702 W 5th Street Anderson, IN $ 790,000
702 W 5th Street
$ 790,000
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702 W 5th Street

Anderson, IN, 46016
$ 790,000
Baths0.0

Monthly Estimate*

$ 4,864

702 W 5th Street, Anderson, IN 46016 - Image 1
702 W 5th Street, Anderson, IN 46016 - Image 2
702 W 5th Street, Anderson, IN 46016 - Image 3
702 W 5th Street, Anderson, IN 46016 - Image 4
702 W 5th Street, Anderson, IN 46016 - Image 5
Studio

Multi-Family Home for sale in Anderson, IN

for $790,000. This home was built in 1905 on a lot size of 0.13.

INVESTOR SPECIAL! Cash-flowing investment opportunity that offers steady rental income potential and low-maintenance ownership, making it ideal for investors looking to expand their portfolio. Three out of four units occupied. Conveniently located near local amenities, schools, and major routes, it's a solid addition for long-term returns or value-add strategies. Price reflects package deal of all addresses listed:702 W 5th St Anderson IN, 205 N Lincoln Ave Alexandria IN , 1527 Walnut St Anderson IN, 820-822 Howard St Muncie IN.

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Multi-Family Active

Price

$ 790,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,462

Style

Traditional

Lot Size

0.13

Year Built

1905

Town/City

Anderson

County/Region

Madison

MLS | Web ID

22077169

Features
General
Possession Closing Subject to Tenant Rights
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1905
Township Anderson
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Current Use Residential
County Madison
New Construction N
Property Type Residential Income
Subdivision Name Howards
Status Active
Directions GPS Friendly
City Anderson
High School District Anderson Community School Corp
Number Of Units Total 4
MLS Area 4810 - Madison - Anderson NW
Lot Size Square Feet 5760
Property Attached Y/N N
Structure Type Quadruplex
Standard Status Active
Tax Lot 13
Legal Description Howards Pt E 40' Lot 13
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Exterior
Parking Features Gravel
Lot Features Corner Lot
Foundation Details Block Slab
Lot Size Acres 0.13
Road Frontage Type City Street
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Interior
Basement (Y/N) Y
Laundry Features No Laundry Facil.
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* Excluded Features
List By
@Properties

Broker

jaxyn@atpropertiesind.com

Email

Affordability Calculator

$4,986
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,864
Monthly Property Taxes
$122
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
4045006 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/18/2025$790,000 Listed Price

Map


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702 W 5th Street, Anderson, IN, 46016 is a Multi-Family Home for sale at $790,000 with a lot size of 0.13. 702 W 5th Street is a studio with 0.0 baths and was built in 1905. The property's zip code is 46016 which is in Anderson, IN