7-Unit Apartment
1422 Central Avenue, Anderson, IN 46016
For Sale
$235,000
Commercial Sale, Anderson, IN
Property SizeContact for details
Lot Size0.24 Acres
Days on Market50
Property Features for 1422 Central Avenue
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Exterior features
Middle school
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Building Details
Floors in Building
Number of units
Building materials
Architectural style
Additional Structures
Buildings
Listing Agency:
RE/MAX Real Estate Solutions · RE/MAX International
Listed By:
Candy Bair · License IN RB14050165
(765) 640-1900
Added: Sep 22
Changed: Oct 26
Last Checked: Nov 10 at 5:06PM
MLS# 22127214
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.
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Investment Insights
Based on property information with market context.
Seven residential units are arranged across two buildings on a 0.24-acre parcel at 1422 Central Avenue in Anderson. Five units are occupied under written leases, while two are vacant. The property is zoned Residential and includes a storage shed, with aluminum siding and brick among the exterior materials.
The sale is subject to existing leases and tenants’ rights. Rent roll and lease information are available.
The sale is subject to existing leases and tenants’ rights. Rent roll and lease information are available.
Key Highlights
- Seven residential units across two buildings
- Five units occupied under written leases; two units vacant
- 0.24‑acre parcel at 1422 Central Avenue, Anderson, IN 46016
Property Analytics
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Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
1,404
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Apartment building - Two separate buildings contain a mix of leased and vacant residential units.
Where is this apartment building located?
The property is located at 1422 Central Avenue Anderson, IN.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Seven residential units across two buildings; Five units occupied under written leases; two units vacant; 0.24‑acre parcel at 1422 Central Avenue, Anderson, IN 46016
