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Anderson, IN Multifamily Homes & Duplexes for Sale

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  • /6

    $149,900

    • 3 Beds
    • 3 Baths

    1316 E 7th St, Anderson, IN 46012

    Investment Opportunity in Chestnut Park! Well maintained 3 unit Multi-Family property near the University. Property backs up to to the university campus. Gross annual income of $13,500. Two apartment units and an efficiency unit. All units come with a Stove and Refrigerator. On-site parking and street parking.

    Justin Puckett Keller Williams Indy Metro NE

    1316 E 7th St, Anderson, IN 46012
  • /89

    $79,000

    • 3 Beds
    • 2 Baths

    2223 Nichol Ave, Anderson, IN 46016

    Investor Opportunity! This unique property was originally two separate houses, now connected by two large meeting rooms-the multi-use property with 9,582 sqft, featuring some deficiencies, but priced to sell. The two original homes, one with the potential of a separate, efficient apartment, could serve as residences or generate rental income. The two large open areas could be adapted for various

    Kevin Majeski Carpenter, REALTORS®

    2223 Nichol Ave, Anderson, IN 46016
  • /21

    $180,000

    • 5 Beds
    • 3 Baths

    120 W 5th St, Anderson, IN 46016

    Welcome to 120 and 118 W Fifth Street - a beautifully updated duplex located just steps from downtown Anderson. This property is the perfect blend of classic charm and modern style with great curb appeal and loads of character. This versatile property offers three spacious units with many updates, vintage details, and abundant natural light. With a third unit already in the home, it can be easily

    Michael Nauman RE/MAX Advanced Realty

    120 W 5th St, Anderson, IN 46016
  • /8

    $400,000

    • 8 Beds
    • 4 Baths

    319 Hst W 10th St, Anderson, IN 46016

    Quadplex in the heart of Anderson's historic district, steps from downtown. Completely remodeled! Each unit with 2 bedrooms/1 bathroom. Great, modern finishes, open layout, new laminate flooring, kitchens with granite countertops.

    Justin Puckett Keller Williams Indy Metro NE

    319 Hst W 10th 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

    $210,000

    • 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

    Nick Rodgers RE/MAX Real Estate Solutions

    20 & 22 W 8th 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
  • /21

    $214,900

    • 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
  • /36

    $175,000

    • 2 Beds
    • 2 Baths
    • 1,508 Sq Ft

    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
  • /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
  • /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, located 45 miles northeast of Indianapolis, IN, is a community known for its resilience and ongoing economic revival. Historically significant, Anderson was once dubbed the “Queen City of the Gas Belt” due to a natural gas boom in the early 20th century. Today, the city is diversifying its economy with major employers like Nestle, NTN Driveshaft, and Harrah’s Hoosier Park Racing and Casino. Anderson University, a Church of God-affiliated liberal arts institution, adds to the local culture and economy. The city’s downtown arts scene is anchored by the historic Paramount Theatre, which hosts various events, and the Anderson Museum of Art, which features local artwork and community events. Recreational opportunities abound with the White River Trail, Shadyside Lake, and Mounds State Park, known for its ancient earthworks. Anderson also offers two public golf courses and the Anderson Speedway for racing enthusiasts. Housing in Anderson reflects its varied history, with styles ranging from late 19th-century Queen Anne to mid-century ranch homes. The median home price is significantly lower than the national average, attracting buyers from nearby Indianapolis. Liberty Christian School is highly rated, providing quality education options. Despite challenges like occasional flooding near the White River and Killibuck Creek, Anderson’s community spirit and strategic location along Interstate 69 continue to drive its resurgence.

Home Trends in Anderson, IN

Housing Trends

Median Sale Price
$239,900
Median Single Family Sale Price
$239,900
Median 2 Bedroom Sale Price
$166,000
Average Price Per Sq Ft
$154
Number of Homes for Sale
10
Last 12 months Home Sales
121
Months of Supply
1.00
Median List Price
$239,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
15%
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