8436 E State Road 32 Anderson, IN $ 869,900
8436 E State Road 32
$ 869,900
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8436 E State Road 32

Anderson, IN, 46017
$ 869,900
Bedrooms-- Baths0.0

Monthly Estimate*

$ 6,008

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Multi-Family Home for sale in Anderson, IN

for $869,900. This home was built in 1975 on a lot size of 2.82.

TurnKey 8Unit Multifamily Portfolio - Fully Renovated & Stabilized Fantastic opportunity to acquire a fully occupied, cashflowing 8unit portfolio consisting of two singlefamily homes and two triplexes. All units have been updated with new vinyl plank flooring, fresh paint, and modernized kitchens and bathrooms. Driveway has been replaced for improved access. Unit Mix: SFH #1: 3 bed / 1 bath / 1car attached garage SFH #2: 4 bed / 2 bath / 1car attached garage - new roof installed Triplex #1: (2) 2 bed / 1 bath units + (1) 1 bed / 1 bath unit Triplex #2: (3) 3 bed / 1.5 bath units, each with attached garage Recent Improvements: New vinyl plank flooring throughout Fresh interior paint Updated kitchens & bathrooms Driveway replacement All roofs less than 5 years old, with one brandnew roof on the 4bed SFH This is a turnkey, lowmaintenance asset ideal for investors seeking stable income and modernized units with strong tenant appeal. Fully occupied and ready to cash flow from day one. Please see the attached doc for more information.

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Multi-Family Active

Price

$ 869,900

Property Type

Multi-Family

Taxes

$ 11,038

Style

Lot Size

2.82

Year Built

1975

Town/City

Anderson

County/Region

Madison

MLS | Web ID

22119884

Features
General
Possession Subject To Tenant Rights
Garage Spaces 4
Year Built 1975
Township Union
Property Subtype Quadruplex
Tax Year 2025
Current Use See Remarks
County Madison
New Construction N
Property Type Residential Income
Subdivision Name No Subdivision
Status Active
Directions GPS Friendly
High School Anderson High School
City Anderson
High School District Anderson Community School Corp
Number Of Units Total 8
MLS Area 4814 - Madison - Union
Lot Size Square Feet 122839
Elementary School Tenth Street Elementary School
Middle/Junior High School Highland Middle School
Standard Status Active
Tax Lot 0
Legal Description Se & Ne 2.8200Acres Str: 11198 Section: Plat: 00 In: Out:
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Exterior
Parking Features Attached
Lot Size Acres 2.82
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* Excluded Features
List By
Starr Real Estate Llc

Broker

propertieswithheather@gmail.com

Email

Affordability Calculator

$6,928
Per Month
87%
13%
0%
Monthly Principal & Interest
$6,008
Monthly Property Taxes
$920
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4056526 Elementary School
4490853 Middle School
Anderson High School High School
Pricing History
DatePricePrice ChangeDescription
10/1/2026$869,900 -0.57% Price Down
9/11/2026$874,900 -12.50% Price Down
8/12/2026$999,900 Listed Price

Map


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8436 E State Road 32, Anderson, IN, 46017 is a Multi-Family Home for sale at $869,900 with a lot size of 2.82. 8436 E State Road 32 has 0.0 baths and was built in 1975. The property's zip code is 46017 which is in Anderson, IN