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Four-Unit Quadplex with Basement
For Sale
$229,555

1432 Ohio Avenue, Anderson, IN 46016

MULTI_FAMILY - Anderson, IN

Property SizeContact for details
Lot Size0.15 Acres
Days on Market163

Property Features for 1432 Ohio Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Rooms Basement
Subdivision Jacksons
Middle school Highland Middle School
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 481218203129000003
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Jacksons Ol 0.0000Acres Str: 00000 Section: Plat: 47 In: Out:
Legal Description Jacksons Ol 0.0000Acres Str: 00000 Section: Plat: 47 In: Out:

Building Details

Year built 1885
Floors in Building 2
Number of units 4
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Stuart Houghton · License #RB17002210
Added: Mar 1 Changed: Aug 2 Last Checked: Aug 11 at 7:06PM
MLS# 22086605

Copyright © 2026 MIBOR Service Corporation. 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.

1432 Ohio Avenue in Anderson, Indiana 46016 offers a four-unit quadplex configuration with a basement. The property sits on a 0.15-acre lot and was built in 1885. The building has undergone an extensive recent renovation, positioning it for continued rental use.

For residential income buyers, this asset provides a straightforward four-unit setup within the City of Anderson. The property’s layout includes a basement, adding functional space as part of the overall unit building footprint.

With its quadplex structure and recent renovation work, this property may appeal to buyers looking to add a small, manageable multi-unit rental to an existing portfolio or to start building multi-family holdings in Anderson.

Key Highlights

  • Four‑unit quadplex configuration
  • 0.15‑acre lot
  • Extensive recent renovation

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Electrical Service Furniture & Home Goods Daycare Center Garden 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.

Location Intelligence

Trade Area within ½ mile

1,122
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit quadplex on a 0.15-acre lot with a basement and extensive recent renovation.
Where is this quadplex located?
The property is located at 1432 Ohio Avenue Anderson, IN.
What is the asking price?
The asking price for this property is $229,555.
What are key features of this property?
This property features: Four‑unit quadplex configuration; 0.15‑acre lot; Extensive recent renovation
More about this property
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