1222 Nichol Avenue, Anderson, IN 46016
  • $425,000
  • $425,000

Description

This is a fantastic chance to own a well-located, 4-unit multi-family property in Anderson, Indiana. Perfect for investors looking for immediate income and long-term potential. This property features 4 separate units, offering diverse unit mixes including a 4 bedroom and 3 bathroom apartment. All units have been upgraded with new flooring and fixtures throughout both buildings. Gross monthly rent potential of over $3000 and a cap rate of 9%. Property sits within walking distance to Anderson University. Anderson is an emerging market with a growing rental. Additional information can be obtained by reaching out to the broker.

  • Address: 1222 Nichol Avenue
  • City: Anderson
  • State/county: IN
  • Zip/Postal Code: 46016
  • Area: No Subdivision

Details

Updated on September 30, 2025 at 3:14 pm
  • Property ID 22036964
  • Price $425,000
  • Land Area 0.43 Acres
  • Garage Size x x
  • Year Built 1916
  • Property Type Quadruplex, Residential Income
  • Property Status Closed

Additional details

  • County Madison
  • Property Type Residential Income
  • Middle School Highland Middle School

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Contact Information

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Preeti Chaggar

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