1405 W 5th Street Anderson, IN $ 95,000
1405 W 5th Street
$ 95,000
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1405 W 5th Street

Anderson, IN, 46016
$ 95,000
Baths0.0

Monthly Estimate*

$ 569

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Studio

Multi-Family Home for sale in Anderson, IN

for $95,000. This home was built in 1965 on a lot size of 0.13.

Investment Opportunity - Tri-Plex with Bonus Income Potential! Unlock the potential of this tri-plex investment property! Featuring two spacious 2-bedroom, 1-bath units and a cozy 1-bedroom, 1-bath unit, this property offers diverse rental options. As a bonus, the property includes a 2-car garage, providing additional income potential when rented separately. Located in a desirable area, this is an ideal opportunity for investors looking to generate consistent rental income while building equity. With some strategic updates, this tri-plex could become a standout property in the rental market. Don't miss out-this investment is ready to work for you! Note: 1 unit is rent ready and 2 units need updates. None of the units are rented at this time.

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Multi-Family Active

Price

$ 95,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,300

Style

Lot Size

0.13

Year Built

1965

Town/City

Anderson

County/Region

Madison

MLS | Web ID

22012232

Features
General
Possession Closing
Garage Spaces 1
Year Built 1965
Township Anderson
Levels Two
Property Subtype Triplex
Tax Year 2023
Current Use Vacant
County Madison
New Construction N
Property Type Residential Income
Subdivision Name Evalyn
Status Active
Directions GPS Friendly
City Anderson
High School District Anderson Community School Corp
NumberOfUnitsTotal 3
MLS Area 4810 - Madison - Anderson NW
Lot Size Square Feet 5808
Middle/Junior High School Highland Middle School
Standard Status Active
Tax Lot 342
Legal Description Evalyn 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
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Exterior
Parking Features Detached
Lot Size Acres 0.13
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* Excluded Features
List By
Stanifer & Associates Real Est

Broker

butchstanifer@gmail.com

Email

Affordability Calculator

$677
Per Month
84%
16%
0%
Monthly Principal & Interest
$569
Monthly Property Taxes
$108
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044991 Elementary School
4490853 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/2/2025$95,000 -4.90% Price Down
11/27/2024$99,900 Listed Price

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1405 W 5th Street, Anderson, IN, 46016 is a Multi-Family Home for sale at $95,000 with a lot size of 0.13. 1405 W 5th Street is a studio with 0.0 baths and was built in 1965. The property's zip code is 46016 which is in Anderson, IN