TurnKey 8Unit Multifamily Portfolio - Fully Renovated & Stabilized Fantastic opportunity to acquire a fully occupied, cashflowing 8unit portfolio consisting of two singlefamily homes and two triplexes. All units have been updated with new vinyl plank flooring, fresh paint, and modernized kitchens and bathrooms. Driveway has been replaced for improved access. Unit Mix: SFH #1: 3 bed / 1 bath / 1car attached garage SFH #2: 4 bed / 2 bath / 1car attached garage - new roof installed Triplex #1: (2) 2 bed / 1 bath units + (1) 1 bed / 1 bath unit Triplex #2: (3) 3 bed / 1.5 bath units, each with attached garage Recent Improvements: New vinyl plank flooring throughout Fresh interior paint Updated kitchens & bathrooms Driveway replacement All roofs less than 5 years old, with one brandnew roof on the 4bed SFH This is a turnkey, lowmaintenance asset ideal for investors seeking stable income and modernized units with strong tenant appeal. Fully occupied and ready to cash flow from day one. Please see the attached doc for more information.
Turn-Key 8-Unit Multifamily Portfolio — Fully Renovated & Stabilized Fantastic opportunity to acquire a fully occupied, cash-flowing 8-unit portfolio consisting of two single-family homes and two triplexes. All units have been updated with new vinyl plank flooring, fresh paint, and modernized kitchens and bathrooms. Driveway has been replaced for improved access. Unit Mix: SFH #1: 3 bed / 1 bath / 1-car attached garage SFH #2: 4 bed / 2 bath / 1-car attached garage — new roof installed Triplex #1: (2) 2 bed / 1 bath units + (1) 1 bed / 1 bath unit Triplex #2: (3) 3 bed / 1.5 bath units, each with attached garage Recent Improvements: New vinyl plank flooring throughout Fresh interior paint Updated kitchens & bathrooms Driveway replacement All roofs less than 5 years old, with one brand-new roof on the 4-bed SFH This is a turn-key, low-maintenance asset ideal for investors seeking stable income and modernized units with strong tenant appeal. Fully occupied and ready to cash flow from day one. Please see the attached doc for more information.
MIBOR as Distributed by MLS Grid #21996939
Jan 17, 2025
Sold
$450,000
$45/sq ft
Aug 29, 2024
Pending
—
Aug 19, 2024
Listed
$549,900
$55/sq ft
+9
Investors! A total of 8 units on a picturesque 2.8 acres in Chesterfield! To include (2) Triplex and (2) Single Family homes, all on 1 parcel. All units have their own Forced Air heat and Central Electric A.C. *First Triplex: (Unit 1) 2 Bedroom/1 Bath with a single car attached garage. (Unit 2) 1 Bedroom/1 Bath with no garage, (Unit 3) 2 Bedroom/1 Bath with a single car attached garage. *Second Triplex: (Unit 4) 2 Bedroom/1 1/2 Bath with a 1 car attached garage. (Unit 5) 1 Bedroom/1 Bath. (Unit 6) 2 Bedroom/1 1/2 Bath with a 1 car attached garage. *Single Family Residence (Unit 7): 1 Bedroom/1 Bath with a 2 car attache garage. Tenant is not currently paying rent on this unit because he is acting as handyman and maintenance. This tenant understands that the new owner will require rent be paid. *Single Family Residence (Unit 8): 2 Bedroom/1 Bath with a 1 car attached garage. Owner/Seller financing offers are not being considered.
Year
Property tax
Land + Additions
Assessment*
2025
$11,038 (+5.2%)
$34,300 + $437,900
$472,200
2024
$10,494 (+8.7%)
$34,300 + $437,900
$472,200
2023
$9,658 (+4.5%)
$34,300 + $437,900
$472,200
2022
$9,243 (+5.1%)
$34,100 + $397,500
$431,600
2021
$8,792 (−51.3%)
$33,900 + $379,100
$413,000
2020
$18,052 (+106.7%)
$33,900 + $356,700
$390,600
2019
$8,732 (+7.0%)
$33,700 + $340,100
$373,800
2018
$8,157 (+29.5%)
$33,700 + $352,300
$386,000
2017
$6,301 (−7.0%)
$33,700 + $281,100
$314,800
2016
$6,778 (+3.6%)
$33,700 + $281,100
$314,800
2015
$6,543 (−2.5%)
$33,700 + $304,900
$338,600
2014
$6,712 (−3.1%)
$33,700 + $293,200
$326,900
2013
$6,927
$33,700 + $301,700
$335,400
Public record
Public record
Zoning
Beds
1
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
2.82 Acres
Year renovated
1975
Finished Sq. Ft.
506
Unfinished Sq. Ft.
—
Total Sq. Ft.
506
Year built
1975
Style
Single Family Residential
County
Madison County
APN
481211100026000033
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 28, 2026.
GC
CD
General Commercial District
The GC District is intended to provide a land use category for most general business uses. The provisions that regulate this land use district should not overly restrict normal business practices. This district can be used adjacent to all other commercial and industrial districts and the MH, and MR residential districts.; Madison County's Plan Commission and Board of Zoning Appeals should strive to use this district to encourage a strong and stable area for commerce.
Zone overlays
Corridor Development Overlay
Permitted uses
Include but are not limited to:
Agriculture
General retail
Housing-Single unit
Infrastructure
Office
Public service
Fire house
Police station
Recreation
Agriculture-Cropland
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 101° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Anderson, IN • 46017
Average low and high temperatures (°F)
31
16
40
25
59
38
67
47
70
52
82
65
86
68
80
62
80
56
69
47
52
38
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 21% for direct sun exposure in Anderson. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 8436 E State Road 32
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