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Renovated Duplex
For Sale
$128,900

421 W 7th, Anderson, IN 46016

One upper unit is vacant, while the second is currently producing rental income.

Property SizeContact for details
Days on Market92

Property Features for 421 W 7th

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Multifamily Units 2
Tenant in Place Yes

Building Details

Year Built 1900
Buildings 1
Units 2
Listing Agency: Keller Williams Indy Metro Partners
Listed By: Stuart Houghton · License #RB17002210
Source: Gmartinrealty
Added: Jul 29 Changed: Oct 25 Last Checked: Oct 26 at 4:02AM

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 Keller Williams Indy Metro Partners

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Investment Insights

Based on property information with market context.

Built in 1900, this two-unit property has undergone recent improvements to both its interior and exterior. The upper unit is vacant, and the other unit is generating rental income.

The duplex is located in Anderson’s historic district.

Key Highlights

  • Duplex built in 1900
  • Recent improvements to the interior and exterior
  • One upper unit is vacant; the second unit is generating rental income

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

827
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - One upper unit is vacant, while the second is currently producing rental income.
Where is this duplex located?
The property is located at 421 W 7th Anderson, IN.
What is the asking price?
The asking price for this property is $128,900.
What are key features of this property?
This property features: Duplex built in 1900; Recent improvements to the interior and exterior; One upper unit is vacant; the second unit is generating rental income
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