Updated Duplex with Shared
For Sale
$179,000
1202 E 8th, Anderson, IN 46012
Two-unit property with 2016 improvements, separate electric metering, and basement laundry serving both residences.
Property Size5,612 SF
Price / SF$31.90
Days on Market94
Property Features for 1202 E 8th
General Information
Standard status
Active
Size
5,612 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
shared washer/dryer in basement
Building Details
Year Built
1920
Year Renovated
2016
Listing Agency:
Hemrick Property Group Inc
Listed By:
Tony Reffeitt
(317) 520-8980
Source:
Realintegrity
Added: Jul 13
Changed: Oct 13
Last Checked: Oct 12 at 7:48PM
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 Hemrick Property Group Inc
Investment Insights
Based on property information with market context.
Built in 1920, this duplex received substantial improvements completed in 2016, including vinyl siding, a dimensional shingle roof, vinyl windows, LVP flooring, and updated plumbing and electrical systems. Each unit is served by its own high-efficiency furnace, A/C unit, and water heater. The basement includes a shared washer and dryer.
The property has two residences at 1202 E 8th in Anderson, Indiana. Gas and water/sewer are shared between the units, while electric service is individually metered. Current leases run through 2/28/2027 for the 1202 unit and 10/31/2026 for the 1204 unit, providing established tenancy with separate lease expirations.
The property has two residences at 1202 E 8th in Anderson, Indiana. Gas and water/sewer are shared between the units, while electric service is individually metered. Current leases run through 2/28/2027 for the 1202 unit and 10/31/2026 for the 1204 unit, providing established tenancy with separate lease expirations.
Key Highlights
- 2016 improvements include vinyl siding, dimensional shingle roof, vinyl windows, LVP flooring, plumbing, and electrical
- Two high‑efficiency furnaces, two A/C units, and two water heaters
- Electric service is individually metered for each unit
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
452
Businesses Nearby
Explore this area
Business Placement
Demographics for 46012, IN
19,108
Population
9,659
Households
2
Avg Household Size
44
Median Age
22%
College-Educated
91%
High-School Grad
32.0 sq mi
ZIP Area
597
Density / Sq Mi
$58,538
Median Household Income
$36,017
Median Earnings
$982
Median Rent
$149,400
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?
Duplex - Two-unit property with 2016 improvements, separate electric metering, and basement laundry serving both residences.
Where is this duplex located?
The property is located at 1202 E 8th Anderson, IN.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: 2016 improvements include vinyl siding, dimensional shingle roof, vinyl windows, LVP flooring, plumbing, and electrical; Two high‑efficiency furnaces, two A/C units, and two water heaters; Electric service is individually metered for each unit
