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Anderson, IN Multifamily Homes & Duplexes for Sale

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  • /22

    $89,000

    • 5 Beds
    • 2 Baths

    1609 Brown St, Anderson, IN 46016

    Investor alert! Don't miss this value-add, cash-flowing duplex located at 1609 Brown St in the heart of Anderson. This up/down duplex offers strong rental potential with multiple investment strategies in play-perfect for house hackers, buy-and-hold investors, or BRRRR enthusiasts. The lower unit is a spacious 2 bed, 1 bath currently rented for $1,133/month with utilities included (HUD tenant,

    Peter Stewart Keller Williams Indpls Metro N

    1609 Brown St, Anderson, IN 46016
  • /11

    $129,900

    • 3 Beds
    • 2 Baths

    1309 Pearl St, Anderson, IN 46016

    Investment property located just minutes from downtown Anderson! This duplex features a 1-bed/1-bath unit and a 2-bed/2-bath unit with separate entry. Tenants pay all utilities and there is a new water line from the street to the home. Whether you are a seasoned investor or just starting your portfolio, this property offers great income potential in a desirable area!

    Cory Parker RE/MAX Real Estate Solutions

    1309 Pearl St, Anderson, IN 46016
  • /25

    $225,000

    • 6 Beds
    • 3 Baths

    20 & 22 W 8th St, Anderson, IN 46016

    Attention Investors! This downtown gem has loads of potential!!! Recently updated, this building has a finished 3,182 sq. ft ready for your needs. This is actually two buildings, 20 & 22 W. 8th. They have long been combined, there are two doorways through the firewall. The east side features a huge full bath and washer dryer hookups. The building is zoned in the permissive B-2 class

    Evan Broderick RE/MAX Real Estate Solutions

    20 & 22 W 8th St, Anderson, IN 46016
  • /21

    $85,000

    • 5 Beds
    • 2 Baths

    2213 Noble St, Anderson, IN 46016

    Looking for a flip? This duplex can be your next project! The main level is in need of rehab, but the upper unit is mostly complete! New windows throughout. First floor features large living room, dining room and two bedrooms. Upper unit has space for living room, kitchen, and three bedrooms. Bathroom area needs to be floored and plumbed. Please use caution using the stairs, some areas are

    Lindsay Wolfe Trueblood Real Estate

    2213 Noble St, Anderson, IN 46016
  • /14

    $105,000

    • 1 Bed
    • 1 Bath

    615 E 31st St, Anderson, IN 46016

    Located at 615 E 31st ST, Anderson, IN, this duplex presents a noteworthy prospect for investors and handy homeowners alike. This property offers a unique opportunity to shape a space to your exact specifications. Building in the back offers a good storage area for needed storage. long term tenants on month-to-month lease.

    Paula Maple Highgarden Real Estate

    615 E 31st St, Anderson, IN 46016
  • /57

    $200,000

    • 4 Beds
    • 2 Baths

    1732 Noble St, Anderson, IN 46016

    Unlock cash flow with this fully renovated and stabilized property featuring two single-family homes on one lot-each rented at $850/month with room to raise rents. Whether you're a seasoned investor or a house hacker looking to live for less, 1732 Noble St in Anderson offers flexibility and immediate income. One home has been completely renovated from the studs, including new drywall, flooring,

    Alyssa Burton Inspired Realty

    1732 Noble St, Anderson, IN 46016
  • /22

    $144,900

    • 4 Beds
    • 2 Baths

    1714 Jefferson St, Anderson, IN 46016

    Versatile Duplex Opportunity on Jefferson Street. Whether you're expanding your investment portfolio or seeking an owner-occupied opportunity with rental income, this spacious duplex on Jefferson Street delivers flexibility and value. 1712 Jefferson offers a well-appointed 1-bedroom, 1-bath layout all on the main level, featuring hardwood floors, an eat-in kitchen, and a private basement with

