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Two-Unit Duplex with Garage
For Sale
$125,000

505 W 29th St, Anderson, IN 46016

Each residence offers two bedrooms, separate utilities, and access to private outdoor space.

Property SizeContact for details
Days on Market20

Property Features for 505 W 29th St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Amenities

fenced yard
Listing Agency: Epique Inc
Listed By: Kelly Church
Source: Exprealty
Added: Aug 10 Changed: Aug 27 Last Checked: Aug 29 at 12:55PM

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 Epique Inc

Investment Insights

Based on property information with market context.

This duplex at 505 W 29th St in Anderson, IN, contains two residences with two bedrooms on each side. Separate utility arrangements serve the units, with occupants responsible for their own utility expenses. One residence includes a fenced yard for private exterior use.

A detached two-car garage provides additional parking and storage. The property combines a two-unit configuration with distinct utility service and supplemental garage space.

Key Highlights

  • Two‑bedroom residence on each side of the duplex
  • Separate utilities for each unit, with tenants responsible for utility expenses
  • One side includes a fenced yard

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Law Firm Nail Salon Parking Lot & Garage

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

689
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?
Duplex - Each residence offers two bedrooms, separate utilities, and access to private outdoor space.
Where is this duplex located?
The property is located at 505 W 29th St Anderson, IN.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Two‑bedroom residence on each side of the duplex; Separate utilities for each unit, with tenants responsible for utility expenses; One side includes a fenced yard
More about this property
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