Multifamily

Pendleton, IN Multifamily Properties for Sale

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48-Unit Apartment Community
Updated: Mar 25
48-Unit Apartment Community

8005 Cardinal Cir, Pendleton, IN 46064

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48‑unit apartment community constructed in 2018
1,240‑square‑foot two‑bedroom floor plans
Private patios and one‑car attached garages
98% current occupancy
Situated on nearly five acres
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See what stands out in Madison County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Pendleton, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

8-Unit Apartment Building
8-Unit Apartment Building

8436 E State Road 32, Anderson, IN 46017

$999,990
10,000 sqft

Residential income property with eight units at an Anderson address.

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Duplex with Detached Garage
Duplex with Detached Garage

239 W 38th St, Anderson, IN 46013

$119,000
1,840 sqft

Separate-entry upper apartment complements the main residence, full basement, and off-street parking.

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Two-Unit Duplex with Garage
Two-Unit Duplex with Garage

505 W 29th St, Anderson, IN 46016

$125,000

Each residence offers two bedrooms, separate utilities, and access to private outdoor space.

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5-Unit Apartment Building
5-Unit Apartment Building

525 E Main St, Greenfield, IN 46140

Contact for pricing

Multifamily property with an upstairs efficiency apartment and access to nearby parks, recreation, and community amenities.

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Off-Market Properties in Pendleton, IN

Consider similar Off-Market properties in Pendleton, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

106 Gregory Dr
MOBILE HOME PARK, TRAILER PARK

106 Gregory Dr, Pendleton, IN 46064-9115

$325,000
Estimated value
918 sqft 5.55 AC lot
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112 Water St
MOBILE HOME PARK, TRAILER PARK

112 Water St, Pendleton, IN 46064-1058

$265,000
Estimated value
0.66 AC lot
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800 Arrowhead Dr
MOBILE HOME PARK, TRAILER PARK

800 Arrowhead Dr, Pendleton, IN 46064

$355,000
Estimated value
20.70 AC lot
View details

Pendleton, IN Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Pendleton, IN on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1

Demographics Overview

Population 18K
Population Growth (5Y) +1.4%
Median Household Income $92,012
College Educated 41.9%

Taxes & Financing

Tax Rate (average for all types) 2.43%
Property Tax per SF $51.51 per SF
Tax Rate vs County Average 0.31 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

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