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Two-Story Triplex
New
For Sale
$49,900

321 W 22nd Street, Anderson, IN 46016

Residential Income, Anderson, IN

Property SizeContact for details
Lot Size0.19 Acres
Days on Market4

Property Features for 321 W 22nd Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement
Basement Unfinished
Subdivision Cherry'S
Lot features Access, Corner Lot, Sidewalks, Street Lights, Mature Trees, Trees- Small ( Under 20 Ft)
Elementary school Valley Grove Elementary School
Middle school Highland Middle School
High school Anderson High 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 481113304199000003
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Cherrys 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
Legal Description Cherrys 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:

Building Details

Year built 1915
Floors in Building 2
Number of units 3
Building materials Vinyl Siding
Architectural style Other
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Chris Price · License #RB12050267
Added: Sep 1 Last Checked: Sep 4 at 1:06AM
MLS# 22122608

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 two-story triplex at 321 W 22nd Street includes three residential units within a vinyl-sided structure built in 1915. A basement is also part of the property, which sits on approximately 0.19 acres. The building is positioned as a renovation project, offering an investor the opportunity to undertake improvements across the existing multifamily layout.

The property is located in Anderson, near medical facilities, shopping, dining, schools, and other local amenities. Its established residential setting and three-unit configuration provide a defined framework for evaluating a renovation-oriented multifamily acquisition.

Key Highlights

  • Three‑unit residential property in Anderson
  • Two‑story building constructed in 1915
  • Approximately 0.19 acres

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Spa & Massage Center Restaurant 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

868
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?
Triplex - Three residential units occupy a vinyl-sided building near medical facilities, shopping, dining, and schools.
Where is this triplex located?
The property is located at 321 W 22nd Street Anderson, IN.
What is the asking price?
The asking price for this property is $49,900.
What are key features of this property?
This property features: Three‑unit residential property in Anderson; Two‑story building constructed in 1915; Approximately 0.19 acres
More about this property
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