Key facts
- Living area
- 6,129 sqft
- Lot
- 0.24 acres
- Type
- Commercial Sale · Multi Family
- Stories
- Two
- MLS #
- 22127214
- County
- Madison
- Total building area
- 6,129 sqft
About this home
Investment opportunity featuring seven residential units divided between two buildings. Five units are currently occupied under written leases, generating a total of $3,665 per month in current rent. Two vacant units offer immediate value-add and additional income potential, with further potential for future rent increases. Convenient downtown location near shopping, employment and local amenities. Property is being sold subject to existing leases and tenants' rights. Rent roll and lease information are available.
Description provided by the listing brokerage.
Exterior
- Exterior features
- Construction
- Style
Systems
- Heating
- Utilities
Lot and HOA
- Zoning
- Residential
Schools
- Middle school
- Highland Middle School
- School district
- Anderson Community School Corp
Taxes
- Estimated annual tax
- $2,682 / 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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