2425 Main St, Anderson, IN 46016
About this home
Solid multi-family apartment building with positive cash flow with 9+ cap rate on expenses. 33 unit brick apartment building in good condition with a high occupancy rate. Recent renovations include a new roof, many new windows, new water heater, significant structural renovation and a number of the apartments have had cosmetic updates. The boilers for the steam heat system were replaced approximately 7 years ago
Redfin Estimate
Market trends in 46016, IN
Last updated September 2026
Buyer's Market
Seller's Market
Balanced market
0.0% MoM
$8K MoM
27 days MoM
3 MoM
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Property details
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Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 10 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.
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