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Two-Unit Duplex
New
For Sale
$135,000

2116 Pearl Street, Anderson, IN 46016

Residential Income, Anderson, IN

Property SizeContact for details
Lot Size0.14 Acres
Days on Market7

Property Features for 2116 Pearl Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Basement
Subdivision No Subdivision
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 481113401183000003
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description South Park 0.0000Acres Str: 00000 Section: Plat: 44 In: Out:
Tax Annual Amount 2292
Legal Description South Park 0.0000Acres Str: 00000 Section: Plat: 44 In: Out:

Building Details

Year built 1880
Floors in Building 2
Number of units 2
Listing Agency: RE/MAX Real Estate Solutions · RE/MAX International
Listed By: Katie Blossom · License #RB22002257
Added: Sep 26 Changed: Sep 28 Last Checked: Oct 2 at 3:06AM
MLS# 22126754

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.

At 2116 Pearl Street in Anderson, this duplex contains two residences: a one-bedroom, one-bath unit and a three-bedroom, one-bath unit. The smaller unit is occupied; the larger unit has been updated and is vacant. A basement is also noted among the property’s features.

The property was built in 1880 and sits on a 0.14-acre lot in Madison County, Indiana.

Key Highlights

  • Two dwelling units: one with 1 bedroom and 1 bath, the other with 3 bedrooms and 1 bath
  • The 1‑bedroom unit is occupied; the updated 3‑bedroom unit is vacant
  • 0.14‑acre lot

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Bakery Furniture & Home Goods (Bike/Boat/Book/etc) Store Daycare Center Storage Facility Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

901
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - One residence is occupied, while the renovated second unit is vacant and ready for a new tenant.
Where is this duplex located?
The property is located at 2116 Pearl Street Anderson, IN.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Two dwelling units: one with 1 bedroom and 1 bath, the other with 3 bedrooms and 1 bath; The 1‑bedroom unit is occupied; the updated 3‑bedroom unit is vacant; 0.14‑acre lot
More about this property
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