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Updated Duplex with Separate Utilities
For Sale
$139,000

131 W 13th St, Anderson, IN 46016

Two separately metered units support tenant-paid utilities and streamlined expense management.

Property SizeContact for details
Days on Market8

Property Features for 131 W 13th St

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 2

Building Details

Year Built 1900
Buildings 1
Listing Agency: Inspired Realty
Listed By: Alyssa Burton
Source: Megandusing
Added: Aug 25 Changed: Aug 30 Last Checked: Aug 31 at 7:08PM

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 Inspired Realty

Investment Insights

Based on property information with market context.

Built in 1900, this duplex includes two separately metered units, with tenants responsible for utility costs. The property has received several material improvements, including replacement siding and select window replacements, along with updated flooring and carpet completed in 2022.

New appliances, a furnace, and a water heater were installed in 2024. The property is located near downtown Anderson with convenient access to I-69, combining an established residential setting with connectivity to the surrounding area.

Key Highlights

  • Two‑unit duplex with separate utility meters
  • Replacement siding installed in 2022
  • Updated flooring and carpet completed in 2022

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nail Salon Daycare Center Electrical Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Gym & Fitness Center

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
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,354
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two separately metered units support tenant-paid utilities and streamlined expense management.
Where is this duplex located?
The property is located at 131 W 13th St Anderson, IN.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Two‑unit duplex with separate utility meters; Replacement siding installed in 2022; Updated flooring and carpet completed in 2022
More about this property
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