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Triplex with Two-Bedroom Units
For Sale
$200,000

604 Hendricks St, Anderson, IN 46016

Multifamily property with separate electric metering and a mix of one- and two-bedroom residences.

Property Size8,208 SF
Price / SF$24.37
Days on Market51

Property Features for 604 Hendricks St

General Information

Standard status Active
Size 8,208 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Building Details

Year Built 1886
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Streamlined Realty
Source: Streamlinedrealty
Added: Jul 12 Changed: Aug 30 Last Checked: Aug 30 at 4:19PM

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 Coldwell Banker Real Estate Group

Investment Insights

Based on property information with market context.

This triplex contains 8,208 square feet and was built in 1886. The configuration includes two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, providing three separate residences within the property.

Electric service is metered separately for each unit. Tenants are also charged separately for water and sewer utility costs. The property is located at 604 Hendricks St in Anderson, Indiana, offering an established multifamily format for an owner-occupant or portfolio buyer.

Key Highlights

  • Triplex with 8,208 square feet
  • Two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
  • Electric utilities metered separately

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Daycare Center Cafe & Coffee Shop Storage Facility Skin Care Clinic

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

678
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
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Frequently Asked Questions

What type of property is this?
Triplex - Multifamily property with separate electric metering and a mix of one- and two-bedroom residences.
Where is this triplex located?
The property is located at 604 Hendricks St Anderson, IN.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Triplex with 8,208 square feet; Two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; Electric utilities metered separately
More about this property
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