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1338 Ohio Avenue Anderson, IN $ 394,900
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1338 Ohio Avenue
$ 394,900
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1338 Ohio Avenue

Anderson, IN, 46016
$ 394,900
Baths0.0

Monthly Estimate*

$ 2,493

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Studio

Multi-Family Home for sale in Anderson, IN

for $394,900. This home was built in 1900 on a lot size of 0.12.

A fully renovated, income-ready multifamily opportunity in downtown Anderson. This four-unit property features four studio apartments, each completely updated and outfitted with new HVAC systems and water heaters. Every unit is turnkey and move-in ready, allowing an investor to begin leasing immediately without stress from turnover. As an added bonus, this property is already outfitted and metered for a potential FIFTH UNIT. Very few steps away from converting this property into a 5-plex. With all major systems already replaced and interiors fully renovated, this property offers a low-maintenance path to steady cash flow. It's an ideal addition for investors seeking a stabilized asset or a strong entry point into the Anderson rental market. Schedule your showing today and start generating returns from day one.

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Multi-Family Active

Price

$ 394,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,142

Style

Contemporary

Lot Size

0.12

Year Built

1900

Town/City

Anderson

County/Region

Madison

MLS | Web ID

22121535
Features
General
Heating Zoned
Cooling Dual Separate Meters
Possession Closing
Roof Asphalt
Zoning multi unit
Garage Spaces 2
Architectural Style Contemporary Other
Security Features Smoke Detector(s)
Construction Materials Vinyl Siding
Year Built 1900
Township Anderson
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Current Use Residential
County Madison
New Construction N
Property Type Residential Income
Subdivision Name Jacksons Outlot
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 5314
Property Condition Updated/Remodeled
Structure Type Apartment Building Quadruplex
Standard Status Active
Tax Lot TBD
Legal Description Jacksons Ol 0.0000Acres Str: 00000 Section: Plat: 37 In: Out:
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Interior
Basement Exterior Entry
Basement (Y/N) Y
Laundry Features Connections Some
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Exterior
Fencing Full
Parking Features Detached
Lot Features Access Other
Foundation Details Block
Lot Size Acres 0.12
Road Frontage Type City Street
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* Excluded Features
List By
Resolute Realty

Broker

austin@resolute-realty.com

Email

Affordability Calculator

$2,672
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,493
Monthly Property Taxes
$179
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/26/2026$394,900 Listed Price

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1338 Ohio Avenue, Anderson, IN, 46016 is a Multi-Family Home for sale at $394,900 with a lot size of 0.12. 1338 Ohio Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 46016 which is in Anderson, IN

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