    Jacqueline Alexander Green Forest Realty

    1714 Jefferson St, Anderson, IN 46016
  • /22

    $425,000

    • 16 Beds
    • 3 Baths

    1222 Nichol Ave, Anderson, IN 46016

    This is a fantastic chance to own a well-located, 4-unit multi-family property in Anderson, Indiana. Perfect for investors looking for immediate income and long-term potential. This property features 4 separate units, offering diverse unit mixes including a 4 bedroom and 3 bathroom apartment. All units have been upgraded with new flooring and fixtures throughout both buildings. Gross monthly rent

    Justin Lowe Ellsbury Commerical Group

    1222 Nichol Ave, Anderson, IN 46016
  • /44

    $275,000

    • 4 Beds
    • 3 Baths

    2410 Lincoln St, Anderson, IN 46016

    TRIPLE INCOME OPPORTUNITY - $33,600! This freshly renovated multi-family property offers an excellent investment opportunity with three separate units under one roof. Each unit has been thoughtfully updated to provide comfortable living spaces for potential tenants, making this a turnkey investment option. The property features a total of 4 bedrooms and 3 bathrooms spread across the three units,

    Jamie Suchotzky Red Hot, REALTORS LLC

    2410 Lincoln St, Anderson, IN 46016
  • /7

    $115,000

    • 2 Beds
    • 1 Bath

    1809 Meridian St, Anderson, IN 46016

    Don't miss a great cashflow opportunity in the heart of Anderson. This building needs some love, but will consistently bring $2200 - $2800 per month in rents. 4 Units total, with shared laundry space, and parking included. Roofing was just repaired, so no storm damage present.

    Nathan Ehman Trueblood Real Estate

    1809 Meridian St, Anderson, IN 46016
  • /21

    $219,900

    • 4 Beds
    • 2 Baths

    1309 E 47th St, Anderson, IN 46013

    This very well-maintained duplex located on Anderson's Southeast side has so much to offer. The maintenance free brick exterior, large yard, and nice back patio area are attractive features to attract and keep renters. The location is convenient to shopping, entertainment, amenities, and interstate access. There are 2 units with the addresses of 1309 and 1311 E 4th St, Anderson, IN 46013.

    Jeff Weightman Weightman Realty Group, LLC

    1309 E 47th St, Anderson, IN 46013
  • /62

    $182,900

    • 2 Beds
    • 2 Baths

    334 Central Ave, Anderson, IN 46012

    Tenants fall in love with this charming mid-century modern duplex just one block from Anderson University. Each unit boasts an attached garage with included opener, a 12'x17' spacious hardwood floor bedroom, galley kitchens with new or newer appliances, granite countertops, dishwashers, disposals, washer-dryer hookups and more. The large living rooms feature brick fireplaces, floor-to-ceiling

    Jon Green F.C. Tucker/Prosperity

    334 Central Ave, Anderson, IN 46012
  • /9

    $139,900

    • 4 Beds
    • 4 Baths

    2032 Central Ave, Anderson, IN 46016

    Excellent Investment Opportunity in Anderson! This triplex features three units: one spacious 2-bed, 2-bath unit and two 1-bed, 1-bath units. All units will be delivered vacant at closing, offering the new owner a clean slate to update, re-lease at market rents, or owner-occupy. Great potential for value-add with cosmetic updates. Located near shopping, restaurants, and public transportation-an

    Kierstyn Wood Ferris Property Group

    2032 Central Ave, Anderson, IN 46016
  • /33

    $139,900

    • 3 Beds
    • 2 Baths

    1820 Central Ave, Anderson, IN 46016

    Investor Special - Vacant Duplex in Prime Anderson Location! Now fully vacant and ready for immediate renovation or lease-up, this duplex is an ideal investment for both new and experienced investors. Property features: Unit 1: 2 bedrooms, 1 bathroom - spacious layout with value-add potential. Unit 2: 1 bedroom, 1 bathroom - efficient and easy to rent. Located in a desirable Anderson neighborhood

