20 & 22 W 8th Street Anderson, IN $ 210,000
20 & 22 W 8th Street
$ 210,000
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20 & 22 W 8th Street

Anderson, IN, 46016
$ 210,000
Baths0.0

Monthly Estimate*

$ 1,293

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Studio

Multi-Family Home for sale in Anderson, IN

for $210,000. This home was built in 1885 on a lot size of 0.13.

Attention Investors! This downtown gem has loads of potential!!! Recently updated, this building has a finished 3,182 sq. ft ready for your needs. This is actually two buildings, 20 & 22 W. 8th. They have long been combined, there are two doorways through the firewall. The east side features a huge full bath and washer dryer hookups. The building is zoned in the permissive B-2 class allowing business, residential, mixed use and multiunit housing. Located in the heart of downtown on W. 8th. St. It served the prior two owners well as a business, but is in the permissive B-2 zoning class allowing for business, residence, mixed use, or even multifamily! Building includes a large full bath with washer dyer hookups. Full bath is not currently in use. Broker owned; list agent must accompany all showings (your agent is welcome!). Call list agent to schedule showings. Do not attempt to use showing services.

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Multi-Family Active

Price

$ 210,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,560

Style

Lot Size

0.13

Year Built

1885

Town/City

Anderson

County/Region

Madison

MLS | Web ID

22044295

Features
General
Possession Negotiable
Year Built 1885
Township Anderson
Levels One
Property Subtype Duplex
Tax Year 2024
Current Use Office
County Madison
New Construction N
Property Type Residential Income
Subdivision Name Downtown
Status Active
Directions GPS Friendly
City Anderson
High School District Anderson Community School Corp
Number Of Units Total 2
MLS Area 4810 - Madison - Anderson NW
Lot Size Square Feet 5750
Standard Status Active
Tax Lot 015
Legal Description Northwest Square 0.0000Acres Str: 00000 Section: Plat: 25 In: Out:
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Exterior
Parking Features Alley Access Assigned Other
Lot Size Acres 0.13
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Interior
Basement (Y/N) Y
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* Excluded Features
List By
Re/Max Real Estate Solutions

Broker

Nick@877CallNick.com

Email

Affordability Calculator

$1,423
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,293
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
4045006 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/20/2025$210,000 -6.67% Price Down
6/11/2025$225,000 Listed Price

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20 & 22 W 8th Street, Anderson, IN, 46016 is a Multi-Family Home for sale at $210,000 with a lot size of 0.13. 20 & 22 W 8th Street is a studio with 0.0 baths and was built in 1885. The property's zip code is 46016 which is in Anderson, IN