Residential Income

Anderson, IN Residential Income Properties for Sale

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Duplex Portfolio with Six Units
Updated: Apr 17
Duplex Portfolio with Six Units

403-405 W 5th Street, Anderson, IN 46016

$114,900
1,968 sqft 0.15 AC lot
Portfolio of three rental duplex properties totaling 6 units in the Anderson, IN market
Year built: 1885
Historical rent collection and exceptional occupancy rates with minimal historical vacancy
Current rents are below prevailing market rates for comparable local properties, creating a path for rent growth
Owners have maintained the units, helping minimize the need for immediate capital expenditure (CapEx)
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Duplex with Shared Washer/Dryer
Updated: Jul 11
Duplex with Shared Washer/Dryer

1202 E 8th, Anderson, IN 46012

$200,000
0.13 AC lot
Duplex with units 1202 ($1,410/month, lease exp. 2/28/2027) and 1204 ($775/month, lease exp. 10/31/2026)
All completed in 2016: vinyl siding, dimensional asphalt shingle roof, and vinyl windows
Heating and cooling include forced air with central air, plus 2 high‑efficiency furnaces and A/C units
Two water heaters and 2016 remodel updates including LVP flooring, new plumbing, and new electrical
Shared washer/dryer available in the basement
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Single-Story Triplex Property
Single-Story Triplex Property

2403 Fletcher, Anderson, IN 46016

$125,000
0.14 AC lot

For sale triplex with single-story units, situated on a 0.14-acre lot in Anderson, Indiana.

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All-Brick Two-Story 8-Unit Apartment
All-Brick Two-Story 8-Unit Apartment

1120 E 30th Street, Anderson, IN 46016

$339,000
7,344 sqft

Value-add 8-unit building with all-brick construction, street-to-street lot, and separately metered electricity and gas.

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Triplex Investment Property
Triplex Investment Property

604 Hendricks Street, Anderson, IN 46016

$200,000
0.19 AC lot

Triplex with two 2-bedroom units and one 1-bedroom unit, separately metered electric, and tenant water/sewer utility charges.

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Duplex with Detached Garage
Duplex with Detached Garage

239 W 38th Street, Anderson, IN 46013

$119,000
1,840 sqft 0.14 AC lot

Duplex offers two 1-bedroom apartments plus two-bedroom unit, off-street parking, and a full basement.

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Four-Plex Residential Income Property
Four-Plex Residential Income Property

319 Hst W 10th Street, Anderson, IN 46016

$385,000
0.15 AC lot

Well-maintained four-plex with updated interiors, in-unit laundry hookups, and designated parking for each unit.

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Fully Occupied 7-Unit Apartment
Fully Occupied 7-Unit Apartment

1615 Main Street, Anderson, IN 46016

$309,000
3,360 sqft

Seven units are fully occupied, generating over $5,000 in monthly gross income, with renovations completed in the last two years.

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Converted Triplex with Private Entrances
Converted Triplex with Private Entrances

1015 Delaware Street, Anderson, IN 46016

$264,990
0.12 AC lot

Converted triplex offers three levels with private entrances, each providing a 2-bedroom unit with kitchen, living area, and full bath.

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B-2 Zoned Residential Income Home
B-2 Zoned Residential Income Home

524 S Scatterfield Road, Anderson, IN 46012

$185,000
0.24 AC lot

Single-family residential income property in Anderson, Indiana, zoned B-2.

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Apartment Development Opportunity
Apartment Development Opportunity

1530 Pearl Street, Anderson, IN 46016

$85,000
3,966 sqft

Existing structures support a proposed 7-unit residential development near Downtown Anderson.

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Renovated 4-Unit Multifamily Building
Renovated 4-Unit Multifamily Building

1432 Ohio Avenue, Anderson, IN 46016

$229,555
0.15 AC lot

Four-unit multifamily property at 1432 Ohio Avenue in Anderson, recently renovated and operating as an income-generating rental.

