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    Four-Unit Residential Income Property Title is generated by Realmo AI

    3004 Columbus Avenue, Anderson, IN 46016

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    Claim this Listing
    For Sale
    $199,900

    MULTI_FAMILY - Other - Anderson, IN

    Lot size:
    0.14 Acres
    Added:
    Jan 26, 2026
    Days on Market:
    152
    Last Refresh:
    Jun 27 at 3:06 am

    Property Features for 3004 Columbus Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Commercial other housing
    Rooms
    Basement
    Standard status
    Active
    APN
    481219204080000003
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    PENCES GROVE EXC 36'X16' NE CO L 010

    Utilities

    Heating system
    Electric (Heating), Baseboard

    Building Details

    Year built
    1924
    Floors in Building
    2
    Number of units
    4
    Architectural style
    Other

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    Contact an agent
    Candy Bair
    Candy Bair

    Listing agent Candy Bair License #RB14050165

    Listing office RE/MAX Real Estate Solutions E. 53rd St 1312, IN

    Listing date Jan 26, 2026

    MLS# 22081325 Listing URL

    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.

    HighLights

    • Four‑unit property with studio and 1‑bedroom units (one‑bedroom on each level)
    • All units are tenant‑occupied for immediate cash flow
    • Four separate electric meters; electric heat with baseboard heating
    • Roof is about 3 years old
    • New electric water heater, updated plumbing, new water lines, and new sewer line to the road
    • Year built: 1924

    Overview

    This four-unit residential income property offers studio and one-bedroom layouts on each level, totaling four units. The building is configured with four separate electric meters, and each unit is heated with electric heat. Recent improvements include a roof installed approximately three years ago, a new electric water heater, updated plumbing, and new water lines along with a new sewer line to the road.

    Located at 3004 Columbus Avenue in Anderson, Indiana 46016 within Madison County, the property sits on a compact 0.14-acre lot. The asset is listed under zoning described as “Commercial other housing.”

    For investors or owner-operators seeking a straightforward, low-maintenance multifamily structure, the tenant-occupied setup and independently metered electricity can support easier ongoing management. The combination of electric heating, a newer roof, and documented plumbing and line updates may reduce near-term operational concerns related to those building systems. This is a practical choice for buyers looking for a four-unit portfolio addition with clear unit configuration and identifiable recent capital items.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.666746
    Latitude
    40.085896

    FAQs

    What type of property is this?
    Quadplex - Four tenant-occupied units with separate electric meters, electric heat, and multiple recent exterior and utility updates.
    Where is this quadplex located?
    The property is located at 3004 Columbus Avenue Anderson, IN.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: Four‑unit property with studio and 1‑bedroom units (one‑bedroom on each level); All units are tenant‑occupied for immediate cash flow; Four separate electric meters; electric heat with baseboard heating
    More about this property
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