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Renovated Duplex with Basement Laundry
For Sale
$179,000

1202 E 8th, Anderson, IN 46012

Residential Income, Anderson, IN

Property SizeContact for details
Lot Size0.13 Acres
Days on Market97

Property Features for 1202 E 8th

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 5, Basement, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 6, Bedroom 2, Bedroom 3
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:
Tax Annual Amount 4176
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 #MBR38816
Added: Jul 11 Changed: Sep 15 Last Checked: Oct 15 at 1:06AM
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 duplex at 1202 E 8th includes two residential units and a basement with shared washer and dryer access. Improvements completed in 2016 included vinyl siding, dimensional asphalt shingles, vinyl windows, LVP flooring, updated plumbing and electrical, two high-efficiency furnaces, two air-conditioning units, and two water heaters. Heating is provided by forced air, with central air conditioning serving the property.

The 0.13-acre property was built in 1920. Gas and water/sewer service are shared between the units, while electric service is separately metered. Current lease terms extend through February 28, 2027, for the 1202 unit and October 31, 2026, for the 1204 unit.

Key Highlights

  • Duplex on a 0.13‑acre lot
  • 2016 improvements included vinyl siding, windows, LVP flooring, plumbing, and electrical
  • Two high‑efficiency furnaces and two A/C units

Property Analytics

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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
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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with updated building systems, central air, and shared basement laundry facilities.
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: Duplex on a 0.13‑acre lot; 2016 improvements included vinyl siding, windows, LVP flooring, plumbing, and electrical; Two high‑efficiency furnaces and two A/C units
More about this property
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