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8-Unit Apartment Building
New
For Sale
$999,900

8436 E State Road 32, Anderson, IN 46017

MULTI_FAMILY - Anderson, IN

Property SizeContact for details
Lot Size2.82 Acres
Days on Market1

Property Features for 8436 E State Road 32

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Subdivision No Subdivision
Elementary school Tenth Street Elementary School
Middle school Highland Middle School
High school Anderson High School
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 481211100026000033
Lot size 2.82 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Se & Ne 2.8200Acres Str: 11198 Section: Plat: 00 In: Out:
Legal Description Se & Ne 2.8200Acres Str: 11198 Section: Plat: 00 In: Out:

Building Details

Year built 1975
Number of units 8
Listing Agency: Starr Real Estate LLC
Listed By: Heather Clemmons · License #RB14039183
Added: Aug 12 Last Checked: Aug 12 at 10:06PM
MLS# 22119884

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 apartment building contains 8 units and was constructed in 1975. The property is situated on 2.82 acres, providing a substantial land component for an apartment asset.

The property is located at 8436 E State Road 32 in Anderson, Indiana, within Madison County. Its 46017 postal code and State Road 32 address identify the site within the Anderson market.

Key Highlights

  • 8‑unit apartment building
  • 2.82‑acre property
  • Constructed in 1975

Property Analytics

Current Use

Apartment buildings

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 46017, IN

5,930
Population
2,386
Households
2.5
Avg Household Size
44
Median Age
19%
College-Educated
94%
High-School Grad
17.7 sq mi
ZIP Area
335
Density / Sq Mi
$72,468
Median Household Income
$40,140
Median Earnings
$972
Median Rent
$138,500
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?
Apartment building - Eight-unit apartment property with a 1975 construction date.
Where is this apartment building located?
The property is located at 8436 E State Road 32 Anderson, IN.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: 8‑unit apartment building; 2.82‑acre property; Constructed in 1975
More about this property
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