• Property Type
  • Multi-Family 5+, Commercial Sale
  • 2
  • Garages
  • 17274 Sqft
  • Area Size
1002 E 7th Street, Anderson, IN 46012
  • $1,790,000
  • $1,999,995

Description

Located just steps from the vibrant campus of Anderson University, this rare portfolio of 10 well-maintained condominiums presents a premier investment opportunity in the heart of Anderson, Indiana. Each unit is currently fully occupied, with strong tenant demand and a waitlist of prospective renters – underscoring the property’s desirability and consistent income potential. Boasting a Net Operating Income of $127,000 annually, this asset offers investors immediate cash flow with long-term upside in a growing rental market. The property has been professionally maintained, requiring minimal ongoing capital investment, and benefits from a location that ensures continued tenant interest from students, faculty, and local professionals. Whether you’re expanding your portfolio or entering the multifamily market, this stable, income-producing asset delivers both performance and peace of mind.

  • Address: 1002 E 7th Street
  • City: Anderson
  • State/county: IN
  • Zip/Postal Code: 46012

Details

Updated on March 1, 2026 at 6:07 am
  • Property ID 22056949
  • Price $1,790,000
  • Property Size 17274 Sqft
  • Garages 2
  • Garage Size x x
  • Year Built 1988
  • Property Type Multi-Family 5+, Commercial Sale
  • Property Status Expired

Additional details

  • Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
  • Cooling Central Air
  • County Madison
  • Property Type Commercial Sale
  • Parking Attached
  • Middle School Highland Middle School

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Contact Information

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Preeti Chaggar

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