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714 College Dr Anderson, IN 46012

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For Sale
$1,790,000

Portfolio of 10 condominiums near Anderson University.

Type:Multifamily / Condos
Property size:
17,274 SF
Added:
Nov 21, 2025
Days on Market:
142
Last Refresh:
Apr 6 at 12:22 am

Property Features for 714 College Dr

General Information

Standard status
Active
Size
17,274 SF
Property subtype
Multifamily / Condos

Building Details

Year Built
1988

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Listing Contact
Joshua Hoeft

Listing agent Joshua Hoeft License #IN #RB23002184

Listing office Coldwell Banker Kaiser

Listing date Nov 21, 2025

Source Svn

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 Kaiser


Overview

Anderson Multifamily Investment Opportunity

This portfolio of 10 condominiums is located steps from Anderson University in Anderson, Indiana. The units are fully occupied, with tenant demand exceeding available units. The property generates a Net Operating Income of $127,000 annually. The property has been professionally maintained. The location ensures continued tenant interest from students, faculty, and local professionals. The property size is 17,274 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Anderson
County
Madison
State
Indiana
Longitude
-85.6669
Latitude
40.1087

FAQs

What type of property is this?
Apartment building - Portfolio of 10 condominiums near Anderson University.
Where is this apartment building located?
The property is located at 714 College Dr Anderson, IN.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: Prime location steps from Anderson University, ensuring high tenant demand.; Strong income potential with a Net Operating Income (NOI) of $127,000 annually.; Fully occupied with a waitlist of prospective renters, indicating high desirability.
More about this property
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