Key facts
- Lot
- 0.41 acres
- Year built
- 1966
- Type
- Residential Income · Quadruplex
- Stories
- One
- MLS #
- 22098971
- County
- Madison
- Subdivision
- No Subdivision
About this home
Investors, Investors...This income-producing property features a fourplex with (4) spacious 2-bedroom, 1-bath units, PLUS a separate rear unit offering 3 bedrooms and 2 full baths-creating five total rental streams on one property, fully occupied. Bringing in nearly $5,000 per month. Strong, consistent cash flow from day one, highly desirable unit mix for tenant demand, additional upside with rent increases or value-add improvements. It has a separate rear unit ideal for premium rent or owner-occupancy. Located in a convenient area of Anderson with easy access to shopping, dining, and major routes, this property continues to attract reliable tenants and maintain steady occupancy. Whether you're building your portfolio or looking for a high-yield, turnkey performer, this property checks all the boxes. Schedule a showing today!
Description provided by the listing brokerage.
Schools
- School district
- Anderson Community School Corp
Taxes
- Estimated annual tax
- $1,712 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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