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Duplex with Detached Garage
For Sale
$119,000

239 W 38th St, Anderson, IN 46013

Separate-entry upper apartment complements the main residence, full basement, and off-street parking.

Property Size1,840 SF
Price / SF$64.67
Days on Market89

Property Features for 239 W 38th St

General Information

Standard status Active
Size 1,840 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Building Details

Year Built 1946
Buildings 1
Listing Agency: F.C. Tucker/Crossroads Real Estate
Listed By: Mike McKown
Source: Spencerchildersgroup
Added: Jul 20 Changed: Oct 4 Last Checked: Oct 15 at 1:29AM

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 F.C. Tucker/Crossroads Real Estate

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Investment Insights

Based on property information with market context.

This duplex at 239 W 38th Street includes a main residence with 2 bedrooms and 1 bath, along with a full basement. The property also has an upper 1-bedroom, 1-bath apartment accessed by its own stairway and entrance. Off-street parking and a detached 2-car garage provide on-site vehicle accommodations.

The property is located in Anderson, Indiana, and combines two residential areas with distinct access within one building. The separate upper apartment adds functional flexibility, while the basement and detached garage provide additional utility beyond the primary living space.

Key Highlights

  • Main residence with 2 bedrooms and 1 bath
  • Upper 1‑bedroom, 1‑bath apartment
  • Separate stairway and entrance for upper apartment

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Spa & Massage Center Kitchen & Bath Showroom 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

188
Businesses Nearby

Demographics for 46013, IN

18,288
Population
9,062
Households
2
Avg Household Size
43
Median Age
17%
College-Educated
92%
High-School Grad
20.9 sq mi
ZIP Area
875
Density / Sq Mi
$49,557
Median Household Income
$35,000
Median Earnings
$891
Median Rent
$120,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate-entry upper apartment complements the main residence, full basement, and off-street parking.
Where is this duplex located?
The property is located at 239 W 38th St Anderson, IN.
What is the asking price?
The asking price for this property is $119,000.
What are key features of this property?
This property features: Main residence with 2 bedrooms and 1 bath; Upper 1‑bedroom, 1‑bath apartment; Separate stairway and entrance for upper apartment
More about this property
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