Five-Unit Apartment
For Sale
$375,000
Pending
714 W Cross Street, Anderson, IN 46011
Residential Income, Anderson, IN
Property SizeContact for details
Lot Size0.41 Acres
Days on Market98
Property Features for 714 W Cross Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Subdivision
No Subdivision
Elementary school district
Anderson Community School Corp
Middle school district
Anderson Community School Corp
High school district
Anderson Community School Corp
Directions
GPS Friendly
Standard status
Pending
APN
480836300005000018
Lot size
0.41 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Pt Sw Sw 0.4100Acres Str: 36207 Section: Plat: 00 In: Out:
Legal Description
Pt Sw Sw 0.4100Acres Str: 36207 Section: Plat: 00 In: Out:
Building Details
Year built
1966
Floors in Building
1
Number of units
5
Listing Agency:
RE/MAX Complete · RE/MAX International
(317) 282-0643
Listed By:
Lucero Vargas · License #RB14044838
(317) 282-0643
Added: May 24
Changed: Aug 19
Last Checked: Aug 29 at 12:06PM
MLS# 22098971
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 five-unit apartment building includes a fourplex with four spacious two-bedroom, one-bath units, plus a separate rear unit featuring three bedrooms and two full baths. The property is fully occupied and structured to provide multiple rental streams on one address.
Set on a 0.41-acre lot and built in 1966, the layout supports a mix of unit sizes designed to appeal to a broad range of renters. The separate rear unit can support premium rent potential or owner-occupancy use, depending on how the building is managed.
The property is located in a convenient area of Anderson with easy access to shopping, dining, and major routes, supporting steady tenant demand and continued occupancy.
Set on a 0.41-acre lot and built in 1966, the layout supports a mix of unit sizes designed to appeal to a broad range of renters. The separate rear unit can support premium rent potential or owner-occupancy use, depending on how the building is managed.
The property is located in a convenient area of Anderson with easy access to shopping, dining, and major routes, supporting steady tenant demand and continued occupancy.
Key Highlights
- Fourplex configuration with four 2‑bedroom, 1‑bath units
- Separate rear unit with 3 bedrooms and 2 full baths
- Five total rental streams on one property
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
487
Businesses Nearby
Explore this area
Business Placement
Demographics for 46011, IN
17,078
Population
7,304
Households
2.3
Avg Household Size
45
Median Age
26%
College-Educated
93%
High-School Grad
73.9 sq mi
ZIP Area
231
Density / Sq Mi
$77,618
Median Household Income
$42,975
Median Earnings
$1,011
Median Rent
$168,300
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 - Well-maintained five-unit rental property with a fourplex plus a separate rear 3-bedroom unit, fully occupied.
Where is this apartment building located?
The property is located at 714 W Cross Street Anderson, IN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Fourplex configuration with four 2‑bedroom, 1‑bath units; Separate rear unit with 3 bedrooms and 2 full baths; Five total rental streams on one property
