120 W 5th Street Anderson, IN $ 170,000
120 W 5th Street
$ 170,000
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120 W 5th Street

Anderson, IN, 46016
$ 170,000
Baths0.0

Monthly Estimate*

$ 1,047

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Studio

Multi-Family Home for sale in Anderson, IN

for $170,000. This home was built in 1876 on a lot size of 0.09.

Welcome to 120 and 118 W Fifth Street - a beautifully updated duplex located just steps from downtown Anderson. This property is the perfect blend of classic charm and modern style with great curb appeal and loads of character. This versatile property offers three spacious units with many updates, vintage details, and abundant natural light. With a third unit already in the home, it can be easily be converted into a triplex. All three units have a kitchen, washer/dryer hookup, and bedroom(s). Whether you're looking to house hack by living in one unit and renting out the others or build a short term rental portfolio, this property is great for any investor. The home has easy access to shops, dining, and local amenities, making it ideal for guests or tenants. Don't miss out on this rare opportunity to own a flexible, income-producing property!

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Multi-Family Active

Price

$ 170,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,556

Style

Lot Size

0.09

Year Built

1876

Town/City

Anderson

County/Region

Madison

MLS | Web ID

22049939

Features
General
Heating Electric
Cooling None
Possession Negotiable
Year Built 1876
Township Anderson
Levels Two
Property Subtype Duplex
Tax Year 2024
Current Use Residential See Remarks
County Madison
New Construction N
Property Type Residential Income
Subdivision Name Hannah & Hazlett
Status Active
Directions GPS Friendly
City Anderson
High School District Anderson Community School Corp
Number Of Units Total 3
MLS Area 4810 - Madison - Anderson NW
Lot Size Square Feet 4104
Middle/Junior High School Highland Middle School
Standard Status Active
Tax Lot 18-1070-10-01
Legal Description Hannah & Hazletts 55' W End 0.0000Acres Str: 00000 Section: Plat: 41 In: Out:
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Interior
Basement (Y/N) Y
Laundry Features Laundry Room
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Exterior
Lot Size Acres 0.09
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* Excluded Features
List By
Re/Max Advanced Realty

Broker

m.nauman@indyhomepros.com

Email

Affordability Calculator

$1,176
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,047
Monthly Property Taxes
$130
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
9/15/2025$170,000 -2.86% Price Down
8/21/2025$175,000 -2.78% Price Down
7/11/2025$180,000 Listed Price

Map


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120 W 5th Street, Anderson, IN, 46016 is a Multi-Family Home for sale at $170,000 with a lot size of 0.09. 120 W 5th Street is a studio with 0.0 baths and was built in 1876. The property's zip code is 46016 which is in Anderson, IN