Residential Income

Madison County, IN Residential Income Properties for Sale

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21 properties
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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 includes three rental duplex properties (6 units) in Anderson, IN
Properties were built in 1885
Addresses included: 403‑405 W 5th St, 615‑615 1/2 Madison, and 1815‑1815 1/2 Fletcher
Floor plan includes 5 bedrooms, 2 bathrooms, and a basement
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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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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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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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Three-Unit Triplex for Investors
Three-Unit Triplex for Investors

1225 S 25th Street, Elwood, IN 46036

$150,000
0.13 AC lot

Three-unit multifamily property sold as-is, with two units currently occupied and one unit needing renovation.

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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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4-Unit Multifamily Building
4-Unit Multifamily Building

1432 Ohio Avenue, Anderson, IN 46016

$239,900
0.15 AC lot

Four-unit multifamily property in Anderson, Indiana, recently renovated and offered for sale with reported $2,800 monthly income.

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Renovated Multifamily with Retail
Renovated Multifamily with Retail

112 South Harrison Street, Alexandria, IN 46001

$499,000
10,200 sqft

Renovated 1999 multifamily includes 10 apartments plus two commercial spaces, including a salon and a three-bay shop.

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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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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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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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Fourplex Income Property
Fourplex Income Property

117 E John Street, Alexandria, IN 46001

$215,000
0.17 AC lot

Solid fourplex with two 2-bedroom and two 1-bedroom units, including three current leases and one vacant unit.

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

2500 E 10th St, Anderson, IN 46012

$595,000

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

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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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Summerlake Meadows Apartments For Sale
Summerlake Meadows Apartments For Sale

9050 800 S, Pendleton, IN 46064

Contact for pricing
5.00 AC lot

48-unit multifamily community in Pendleton, Indiana, built in 2018.

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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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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 21 Active Listings in Madison County, IN, we suggest to view alternatives - similar 25 Off-Market properties to explore as potential leads.

Off-Market Properties in Madison County, IN

Consider similar Off-Market properties in Madison County, 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

Value Estimation by Request
918 sqft 5.55 AC lot
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278 375th N
MOBILE HOME PARK, TRAILER PARK

278 375th N, Anderson, IN 46012-1111

Value Estimation by Request
9.10 AC lot
View details
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

Madison County, IN Residential Income Properties Market Trends and Statistics

Explore 46 residential income properties for sale in Madison County, IN, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 28,678 square feet of properties for sale, with an estimated market value of $1,465,900.

Sale prices for residential income properties in Madison County, IN start at $85,000, averaging $244,316, and reaching up to $499,000 — 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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