Six-Unit Duplex
For Sale
$114,900
403-405 W 5th Street, Anderson, IN 46016
INVESTMENT, Two Story, Anderson, IN
Property Size1,968 SF
Lot Size0.15 Acres
Price / SF$58.38
Days on Market181
Property Features for 403-405 W 5th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 5, Basement
Parking
4
Lot features
Level
Elementary school
Anderson
Middle school
Highland
High school
Anderson
Elementary school district
Anderson Community
Middle school district
Anderson Community
High school district
Anderson Community
Directions
GPS Friendly
Subdivision
Madison County
Standard status
Active
APN
48-11-12-301-139.000-003
Size
1,968 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
HAZLETTS 96' N END L 131
Tax Annual Amount
750
Legal Description
HAZLETTS 96' N END L 131
Building Details
Year built
1885
Floors in Building
2
Number of units
2
Architectural style
Other
Listing Agency:
RE/MAX Real Estate Groups · RE/MAX International
(765) 288-0400
Listed By:
Ryan Orr · License #RB14034624
(765) 744-9500
Added: Apr 17
Changed: Oct 13
Last Checked: Oct 14 at 11:06PM
MLS# 202613964
Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. 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 offering includes three duplex properties with six units in total at 403-405 W 5th Street in Anderson, Indiana. The listed property size is 1,968 square feet on approximately 0.15 acres, with improvements dating to 1885.
The property information identifies basement space along with five bedrooms and two bathrooms across the listed rooms. The assets are presented as rental properties with existing occupancy history and maintained units, while current rents are described as below prevailing market levels. The package is situated in Madison County, with a 46016 postal address.
The property information identifies basement space along with five bedrooms and two bathrooms across the listed rooms. The assets are presented as rental properties with existing occupancy history and maintained units, while current rents are described as below prevailing market levels. The package is situated in Madison County, with a 46016 postal address.
Key Highlights
- Three duplex properties totaling 6 units
- 1,968 square feet of listed property size
- Approximately 0.15 acres
Property Analytics
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Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
827
Businesses Nearby
Explore this area
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?
Duplex - Multi-property rental offering with residential units in Anderson, Indiana.
Where is this duplex located?
The property is located at 403-405 W 5th Street Anderson, IN.
What is the asking price?
The asking price for this property is $114,900.
What are key features of this property?
This property features: Three duplex properties totaling 6 units; 1,968 square feet of listed property size; Approximately 0.15 acres