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Multifamily Income Property with ADU
Multifamily Income Property with ADU

1413 Walnut Street, Anderson, IN 46016

$275,000
0.04 AC lot

Duplex plus a detached 1-bed ADU, with two units generating income and one unit vacant for turnover.

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Mixed-Use Building with Corner Retail
Mixed-Use Building with Corner Retail

33 E 11th Street, Anderson, IN 46016

$129,900
5,600 sqft

Large mixed-use property with storefront space on the main level and three apartments upstairs, accessed via a covered stairway.

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Renovated Duplex Investment
Renovated Duplex Investment

421 W 7th, Anderson, IN 46016

$139,000
0.24 AC lot

Renovated duplex in Anderson with one upper unit vacant and the other unit producing $1,100 gross rent.

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Fourplex with Rear 3BR Unit
Fourplex with Rear 3BR Unit

714 W Cross Street, Anderson, IN 46011

$375,000
0.41 AC lot

Fully occupied five-unit rental setup with four 2-bedroom units plus a separate 3-bedroom, 2-bath rear unit.

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Two-Unit Residential Income Property
Two-Unit Residential Income Property

909 Nursery Road, Anderson, IN 46012

$675,000
9,850 sqft

Two livable apartments upstairs in a spacious income building with a concrete basement and 2022 roof and door updates.

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Updated Triplex-Ready Duplex
Updated Triplex-Ready Duplex

120 W 5th Street, Anderson, IN 46016

$165,000
0.09 AC lot

Updated duplex with three unit options, each featuring a kitchen, washer/dryer hookup, and bedrooms.

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Versatile Mixed-Use Property For Sale
Versatile Mixed-Use Property For Sale

2500 E 10th St, Anderson, IN 46012

Contact for pricing

Mixed-use property with commercial, industrial, and residential spaces.

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Four-Unit Residential Income Property
Four-Unit Residential Income Property

3004 Columbus Avenue, Anderson, IN 46016

$199,900
0.14 AC lot

Four tenant-occupied units with separate electric meters, electric heat, and multiple recent exterior and utility updates.

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Apartment Building For Sale
Apartment Building For Sale

1109 Jackson St, Anderson, IN 46016

Contact for pricing

Apartment building offered for sale, with offering materials available via the deal room link provided.

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Two-Story Duplex with Two Units
Two-Story Duplex with Two Units

1308-1310 Cincinnati Avenue, Anderson, IN 46016

$87,900
0.08 AC lot

Two-story duplex with a vacant 2-bedroom unit and a tenant-occupied 3-bedroom unit for immediate rental continuity.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Anderson, IN, we suggest to view alternatives - similar 18 Off-Market properties to explore as potential leads.

Off-Market Properties in Anderson, IN

Consider similar Off-Market properties in Anderson, 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.

278 375th N
MOBILE HOME PARK, TRAILER PARK

278 375th N, Anderson, IN 46012-1111

Value Estimation by Request
9.10 AC lot
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1625 B St
MOBILE HOME PARK, TRAILER PARK

1625 B St, Anderson, IN 46016-2188

Value Estimation by Request
1,248 sqft 6.60 AC lot
View details

Anderson, IN Residential Income Properties Market Trends and Statistics

Explore 40 residential income properties for sale in Anderson, IN, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 33,928 square feet of properties for sale, with an estimated market value of $4,603,145.

Sale prices for residential income properties in Anderson, IN start at $85,000, averaging $230,157, and reaching up to $675,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 20
Apartment buildings 6
Triplexes 6
Duplexes 4
Quadplexes 3

Demographics Overview

Population 79K
Population Growth (5Y) +0.2%
Median Household Income $56,269
College Educated 16.1%

High-Yield Neighborhoods for Investment

Identify Anderson submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46016 $204.3K
46012 $311.6K
46011 $375K

Taxes & Financing

Tax Rate (average for all types) 2.78%
Property Tax per SF $56.45 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Anderson fall within the 100,000+ square foot range.

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