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Two-Unit Duplex with Garage
For Sale
$125,000
Pending

505 W 29th St, Anderson, IN 46016

Each residence offers two bedrooms, separate utilities, and access to private outdoor space.

Property Size5,850 SF
Days on Market43

Property Features for 505 W 29th St

General Information

Standard status Pending
Size 5,850 SF
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Amenities

fenced yard

Building Details

Year Built 1955
Listing Agency: Highgarden Real Estate
Listed By: Streamlined Realty
Source: Streamlinedrealty
Added: Aug 14 Changed: Sep 24 Last Checked: Sep 24 at 9:55AM

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 Highgarden Real Estate

Investment Insights

Based on property information with market context.

This duplex at 505 W 29th St in Anderson, IN, contains two residences with two bedrooms on each side. Separate utility arrangements serve the units, with occupants responsible for their own utility expenses. One residence includes a fenced yard for private exterior use.

A detached two-car garage provides additional parking and storage. The property combines a two-unit configuration with distinct utility service and supplemental garage space.

Key Highlights

  • Two‑bedroom residence on each side of the duplex
  • Separate utilities for each unit, with tenants responsible for utility expenses
  • One side includes a fenced yard

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Law Firm Nail Salon Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

689
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
View Realmo Analytics

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 - Each residence offers two bedrooms, separate utilities, and access to private outdoor space.
Where is this duplex located?
The property is located at 505 W 29th St Anderson, IN.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Two‑bedroom residence on each side of the duplex; Separate utilities for each unit, with tenants responsible for utility expenses; One side includes a fenced yard
More about this property
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