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604 Hendricks Street Anderson, IN $ 200,000
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604 Hendricks Street
$ 200,000
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604 Hendricks Street

Anderson, IN, 46016
$ 200,000
Baths0.0

Monthly Estimate*

$ 1,263

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Studio

Multi-Family Home for sale in Anderson, IN

for $200,000. This home was built in 1886 on a lot size of 0.19.

Unlock the potential of this triplex, offering an excellent opportunity for investors and owner occupants alike. With strong upside potential, this property has the potential for a new owner to increase cash flow by updating the units with more modern finishes and capitalize on higher rents, or leave as-is for an easy portfolio addition. Whether you're looking to expand your investment portfolio or get started in real estate, this property offers flexibility and long term potential. Live in one unit while renting the other two to help offset (or potentially cover) a significant portion of your mortgage, making it an ideal house hacking opportunity. With multiple income streams, room to build equity through strategic improvements, and the chance to maximize rental income, this triplex is a savvy investment in today's market. Don't miss the opportunity to add value and make this property work for your financial goals. Electric metered separately. Tenants pay $50 each for water/sewer utility charge. Rents are $675-750 currently. Two 2/1 units, one 1/1 unit.

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Multi-Family Active

Price

$ 200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,540

Style

Lot Size

0.19

Year Built

1886

Town/City

Anderson

County/Region

Madison

MLS | Web ID

22111615
Features
General
Possession Closing Negotiable Subject to Tenant Rights Other
Garage Spaces 2
Construction Materials Vinyl Siding
Year Built 1886
Township Anderson
Levels Two
Property Subtype Triplex
Tax Year 2025
Current Use Apt<20 Residential
County Madison
New Construction N
Property Type Residential Income
Subdivision Name Linden Home
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 8208
Property Attached Y/N Y
Current Financing Exchange - 1031 Conventional FHA FHA 203(k) VA
Additional Parcels Y/N N
Standard Status Active
Tax Lot 0
Legal Description Linden Home 0.0000Acres Str: 00000 Section: Plat: 17 In: Out:
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Exterior
Parking Features Detached
Foundation Details Other
Lot Size Acres 0.19
Road Surface Type Asphalt
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Interior
Basement (Y/N) N
Laundry Features Common Laundry
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* Excluded Features
List By
Keller Williams Indy Metro Partners

Broker

emilyhuskey@kw.com

Email

Affordability Calculator

$1,391
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,263
Monthly Property Taxes
$128
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
Date Price Price Change Description
7/11/2026 $200,000 Listed Price

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604 Hendricks Street, Anderson, IN, 46016 is a Multi-Family Home for sale at $200,000 with a lot size of 0.19. 604 Hendricks Street is a studio with 0.0 baths and was built in 1886. The property's zip code is 46016 which is in Anderson, IN

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