GREAT INVESTMENT TRIPLEX This very nice triplex has the perfect location right across from Anderson University. Recently remodeled, this property features a very nice 2 bedroom unit on the main floor, with a large living room, dining room and huge kitchen. The second upstairs unit features 2 bedrooms and a nice living room. The basement has a small studio apartment. Recent updates include vinyl plank flooring in the main and upper level units, updated bathrooms with ceramic tile, some new windows, newer furnace, water heater and gutters. The detached garage could possibly be converted to another unit. What a great opportunity to own an updated triplex in a great location with immediate cash flow! Tenants pay utilities which are added in addition to base rent. PRICED TO SELL
Multi-familyProperty Type
1970Year Built
10,454 sq ftLot Size
$70Est. Price/Sq.Ft.
4 spacesParking
Listed by Joann Davis• F.C. Tucker Muncie, REALTORS
Contact: Cell: 765-748-1316
Bought with Joann Davis• F.C. Tucker Muncie, REALTORS
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1.5
Lot width
48 ft.
Lot depth
220 ft.
Lot size
10,559 Sq. Ft.
Year renovated
1970
Sq. Ft.
2,024
Year built
1970
Style
Multi-Family (2-4 Unit)
County
Madison County
APN
481207401140000003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 28, 2026.
R-2
Residential District
This is a single-family dwelling district. Requirements for minimum lot size and ground floor area of structures are considerably less stringent than the requirements for the R1 District.
Permitted uses
Include but are not limited to:
Housing-Single unit
Property details
Parking
Parking/Garage Information
# of Open Parking Spaces: 4
Parking Features: Off Street
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 2
# of Main Level Bathrooms: 4
Heating & Cooling
Has Cooling
Cooling: Central Air, Window Unit(s)
Has Heating
Heating: Forced Air, Natural Gas
Interior Features
Interior Features: Eat-in Kitchen
Appliances: Range, Refrigerator
Flooring: Concrete, Tile, Vinyl
Room Information
Laundry Features: Washer Hookup
Has Basement
Basement Details: Full, Partially Finished
Exterior
Exterior Features
Patio And Porch Features: Deck, Covered
Roof: Asphalt
Building Information
Above Grade Finished Area: 2,024
Below Grade Finished Area: 702
# of Stories Total: 2
Construction Materials: Brick, Wood Siding
Foundation Details: Block
Property Features
Pets Allowed: Breed Restrictions
Property Information
Property Type: Residential Income
Property Sub Type: Triplex
Raw Mls Property Sub Type: Triplex
Lot Information
Lot Features: Level
Lot Size Dimensions: 48 x 220
Lot Size Acres: 0.24
Financial
Tax Information
Tax Annual Amount: $2,514
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Schools Information
School District: Anderson Community
Elementary School: Anderson
Middle Or Junior School: Highland Junior High
High School: Anderson
Location Information
Directions: SR 9, Turn W on E 5th to Nursery Rd. Turn S to Home on left
Subdivision Name: None
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,024
Stories: 1.5
Lot Size: 10,559 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1970
Year Renovated: 1970
County: Madison County
APN: 481207401140000003
Home facts updated by county records on Sep 28, 2026
Other
Listing Information
List AOR: Mid-Eastern IN Assoc. of REALTOR
AttributionContact: Cell: 765-748-1316
Around this home
Schools
Tenth Street Elementary School
Public K-5 • Assigned • 1.1mi
3/10
Highland Junior High School
Public 7-8 • Assigned • 2.3mi
5/10
Anderson High School
Public 9-12 • Assigned • 3.5mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Anderson, IN • 46012
Average low and high temperatures (°F)
30
16
40
24
58
38
67
46
70
52
82
64
85
68
80
61
80
55
69
46
52
38
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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.
10 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$181,000 – $219,000
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