Fourplex with Rear 3BR
714 W Cross Street Anderson, IN 46011
For Sale
$375,000
Pending
MULTI_FAMILY - Anderson, IN
Lot Size0.41 Acres
Days on Market67
Property Features for 714 W Cross Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Standard status
Pending
APN
480836300005000018
Lot size
0.41 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Pt Sw Sw 0.4100Acres Str: 36207 Section: Plat: 00 In: Out:
Building Details
Year built
1966
Floors in Building
1
Number of units
5
Listing Agency:
RE/MAX Complete
(317) 282-0643
Listed By:
Lucero Vargas · License #RB14044838
(317) 282-0643
Added: May 24
Changed: Jun 16
Last Checked: Jul 29 at 10:06PM
MLS# 22098971
Copyright © 2026 MIBOR Service Corporation. 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 income-producing property includes a fourplex with four spacious 2-bedroom, 1-bath units, along with a separate rear unit offering 3 bedrooms and 2 full baths. In total, the property provides five rental streams on one site and is reported as fully occupied. The current income is described as nearly $5,000 per month.
Located at 714 W Cross Street in Anderson, Indiana, the property is positioned for convenient access to shopping, dining, and major routes. The layout includes the separate rear unit, which can be useful for operators looking to differentiate rent structure or consider owner occupancy.
For investors seeking an already-occupied multifamily asset, the unit mix offers multiple configurations across two-bedroom and three-bedroom households. With all units currently occupied, the property may appeal to buyers looking for turn-key income generation from day one, supported by the stated near-$5,000 monthly figure. The separate rear unit also creates flexibility for an operator’s plan, whether that means targeting a higher-rent tenant profile or reserving it for personal use.
Located at 714 W Cross Street in Anderson, Indiana, the property is positioned for convenient access to shopping, dining, and major routes. The layout includes the separate rear unit, which can be useful for operators looking to differentiate rent structure or consider owner occupancy.
For investors seeking an already-occupied multifamily asset, the unit mix offers multiple configurations across two-bedroom and three-bedroom households. With all units currently occupied, the property may appeal to buyers looking for turn-key income generation from day one, supported by the stated near-$5,000 monthly figure. The separate rear unit also creates flexibility for an operator’s plan, whether that means targeting a higher-rent tenant profile or reserving it for personal use.
Key Highlights
- Five total rental units on a single property, including four 2‑bedroom/1‑bath units and one 3‑bedroom/2‑bath unit.
- Fully occupied, generating nearly $5,000 per month in rental income.
- Strong, consistent cash flow from day one.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied five-unit rental setup with four 2-bedroom units plus a separate 3-bedroom, 2-bath rear unit.
Where is this apartment building located?
The property is located at 714 W Cross Street Anderson, IN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Five total rental units on a single property, including four 2‑bedroom/1‑bath units and one 3‑bedroom/2‑bath unit.; Fully occupied, generating nearly $5,000 per month in rental income.; Strong, consistent cash flow from day one.
