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409 W 10th Street

Anderson, IN 46016

ActiveListed Oct 19, 2026 · 1 day on market

Key facts

Lot
0.24 acres
Year built
1875
Type
Residential Income · Quadruplex
Stories
Two
MLS #
22132242
County
Madison
Subdivision
J Davis

About this home

Investment opportunity in Anderson! This multi-unit property features four spacious 1-bedroom, 1-bathroom units, with two units on the main level and two upstairs. Located near downtown Anderson, the property offers access to local shopping, dining, and other area amenities. With room for improvement and value-added potential, this property is ready for an investor to bring their vision to life. Explore the possibilities this four-unit property has to offer!

Description provided by the listing brokerage.

Interior

Basement
FullUnfinished

Systems

Heating
Forced AirNatural Gas

Schools

School district
Anderson Community School Corp

Taxes

Estimated annual tax
$1,426 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$442per month, estimated
Principal and interest $302Property tax $119Insurance $21
20% · $12,000
6.47%
Loan type
Loan term

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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Listed at$60,000
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