7-Unit Apartment
For Sale
$235,000
1422 Central Avenue, Anderson, IN 46016
Two buildings include five residences under written leases and two vacant units.
Property Size6,129 SF
Price / SF$38.34
Days on Market41
Property Features for 1422 Central Avenue
General Information
Standard status
Active
Size
6,129 SF
Property subtype
Multi Family
Additional Details
Gross Income
$43,980
Multifamily Units
7
Tenant in Place
Yes
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
eXp Realty, LLC
Listed By:
LockStep Realty
(317) 218-9625
Source:
Locksteprealty
Added: Sep 22
Changed: Oct 28
Last Checked: Oct 28 at 3:49PM
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 eXp Realty, LLC
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Investment Insights
Based on property information with market context.
The 6,129-square-foot apartment property comprises seven residential units across two buildings. Five units are occupied under written leases, while two are vacant. The sale is subject to existing leases and tenants’ rights, and rent roll and lease information are available.
Located in downtown Anderson at 1422 Central Avenue, the property is near shopping, employment, and local amenities.
Located in downtown Anderson at 1422 Central Avenue, the property is near shopping, employment, and local amenities.
Key Highlights
- Seven residential units across two buildings
- 6,129 square feet of property
- Five units occupied under written leases
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
7
Residential units
Multi-tenant
Tenancy
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 buildings include five residences under written leases and two vacant 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; 6,129 square feet of property; Five units occupied under written leases
