8-Unit Apartment
For Sale
$874,900
8436 E State Road 32, Anderson, IN 46017
Residential Income, Anderson, IN
Property SizeContact for details
Lot Size2.82 Acres
Days on Market32
Property Features for 8436 E State Road 32
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
20
Bathrooms
11
Full bathrooms
11
Rooms
Bedroom 18, Bedroom 19, Bathroom 6, Bathroom 11, Bedroom 4, Bedroom 14, Bedroom 6, Bathroom 5, Bedroom 17, Bathroom 9, Bathroom 7, Bathroom 8, Bedroom 16, Bedroom 11, Bedroom 3, Bathroom 3, Bedroom 8, Bathroom 10, Bathroom 1, Bathroom 4, Bedroom 13, Bedroom 1, Bedroom 2, Bedroom 20, Bathroom 2, Bedroom 15, Bedroom 7, Bedroom 9, Bedroom 10, Bedroom 12, Bedroom 5
Subdivision
No Subdivision
Elementary school
Tenth Street Elementary School
Middle school
Highland Middle School
High school
Anderson High 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
Standard status
Active
APN
481211100026000033
Lot size
2.82 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Se & Ne 2.8200Acres Str: 11198 Section: Plat: 00 In: Out:
Tax Annual Amount
11038
Legal Description
Se & Ne 2.8200Acres Str: 11198 Section: Plat: 00 In: Out:
Building Details
Year built
1975
Number of units
8
Listing Agency:
Starr Real Estate LLC
(765) 288-1711
Listed By:
Heather Clemmons · License #RB14039183
(765) 748-5066
Added: Aug 12
Changed: Sep 12
Last Checked: Sep 12 at 11:06PM
MLS# 22119884
Copyright © 2026 Broker Listing Cooperative®. 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 apartment building contains 8 units on a 2.82-acre parcel. Built in 1975, the property is located at 8436 E State Road 32 in Anderson, Indiana, within Madison County.
The site is identified for an apartment building use and provides a residential income property configuration with multiple units on one parcel. The property’s address places it along E State Road 32 in the 46017 postal area.
The site is identified for an apartment building use and provides a residential income property configuration with multiple units on one parcel. The property’s address places it along E State Road 32 in the 46017 postal area.
Key Highlights
- 8 residential units
- 2.82‑acre parcel
- Built in 1975
Property Analytics
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Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Explore this area
Business Placement
Demographics for 46017, IN
5,930
Population
2,386
Households
2.5
Avg Household Size
44
Median Age
19%
College-Educated
94%
High-School Grad
17.7 sq mi
ZIP Area
335
Density / Sq Mi
$72,468
Median Household Income
$40,140
Median Earnings
$972
Median Rent
$138,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Constructed in 1975, the property contains multiple residential units in Anderson.
Where is this multifamily property located?
The property is located at 8436 E State Road 32 Anderson, IN.
What is the asking price?
The asking price for this property is $874,900.
What are key features of this property?
This property features: 8 residential units; 2.82‑acre parcel; Built in 1975
