Search
Updated Duplex with Basement
For Sale
$190,000

1202 E 8th, Anderson, IN 46012

Residential Income, Anderson, IN

Property SizeContact for details
Lot Size0.13 Acres
Days on Market50

Property Features for 1202 E 8th

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Subdivision Chestnut Park
Middle school Highland Middle 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 481207304043000003
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Chestnut Park 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
Legal Description Chestnut Park 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

shared washer/dryer

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Building materials Vinyl Siding
Roof type Asphalt, Shingle
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Emily Huskey · License #RB17000722
Added: Jul 11 Changed: Aug 28 Last Checked: Aug 29 at 12:06PM
MLS# 22111608

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 Anderson duplex contains two residential units supported by a basement with shared laundry facilities. Improvements completed in 2016 include vinyl siding, dimensional asphalt shingles, vinyl windows, updated LVP flooring, and refreshed plumbing and electrical systems. Each unit has its own high-efficiency furnace and central air-conditioning equipment, while two water heaters serve the property.

The building was constructed in 1920 and occupies approximately 0.13 acres. Electric service is separately metered by unit; gas and water/sewer are shared. Existing lease terms extend through February 28, 2027, for the 1202 unit and October 31, 2026, for the 1204 unit.

Key Highlights

  • Two‑unit duplex on approximately 0.13 acres
  • 2016 updates included vinyl siding, windows, LVP flooring, plumbing, and electrical
  • Two high‑efficiency furnaces and A/C units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Bakery Garden Center Daycare Center (Bike/Boat/Book/etc) Store Skin Care Clinic Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with individual electric metering, shared laundry, and upgraded mechanical systems.
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 $190,000.
What are key features of this property?
This property features: Two‑unit duplex on approximately 0.13 acres; 2016 updates included vinyl siding, windows, LVP flooring, plumbing, and electrical; Two high‑efficiency furnaces and A/C units
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message