714 W Cross Street, Anderson, IN 46011

Building Details

Year built

1966

Floors in Building

1

Number of units

5

Listing agent Lucero Vargas License #RB14044838 Show Phone

Listing office RE/MAX Complete o***@gotocomplete.com E 126th St 13589, Fishers, IN Show Phone

Listing date May 24, 2026

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MLS# 22098971 Listing URL

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.

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Overview

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.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

• Map
• Local Demand

City

Anderson

County

Madison

State

Indiana

Longitude

-85.687711

Latitude

40.135556

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FAQs

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.