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    Duplex Portfolio with Six Units Title is generated by Realmo AI

    403-405 W 5th Street, Anderson, IN 46016

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    Claim this Listing
    For Sale
    $114,900

    MULTI_FAMILY - Anderson, IN

    Property size:
    1,968 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $58/SF
    Added:
    Apr 17, 2026
    Days on Market:
    82
    Last Refresh:
    Jul 7 at 4:06 am

    Property Features for 403-405 W 5th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Bedroom 5, Basement, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 3
    Parking
    4
    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

    Building Details

    Year built
    1885
    Floors in Building
    2
    Number of units
    2
    Architectural style
    Other

    We can help!

    Contact an agent
    Ryan Orr
    Ryan Orr

    Listing agent Ryan Orr License #RB14034624

    Listing office RE/MAX Real Estate Groups 2200 W McGalliard, Muncie, IN

    Listing date Apr 17, 2026

    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.

    HighLights

    • Portfolio of three rental duplex properties totaling 6 units
    • Year built: 1885
    • Sell individually or as a group
    • Addresses included: 403‑405 W 5th St, 615‑615 1/2 Madison, and 1815‑1815 1/2 Fletcher

    Overview

    This for-sale portfolio includes three rental duplex properties totaling six units. The offering comprises addresses on W 5th Street, Madison, and Fletcher, and is being marketed as a small, multi-property package. The information provided indicates the units are maintained and positioned for straightforward operation.

    The properties are located in Anderson, Indiana within Madison County. The seller will consider sales either individually or as a group, with the specific addresses listed as 403–405 W 5th St, 615–615 1/2 Madison, and 1815–1815 1/2 Fletcher. Lot size is shown as 0.15 acres and total property size is listed as 1,968 square feet for the package.

    This configuration can suit buyers seeking a compact, income-oriented residential portfolio with multiple duplex buildings in one transaction or as separate acquisitions. For tenants and property managers, the duplex format typically supports relatively simple unit-by-unit operations while consolidating ownership across the listed addresses. For investors, the option to buy the properties individually or together provides flexibility in how to structure acquisition and management plans.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Daycare Center Skin Care Clinic Bakery Garden Center (Bike/Boat/Book/etc) Store Shopping Center & Mall Car Rental Facility Bed & Breakfast Arcade & Gaming Center Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.68502
    Latitude
    40.110636

    FAQs

    What type of property is this?
    Duplex - Three rental duplex properties totaling six units in Anderson, IN, offered for sale individually or as a group.
    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: Portfolio of three rental duplex properties totaling 6 units; Year built: 1885; Sell individually or as a group
    More about this property
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