the last 2 years
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,399
Businesses Nearby
Explore this area
Business Placement
Demographics for 46016, IN
17,686
Population
9,225
Households
1.9
Avg Household Size
36
Median Age
10%
College-Educated
80%
High-School Grad
6.4 sq mi
ZIP Area
2,763
Density / Sq Mi
$35,543
Median Household Income
$28,753
Median Earnings
$864
Median Rent
$66,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied apartment property with recent renovations, basement space, and Apartments General zoning.
Where is this apartment building located?
The property is located at 1615 Main Street Anderson, IN.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 7‑unit apartment building; Fully occupied residential property; Renovations completed throughout the last 2 years
