Seven-Unit Apartment
New
For Sale
$275,000
1615 Main Street, Anderson, IN 46016
Residential Income, Anderson, IN
Property SizeContact for details
Lot Size0.11 Acres
Days on Market2
Property Features for 1615 Main Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
7
Bathrooms
7
Full bathrooms
7
Rooms
Bathroom 3, Bedroom 2, Bathroom 7, Bedroom 6, Bedroom 5, Bedroom 7, Bathroom 2, Bathroom 1, Basement, Bathroom 5, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 6, Bathroom 4
Basement
Exterior Entry
Subdivision
No Subdivision
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
481113103030000003
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Pt Sw Ne 0.1100Acres Str: 13197 Section: Plat: 26 In: Out:
Tax Annual Amount
2892
Legal Description
Pt Sw Ne 0.1100Acres Str: 13197 Section: Plat: 26 In: Out:
Building Details
Year built
1906
Floors in Building
2
Number of units
7
Listing Agency:
Keller Williams Indy Metro Partners · Keller Williams Realty
(317) 882-5900
Listed By:
Stuart Houghton · License #RB17002210
(815) 557-3253
Added: Sep 19
Last Checked: Sep 20 at 4:06AM
MLS# 22127133
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 multifamily property contains seven apartment units, each arranged with one bedroom and one bathroom. Renovation work has been completed throughout the property over the past two-plus years, and the building dates to 1906. The 0.11-acre parcel includes a basement and is located on Main Street in Anderson, Indiana.
Unit-specific room data identifies seven bedrooms and seven bathrooms across the building, supporting a uniform residential layout. The property is classified as an apartment building and is positioned for continued use as a small-scale multifamily asset.
Unit-specific room data identifies seven bedrooms and seven bathrooms across the building, supporting a uniform residential layout. The property is classified as an apartment building and is positioned for continued use as a small-scale multifamily asset.
Key Highlights
- Seven apartment units, each with 1 bedroom and 1 bathroom
- Renovation work completed throughout the property over the past 2+ years
- 1906 construction date
Property Analytics
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Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
1,399
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven residential units offer a consistent one-bedroom, one-bathroom configuration in a renovated multifamily property.
Where is this apartment building located?
The property is located at 1615 Main Street Anderson, IN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Seven apartment units, each with 1 bedroom and 1 bathroom; Renovation work completed throughout the property over the past 2+ years; 1906 construction date
