Duplex Portfolio with Six
403-405 W 5th Street Anderson, IN 46016
403-405 W 5th Street, Anderson, IN, 46016
$114,900
For Sale
$114,900
MULTI_FAMILY - Anderson, IN
Property Size1,968 SF
Lot Size0.15 Acres
Price / SF$58.38
Days on Market93
Property Features for 403-405 W 5th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 1, Basement, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 3
- Parking
- 4
- Standard status
- Active
- APN
- 48-11-12-301-139.000-003
- Size
- 1,968 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- HAZLETTS 96' N END L 131
- Tax Annual Amount
- 750
Building Details
- Year built
- 1885
- Floors in Building
- 2
- Number of units
- 2
- Architectural style
- Other
Listing Agency
RE/MAX Real Estate Groups
(765) 288-0400
2200 W McGalliard, Muncie, IN
Listed by
Ryan Orr · License #RB14034624
(765) 744-9500
Added: Apr 17 Checked: Jul 18 at 11:06 am
MLS# 202613964
Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. 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 for-sale portfolio includes three rental duplex properties totaling six units. The offering comprises addresses on W 5th Street, Madison, and Fletcher, and is being marketed as a small, multi-property package. The information provided indicates the units are maintained and positioned for straightforward operation.
The properties are located in Anderson, Indiana within Madison County. The seller will consider sales either individually or as a group, with the specific addresses listed as 403–405 W 5th St, 615–615 1/2 Madison, and 1815–1815 1/2 Fletcher. Lot size is shown as 0.15 acres and total property size is listed as 1,968 square feet for the package.
This configuration can suit buyers seeking a compact, income-oriented residential portfolio with multiple duplex buildings in one transaction or as separate acquisitions. For tenants and property managers, the duplex format typically supports relatively simple unit-by-unit operations while consolidating ownership across the listed addresses. For investors, the option to buy the properties individually or together provides flexibility in how to structure acquisition and management plans.
The properties are located in Anderson, Indiana within Madison County. The seller will consider sales either individually or as a group, with the specific addresses listed as 403–405 W 5th St, 615–615 1/2 Madison, and 1815–1815 1/2 Fletcher. Lot size is shown as 0.15 acres and total property size is listed as 1,968 square feet for the package.
This configuration can suit buyers seeking a compact, income-oriented residential portfolio with multiple duplex buildings in one transaction or as separate acquisitions. For tenants and property managers, the duplex format typically supports relatively simple unit-by-unit operations while consolidating ownership across the listed addresses. For investors, the option to buy the properties individually or together provides flexibility in how to structure acquisition and management plans.
Key Highlights
- Portfolio includes three rental duplex properties (6 units) in Anderson, IN
- Properties were built in 1885
- Addresses included: 403‑405 W 5th St, 615‑615 1/2 Madison, and 1815‑1815 1/2 Fletcher
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Three rental duplex properties totaling six units in Anderson, IN, offered for sale individually or as a group.
Where is this duplex located?
The property is located at 403-405 W 5th Street Anderson, IN.
What is the asking price?
The asking price for this property is $114,900.
What are key features of this property?
This property features: Portfolio includes three rental duplex properties (6 units) in Anderson, IN; Properties were built in 1885; Addresses included: 403‑405 W 5th St, 615‑615 1/2 Madison, and 1815‑1815 1/2 Fletcher
