1002 E 7th Street, Anderson, IN 46012
- $1,790,000
- $1,999,995
- $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
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Address: 1002 E 7th Street
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City: Anderson
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State/county: IN
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Zip/Postal Code: 46012
Details
Updated on March 1, 2026 at 6:07 am-
Property ID 22056949
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Price $1,790,000
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Property Size 17274 Sqft
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Garages 2
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Garage Size x x
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Year Built 1988
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Property Type Multi-Family 5+, Commercial Sale
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Property Status Expired
Additional details
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Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
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Cooling Central Air
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County Madison
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Property Type Commercial Sale
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Parking Attached
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Middle School Highland Middle School
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