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Three-Unit Triplex with Separate Metering
For Sale
$187,000

604 Hendricks Street, Anderson, IN 46016

Residential Income, Anderson, IN

Property SizeContact for details
Lot Size0.19 Acres
Days on Market53

Property Features for 604 Hendricks Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Subdivision Linden Home
Elementary school district Anderson Community School Corp
Middle school district Anderson Community School Corp
High school district Anderson Community School Corp
Directions GPS Friendly
Standard status Active
APN 481112302008000003
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Linden Home 0.0000Acres Str: 00000 Section: Plat: 17 In: Out:
Legal Description Linden Home 0.0000Acres Str: 00000 Section: Plat: 17 In: Out:

Building Details

Year built 1886
Floors in Building 2
Number of units 3
Building materials Vinyl Siding
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Emily Huskey · License #RB17000722
Added: Jul 10 Changed: Aug 31 Last Checked: Aug 31 at 12:06PM
MLS# 22111615

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Anderson triplex contains three residential units: two 2/1 apartments and one 1/1 apartment. The property has vinyl siding, separately metered electric service, and a tenant-paid water and sewer utility charge. Built in 1886, the building occupies a 0.19-acre parcel at 604 Hendricks Street in Anderson, Indiana. The unit mix provides a combination of larger and smaller layouts within one residential income property.

Key Highlights

  • Three‑unit triplex with two 2/1 units and one 1/1 unit
  • Electric service is metered separately
  • Tenants pay $50 each for water/sewer utility charge

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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Residential income property with two two-bedroom units, one one-bedroom unit, and tenant-paid water and sewer charges.
Where is this triplex located?
The property is located at 604 Hendricks Street Anderson, IN.
What is the asking price?
The asking price for this property is $187,000.
What are key features of this property?
This property features: Three‑unit triplex with two 2/1 units and one 1/1 unit; Electric service is metered separately; Tenants pay $50 each for water/sewer utility charge
More about this property
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