Duplex with Private
New
For Sale
$199,500
4347 W State Road 32, Anderson, IN 46011
Two occupied residences share a circular driveway and sit beside open farmland.
Property SizeContact for details
Lot Size0.31 Acres
Days on Market7
Property Features for 4347 W State Road 32
General Information
Standard status
Active
Lot size
0.31 Acres
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Road Access
Yes
Amenities
private carport
covered front walk
Building Details
Year Built
1972
Buildings
1
Construction
brick
Tenancy
Multi
Abandoned
No
Listing Agency:
eXp Realty, LLC
(317) 800-1747
Listed By:
Kevin Majeski
(317) 537-7115
Source:
Exprealty
Added: Oct 29
Changed: Nov 1
Last Checked: Nov 3 at 7:19AM
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 eXp Realty, LLC
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Investment Insights
Based on property information with market context.
This all-brick duplex, built in 1972, contains two matching units, each with two bedrooms, one full bath, a living room, kitchen, and utility room. Each unit has a separate furnace and water heater, along with its own carport and a covered front walkway. Both kitchens include a range and refrigerator. Recent work includes a replacement roof and a new A/C unit in 4347; that unit’s kitchen also has vinyl plank flooring. The property has central heating and air and occupies 0.31 acres along State Road 32, with open farmland behind it.
Both residences are tenant-occupied, and a local property management company handles the leases. The property is within the Frankton-Lapel school district.
Both residences are tenant-occupied, and a local property management company handles the leases. The property is within the Frankton-Lapel school district.
Key Highlights
- Two units, each with two bedrooms and one full bath
- 0.31‑acre lot along State Road 32, backing to open farmland
- Separate furnace and water heater in each unit
Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
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Business Placement
Demographics for 46011, IN
17,078
Population
7,304
Households
2.3
Avg Household Size
45
Median Age
26%
College-Educated
93%
High-School Grad
73.9 sq mi
ZIP Area
231
Density / Sq Mi
$77,618
Median Household Income
$42,975
Median Earnings
$1,011
Median Rent
$168,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied residences share a circular driveway and sit beside open farmland.
Where is this duplex located?
The property is located at 4347 W State Road 32 Anderson, IN.
What is the asking price?
The asking price for this property is $199,500.
What are key features of this property?
This property features: Two units, each with two bedrooms and one full bath; 0.31‑acre lot along State Road 32, backing to open farmland; Separate furnace and water heater in each unit
