1222 Nichol Avenue, Anderson, IN 46016
- $425,000
- $425,000
- $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
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Address: 1222 Nichol Avenue
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City: Anderson
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State/county: IN
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Zip/Postal Code: 46016
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Area: No Subdivision
Details
Updated on September 30, 2025 at 3:14 pm-
Property ID 22036964
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Price $425,000
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Land Area 0.43 Acres
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Garage Size x x
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Year Built 1916
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Property Type Quadruplex, Residential Income
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Property Status Closed
Additional details
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County Madison
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Property Type Residential Income
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Middle School Highland Middle School
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