Renovated Four-Unit Apartment
For Sale
$394,900
1338 Ohio Avenue, Anderson, IN 46016
Residential Income, Anderson, IN
Property SizeContact for details
Lot Size0.12 Acres
Days on Market38
Property Features for 1338 Ohio Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
multi unit
Bedrooms
4
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 4, Bathroom 3, Bathroom 5, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2, Basement, Bedroom 3, Bathroom 4
Basement
Exterior Entry
Subdivision
Jacksons Outlot
Lot features
Access
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
481113500005000003
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Jacksons Ol 0.0000Acres Str: 00000 Section: Plat: 37 In: Out:
Tax Annual Amount
2142
Legal Description
Jacksons Ol 0.0000Acres Str: 00000 Section: Plat: 37 In: Out:
Utilities
Heating system
Zoned
Cooling system
Separate Meters
Building Details
Year built
1900
Floors in Building
2
Number of units
4
Building materials
Vinyl Siding
Roof type
Asphalt
Architectural style
Contemporary
Listing Agency:
Resolute Realty
(317) 214-8552
Listed By:
Austin Main · License #RB20002172
(317) 721-7528
Added: Aug 26
Changed: Sep 19
Last Checked: Oct 2 at 4:06AM
MLS# 22121535
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 four-unit multifamily property contains four studio apartments that have been renovated and updated with new HVAC systems and water heaters. The units are described as move-in ready, and the property is configured and metered for a potential fifth unit. The building has a contemporary architectural style, vinyl siding, an asphalt roof, and a basement. Zoned for multi-unit use, the property sits on 0.12 acres at 1338 Ohio Avenue in Anderson, Indiana. Built in 1900, it includes separate metering and zoned heating among its reported building systems.
Key Highlights
- Four studio apartments in a quadplex configuration
- Renovated interiors with new HVAC systems
- New water heaters installed throughout the property
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,348
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four updated studio apartments with new HVAC systems and water heaters in a multi-unit property.
Where is this quadplex located?
The property is located at 1338 Ohio Avenue Anderson, IN.
What is the asking price?
The asking price for this property is $394,900.
What are key features of this property?
This property features: Four studio apartments in a quadplex configuration; Renovated interiors with new HVAC systems; New water heaters installed throughout the property
