Key facts
- Lot
- 2.82 acres
- Year built
- 1975
- Type
- Residential Income · Quadruplex
- Garage
- 4 spaces
- MLS #
- 22119884
- County
- Madison
- Subdivision
- No Subdivision
About this home
TurnKey 8Unit Multifamily Portfolio - Fully Renovated & Stabilized Fantastic opportunity to acquire a fully occupied, cashflowing 8unit portfolio consisting of two singlefamily homes and two triplexes. All units have been updated with new vinyl plank flooring, fresh paint, and modernized kitchens and bathrooms. Driveway has been replaced for improved access. Unit Mix: SFH #1: 3 bed / 1 bath / 1car attached garage SFH #2: 4 bed / 2 bath / 1car attached garage - new roof installed Triplex #1: (2) 2 bed / 1 bath units + (1) 1 bed / 1 bath unit Triplex #2: (3) 3 bed / 1.5 bath units, each with attached garage Recent Improvements: New vinyl plank flooring throughout Fresh interior paint Updated kitchens & bathrooms Driveway replacement All roofs less than 5 years old, with one brandnew roof on the 4bed SFH This is a turnkey, lowmaintenance asset ideal for investors seeking stable income and modernized units with strong tenant appeal. Fully occupied and ready to cash flow from day one. Please see the attached doc for more information.
Description provided by the listing brokerage.
Exterior
- Parking and garage
Schools
- Elementary school
- Tenth Street Elementary School
- Middle school
- Highland Middle School
- High school
- Anderson High School
- School district
- Anderson Community School Corp
Taxes
- Estimated annual tax
- $11,038 / 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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