8-Unit Brick Apartment
For Sale
$339,000
1120 E 30th Street, Anderson, IN 46016
R3-zoned, two-story property has individually metered gas and electricity and a mix of occupied and vacant apartments.
Property Size7,344 SF
Lot Size0.29 Acres
Price / SF$46.16
Days on Market142
Property Features for 1120 E 30th Street
General Information
Standard status
Active
Size
7,344 SF
Lot size
0.29 Acres
Property subtype
Commercial
Zoning
R3
Occupancy
63%
Property Condition
Severity
Repairs Needed
Evidence
require varying levels of renovation
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
8 x 1BR/1BA
Multifamily Units
8
Additional Details
Gross Income
$45,000
Building Details
Building Size
7,344 SF
Year Built
1928
Buildings
1
Stories
2
Units
8
Construction
all-brick
Listing Agency:
Keller Williams Indpls Metro N
(317) 846-6300
Listed By:
Peter Stewart · License #RB15000083
(317) 450-9202
Source:
Battsrealestategroup
Added: Jun 5
Changed: Oct 22
Last Checked: Oct 23 at 11:47PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1928, this two-story, all-brick apartment property contains 7,344 square feet across eight one-bedroom, one-bath units. Each apartment measures 600 square feet and includes a living room, dining room, galley kitchen, and full bath. Five units are occupied; the other three need renovations of varying scope. Gas and electricity are separately metered. The building also has a basement, interior hallways, and covered common entrances at the front and rear. The property is offered as-is.
The 0.29-acre parcel has frontage on two streets and is zoned R3. Downtown Anderson, Anderson University, and Harrah's Casino & Racetrack are about five minutes away; Mounds State Park and major freeways are about 10 minutes away.
The 0.29-acre parcel has frontage on two streets and is zoned R3. Downtown Anderson, Anderson University, and Harrah's Casino & Racetrack are about five minutes away; Mounds State Park and major freeways are about 10 minutes away.
Key Highlights
- Eight apartments, each with 1 bedroom, 1 bath, and 600 square feet
- 7,344‑square‑foot, two‑story brick building constructed in 1928
- Five units occupied and three vacant; vacant units require renovation
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
8
Residential units
62.5%
Occupancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
244
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - R3-zoned, two-story property has individually metered gas and electricity and a mix of occupied and vacant apartments.
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: Eight apartments, each with 1 bedroom, 1 bath, and 600 square feet; 7,344‑square‑foot, two‑story brick building constructed in 1928; Five units occupied and three vacant; vacant units require renovation
