All-Brick Two-Story 8-Unit
1120 E 30th Street Anderson, IN 46016
For Sale
$339,000
Value-add 8-unit building with all-brick construction, street-to-street lot, and separately metered electricity and gas.
Property Size7,344 SF
Price / SF$46.16
Days on Market82
Property Features for 1120 E 30th Street
General Information
Standard status
Active
Size
7,344 SF
Property subtype
Multi-Family
Building Details
Year Built
1928
Listing Agency:
Keller Williams Indpls Metro N
(317) 846-6300
Listed By:
Peter Stewart · License #RB15000083
Source:
Xome
Added: May 10
Changed: Jul 10
Last Checked: Jul 16 at 6:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Indpls Metro N
Investment Insights
Based on property information with market context.
This all-brick, two-story multifamily building contains eight 1-bedroom, 1-bathroom units with a consistent footprint and approximately 600 square feet per unit. Each unit is laid out with a living room, formal dining room, galley kitchen, and a full bath. The property includes covered front and rear common entrances and interior hallways. Five units are currently occupied, while three vacant units will require renovation to be brought to market-ready condition. The building is sold strictly as-is.
The property sits on a large, street-to-street 0.29-acre lot on a quiet dead-end street, with mature trees on site. Public remarks note proximity to downtown Anderson, Anderson University, and Harrah's Casino & Racetrack, about 5 minutes away, as well as Mounds State Park and major freeways, about 10 minutes away.
For buyers and operators, the 8-unit configuration offers a straightforward income mix with occupied units providing immediate collection while the vacant units present an update-and-lease path. Electricity and gas are separately metered, which supports tenant-level utility billing. Additional physical space is available in the basement for potential amenity improvements, subject to buyer verification and permitting.
The property sits on a large, street-to-street 0.29-acre lot on a quiet dead-end street, with mature trees on site. Public remarks note proximity to downtown Anderson, Anderson University, and Harrah's Casino & Racetrack, about 5 minutes away, as well as Mounds State Park and major freeways, about 10 minutes away.
For buyers and operators, the 8-unit configuration offers a straightforward income mix with occupied units providing immediate collection while the vacant units present an update-and-lease path. Electricity and gas are separately metered, which supports tenant-level utility billing. Additional physical space is available in the basement for potential amenity improvements, subject to buyer verification and permitting.
Key Highlights
- All‑brick, two‑story 8‑unit apartment building built in 1928
- 0.29‑acre street‑to‑street lot on a quiet dead‑end street with mature trees
- Eight 1‑bedroom, 1‑bath units with 600 SF each; each unit includes living room, formal dining room, galley kitchen, and full bath
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Value-add 8-unit building with all-brick construction, street-to-street lot, and separately metered electricity and gas.
Where is this apartment building located?
The property is located at 1120 E 30th Street Anderson, IN.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: All‑brick, two‑story 8‑unit apartment building built in 1928; 0.29‑acre street‑to‑street lot on a quiet dead‑end street with mature trees; Eight 1‑bedroom, 1‑bath units with 600 SF each; each unit includes living room, formal dining room, galley kitchen, and full bath
