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Four-Unit Historic Apartment Building

130 W 5th Street, Anderson, IN 46016

For Sale
$215,000

Each residence includes hardwood floors, with shared laundry and designated garage parking and storage for every unit.

Property SizeContact for details
Days on Market56

Property Features for 130 W 5th Street

General Information

Standard status Active
Property subtype Quadruplex
Occupancy 100%

Additional Details

Multifamily Units 4
Tenant in Place Yes

Amenities

coin-operated laundry
garage parking
storage

Building Details

Year Built 1885
Buildings 1
Listing Agency: Boots Realty, LLC
Listed By: Ryan Boots
Source: Locksteprealty
Added: Sep 15 Changed: Nov 9 Last Checked: Nov 8 at 8:34PM

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 Boots Realty, LLC

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Investment Insights

Based on property information with market context.

Built in 1885, this four-unit residential property pairs historic character with distinct living spaces. Hardwood flooring is present in each residence, and the building has been recently painted. Basement amenities include coin-operated laundry, while every unit has designated garage parking and storage. The property is fully occupied.

Key Highlights

  • Four residential units
  • Constructed in 1885
  • Hardwood flooring in every unit

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

747
Businesses Nearby

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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence includes hardwood floors, with shared laundry and designated garage parking and storage for every unit.
Where is this quadplex located?
The property is located at 130 W 5th Street Anderson, IN.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Four residential units; Constructed in 1885; Hardwood flooring in every unit
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