5-Unit Apartment
New
For Sale
$340,000
2432 Main Street, Anderson, IN 46016
Commercial Sale, Anderson, IN
Property SizeContact for details
Lot Size0.07 Acres
Days on Market5
Property Features for 2432 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
residential
Parking features
On Street
Security features
Security Lighting
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
481113404073000003
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
B H Gedges 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
Legal Description
B H Gedges 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
Utilities
Heating system
Forced Air
Cooling system
Window Unit(s)
Amenities
coin operated laundry
Building Details
Year built
1949
Floors in Building
2
Number of units
5
Roof type
Shingle
Architectural style
Other
Listing Agency:
Keller Williams Indy Metro Partners · Keller Williams Realty
(317) 271-5959
Listed By:
Emily Huskey · License #RB17000722
(317) 271-5959
Added: Aug 18
Changed: Aug 20
Last Checked: Aug 22 at 9:06PM
MLS# 22121052
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 5-unit apartment property includes four two-bedroom, one-bath residences and one studio. All units are occupied, and the building has received several system updates, including a new electrical panel, updated wiring, PEX plumbing, and vinyl windows. Furnaces and water heaters are newer, while the shingle roof is approximately 10 years old. Heating is provided by forced air, with window-unit cooling. There is no central air conditioning.
The attached garage includes storage space with existing water lines and plumbing for a bathroom. Conversion or expanded rental and storage use would remain subject to zoning, permits, and approvals. A coin-operated laundry serves residents. The property sits on 0.07 acres and offers street parking. Kroger is within walking distance, with public transportation, shopping, and everyday amenities nearby. Built in 1949, the property is zoned residential.
The attached garage includes storage space with existing water lines and plumbing for a bathroom. Conversion or expanded rental and storage use would remain subject to zoning, permits, and approvals. A coin-operated laundry serves residents. The property sits on 0.07 acres and offers street parking. Kroger is within walking distance, with public transportation, shopping, and everyday amenities nearby. Built in 1949, the property is zoned residential.
Key Highlights
- 5 units: four 2‑bedroom, 1‑bath apartments plus one studio
- All five units are currently occupied
- 0.07‑acre property with residential zoning
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
862
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Residentially zoned property with updated building systems, tenant occupancy, and an attached garage with storage space.
Where is this apartment building located?
The property is located at 2432 Main Street Anderson, IN.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 5 units: four 2‑bedroom, 1‑bath apartments plus one studio; All five units are currently occupied; 0.07‑acre property with residential zoning
