Residential Income

Anderson, IN Residential Income Properties for Sale

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3-Unit Residential Triplex
Updated: Oct 13
3-Unit Residential Triplex

820 W 3rd Street, Anderson, IN 46016

$115,000
0.14 AC lot
Three apartments: two‑bedroom main‑floor unit, main‑floor efficiency, and upstairs one‑bedroom unit
1,214 square feet; built in 1875
0.14‑acre lot in Anderson, Indiana
Enclosed front porch and covered rear porch
Detached one‑car garage and storage shed
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7-Unit Apartment Property
Updated: Sep 22
7-Unit Apartment Property

1422 Central Avenue, Anderson, IN 46016

$235,000
0.24 AC lot
Seven residential units across two buildings
Five units occupied under written leases; two units vacant
0.24‑acre parcel at 1422 Central Avenue, Anderson, IN 46016
Residential zoning
Storage shed on site
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Renovated Four-Unit Apartment Building
Renovated Four-Unit Apartment Building

1627 Brown Street, Anderson, IN 46016

$159,000
0.10 AC lot

Income-producing multifamily property with four one-bedroom residences and a recently renovated interior.

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See hot listings in Anderson

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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8-Unit Brick Apartment Building
8-Unit Brick Apartment Building

1120 E 30th Street, Anderson, IN 46016

$339,000
7,344 sqft 0.29 AC lot

R3-zoned, two-story property has individually metered gas and electricity and a mix of occupied and vacant apartments.

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Seven-Unit Apartment Building
Seven-Unit Apartment Building

1615 Main Street, Anderson, IN 46016

$265,000
0.11 AC lot

Seven residential units offer a consistent one-bedroom, one-bathroom configuration in a renovated multifamily property.

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8-Unit Apartment Building
8-Unit Apartment Building

8436 E State Road 32, Anderson, IN 46017

$800,000
2.82 AC lot

Constructed in 1975, the property contains multiple residential units in Anderson.

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Updated Six-Bedroom Duplex
Updated Six-Bedroom Duplex

826 Nichol Avenue, Anderson, IN 46016

$174,900
0.12 AC lot

Two living units offer practical layouts, private laundry areas, and access to a fenced backyard.

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8-Unit Apartment Building
8-Unit Apartment Building

8436 E State Road 32, Anderson, IN 46017

$869,900
10,000 sqft

Residential income property with eight units at an Anderson address.

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Two-Story Triplex
Two-Story Triplex

321 W 22Nd Street, Anderson, IN 46016

$44,900
2,686 sqft 0.19 AC lot

Three-unit residential property with a basement and proximity to medical facilities, shopping, dining, and schools.

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Renovated Duplex with Basement Laundry
Renovated Duplex with Basement Laundry

1202 E 8th, Anderson, IN 46012

$179,000
0.13 AC lot

Two-unit property with updated building systems, central air, and shared basement laundry facilities.

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Three-Unit Triplex Near University Campus
Three-Unit Triplex Near University Campus

631 High St, Anderson, IN 46012

$225,000
7,150 sqft

Multifamily property with two remodeled units and tenant-paid utilities.

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Cedar Duplex
Cedar Duplex

1207-1209 E 11th Street, Anderson, IN 46012

$160,000
0.10 AC lot

The vacant property includes three bedrooms and two bathrooms, with a cedar exterior.

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Renovated Duplex
Renovated Duplex

421 W 7th, Anderson, IN 46016

$125,000
0.24 AC lot

One residence is vacant, while the other is currently producing rental income.

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Six-Unit Duplex Portfolio
Six-Unit Duplex Portfolio

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

$114,900
1,968 sqft

Three maintained rental properties offer six residential units across the Anderson market.

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Remodeled Triplex Near University
Remodeled Triplex Near University

631 High Street, Anderson, IN 46012

$225,000
0.16 AC lot

Three-unit residential income property with two remodeled apartments, covered porch, attached garage, and basement laundry hookups.

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Two-Story Duplex
Two-Story Duplex

3007-3009 E Lynn Street, Anderson, IN 46016

$130,000
0.15 AC lot

Residential income property with six bedrooms, three bathrooms, and outdoor space on a 0.15-acre parcel.

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Updated Duplex with Separate Utilities
Updated Duplex with Separate Utilities

131 W 13th St, Anderson, IN 46016

$134,000
4,464 sqft

Two separately metered units support tenant-paid utilities and streamlined expense management.

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Anderson Duplex
Anderson Duplex

815 - 821 E 19th Street, Anderson, IN 46016

$125,000
0.08 AC lot

The property is currently vacant and available for occupancy.

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Updated Triplex with Detached ADU
Updated Triplex with Detached ADU

2231 Lincoln St, Anderson, IN 46016

$214,900
2,156 sqft

Three leased one-bedroom units include refreshed interiors, appliances, and tenant-paid utilities, with water remaining owner responsibility.

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Triplex with Updated Plumbing
Triplex with Updated Plumbing

604 Hendricks Street, Anderson, IN 46016

$155,000
0.19 AC lot

Three apartments include two two-bedroom layouts and one one-bedroom layout.

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Two-Story Duplex
Two-Story Duplex

3007-3009 E Lynn St, Anderson, IN 46016

$130,000
6,490 sqft

Two-story duplex with outdoor space and a 1940 construction date.

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8-Unit Brick Apartment Building
8-Unit Brick Apartment Building

1120 E 30th Street, Anderson, IN 46016

$339,000
0.09 AC lot

Separate electric and gas meters serve eight one-bedroom apartments with interior hallways and shared covered entrances.

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Updated Duplex with Shared Laundry
Updated Duplex with Shared Laundry

1202 E 8th, Anderson, IN 46012

$179,000
5,612 sqft

Two-unit property with 2016 improvements, separate electric metering, and basement laundry serving both residences.

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Updated Brick Duplex
Updated Brick Duplex

4072-4074 N 100 W, Anderson, IN 46011

$449,000
0.79 AC lot

Two ranch-style residences offer generous interiors, attached garages, central air, and a quiet country setting.

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Anderson, IN Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Anderson, IN, showcased through 62 active listings on our real estate platform. These investment opportunities span a total of 209,315 square feet of properties for sale, with an estimated market value of $11,774,480.

Sale prices for residential investment properties in Anderson, IN start at $35,000, averaging $206,569, and reaching up to $869,900 — 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 59
Duplexes 24
Triplexes 18
Apartment buildings 11
Quadplexes 2

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
46013 $119K
46016 $167K
46012 $251.1K
46011 $424.3K
46017 $872.4K

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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