Updated Triplex-Ready
120 W 5th Street Anderson, IN 46016
120 W 5th Street, Anderson, IN, 46016
$165,000
For Sale
$165,000
MULTI_FAMILY - Anderson, IN
Lot Size0.09 Acres
Days on Market376
Property Features for 120 W 5th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Standard status
- Active
- APN
- 481112402081000003
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Hannah & Hazletts 55' W End 0.0000Acres Str: 00000 Section: Plat: 41 In: Out:
Utilities
- Heating system
- Electric (Heating)
Building Details
- Year built
- 1876
- Floors in Building
- 2
- Number of units
- 3
Listing agency
RE/MAX Advanced Realty
(317) 298-0961
Listed by
Michael Nauman · License #RB22002327
(317) 298-0961
Added: Jul 11, 2025 Updated: Jun 16 at 10:10AM Checked: Jul 21 at 12:06PM
MLS# 22049939
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 updated duplex at 120 W 5th Street is set up with three spacious units in place, featuring vintage details and abundant natural light. Each unit includes a kitchen and washer/dryer hookups, along with bedroom(s), supporting a flexible living or rental arrangement. A third unit is already within the home, and the property can be readily converted into a triplex configuration depending on how you want to operate it.
The property is located just steps from downtown Anderson, providing convenient access to local shops, dining, and amenities. Its setting supports use cases where tenants or guests benefit from proximity to everyday destinations.
For investors and owner-occupants, the layout offers practical versatility. You can consider house-hacking by living in one unit while renting the others, or pursue a short-term rental strategy for guests who want to be close to downtown. With kitchens and washer/dryer hookups already in each unit, it is designed to function as separate, independently usable spaces whether you operate as a duplex or convert to a triplex.
The property is located just steps from downtown Anderson, providing convenient access to local shops, dining, and amenities. Its setting supports use cases where tenants or guests benefit from proximity to everyday destinations.
For investors and owner-occupants, the layout offers practical versatility. You can consider house-hacking by living in one unit while renting the others, or pursue a short-term rental strategy for guests who want to be close to downtown. With kitchens and washer/dryer hookups already in each unit, it is designed to function as separate, independently usable spaces whether you operate as a duplex or convert to a triplex.
Key Highlights
- Updated duplex at 118 and 120 W Fifth Street, just steps from downtown Anderson
- Year built 1876 with vintage details and abundant natural light
- Versatile layout with three spacious units, with the option to convert to a triplex
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Updated duplex with three unit options, each featuring a kitchen, washer/dryer hookup, and bedrooms.
Where is this triplex located?
The property is located at 120 W 5th Street Anderson, IN.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Updated duplex at 118 and 120 W Fifth Street, just steps from downtown Anderson; Year built 1876 with vintage details and abundant natural light; Versatile layout with three spacious units, with the option to convert to a triplex
