4019 Columbus Ave Anderson, IN 46013
This exceptional investment opportunity presents a stabilized portfolio of seven single-family rental homes located at 4019 Columbus Ave, Anderson, Indiana, 46013. The portfolio boasts 100% occupancy as of August 31, 2024, generating a consistent income stream. Each unit is individually priced at $67,857.14, totaling an asking price of $475,000. The property is classified as Class C multifamily and consists of ten buildings, each housing one rental unit. This turnkey investment requires minimal effort, offering a reliable and robust return. The seller is open to selling individual properties with tenants in place, providing flexibility for potential buyers. This portfolio is ideal for both seasoned investors seeking portfolio expansion and newcomers aiming for a stable income stream. The properties have a proven history of strong rental performance, making them a secure addition to any investment strategy. This is a rare opportunity to acquire a diverse, income-generating, and professionally managed portfolio in a desirable location. The properties are situated in Madison County, Indiana.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.