    Kierstyn Wood Ferris Property Group

    1820 Central Ave, Anderson, IN 46016
  • /44

    $169,900

    • 4 Beds
    • 3 Baths

    427 W 9th St, Anderson, IN 46016

    Great opportunity for extra cash flow! This triplex offers a large main level unit with a spacious living area with a beautiful wood burning fireplace/dining room and 2 bedrooms with front and back entrances! Both units upstairs are accessible via private entrance and offer a great layout for residents to enjoy! All units have solid hardwood floors and come with appliances. Main level unit is

    Trevar Denney RE/MAX Real Estate Solutions

    427 W 9th St, Anderson, IN 46016
  • /20

    $79,900

    • 1 Bed
    • 1 Bath

    421 W 2nd St, Anderson, IN 46016

    Investor Alert! Discover a remarkable investment package conveniently located near downtown Anderson. Part of a broader offering of 4 doors across 3 properties, this particular property is a value-add brick ranch duplex. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 421 W 2nd St, the duplex sits on a flat lot and has a

    Peter Stewart Keller Williams Indpls Metro N

    421 W 2nd St, Anderson, IN 46016
  • /10

    $92,150

    • 1,344 Sq Ft

    731 W 9th St Unit Anderson, Anderson, IN 46016

    Welcome to this charming duplex at 731-733 West 9th Street, Anderson, Indiana. Built in 1941, this property offers an excellent investment opportunity with two units, each designed to provide comfortable living spaces. Unit 731 features one bedroom and one bathroom, perfect for singles or couples. Unit 733 offers two bedrooms and one bathroom, ideal for small families or tenants needing extra

    BRIAN INGLE FC Tucker Richmond

    731 W 9th St Unit Anderson, Anderson, IN 46016
  • /38

    $130,000

    • 4 Beds
    • 2 Baths

    2420 Fletcher St, Anderson, IN 46016

    Investor ready! Renovated duplex ready for its new owner. Both units are currently occupied. Great income producing potential! Each side features 2 bedrooms, 1 bathroom, large living room and kitchen, and separate laundry room. Property to be sold as-is! Both units have had electric updated.

    Justin Puckett Keller Williams Indy Metro NE

    2420 Fletcher St, Anderson, IN 46016
  • /15

    $140,000

    1712 Main St, Anderson, IN 46016

    Investor alert! Duplex with immediate cash flow. Both units are currently occupied and 48 hr notice for showings. Both units are 2 bedroom/1 bath. Upper apartment has in unit laundry. Over $50,000 in improvements over the last few years including but not limited to new HVAC, window replacements, remodeled bathrooms, new kitchen cabinets and counters, new flooring, new drain lines, doors, etc. See

    Justin Puckett Keller Williams Indy Metro NE

    1712 Main St, Anderson, IN 46016
  • /17

    $1,270,000

    • 4 Beds
    • 3 Baths

    2976 N Scatterfield Rd, Anderson, IN 46012

    Multi Use commercial/residential building. 100% leased, great cash flow! Three commercial units with multi-year leases w/ extension options. Seven residential apartments. Many recent updates including new HVAC, Parking lot repairs, indoor and outdoor lighting converted to LED for energy efficiency, exterior painting, roofing, sewer line repairs, and a vast amount of interior remodeling for

    Barry Hines Realty Wealth Advisors

    2976 N Scatterfield Rd, Anderson, IN 46012

Why Live in Anderson

Anderson, a Central Indiana city 45 miles northeast of Indianapolis, is a place where residents pride themselves on their resilience. Each time the city has faced economic hardship over the decades, it has found a way to rebound—and the belief locally is that Anderson’s latest renaissance is underway. “This is a community that’s scrappy. It's going to claw its way back,” says Rich Jorn, executive director of the city’s historic Paramount Theatre. “There's definitely a commitment from its citizens to bring it back to its glory days, one way or a ...

Home Trends in Anderson, IN

Housing Trends

Median Sale Price
$169,000
Median Single Family Sale Price
$165,000
Median Townhouse Sale Price
$127,000
Median 2 Bedroom Sale Price
$179,800
Average Price Per Sq Ft
$119
Number of Homes for Sale
165
Last 12 months Home Sales
987
Months of Supply
2.00
Median List Price
$172,500
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
10%
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