1405 W 5th Street
Anderson, IN 46016
- – beds
- – baths
- – sqft
- 5,808 sqft lot
- 1965 build
Investment Opportunity - Tri-Plex with Bonus Income Potential! Unlock the potential of this tri-plex investment property! Featuring two spacious 2-bedroom, 1-bath units and a cozy 1-bedroom, 1-bath unit, this property offers diverse rental options. As a bonus, the property includes a 2-car garage, providing additional income potential when rented separately. Located in a desirable area, this is an ideal opportunity for investors looking to generate consistent rental income while building equity. With some strategic updates, this tri-plex could become a standout property in the rental market. Don't miss out-this investment is ready to work for you! Note: 1 unit is rent ready and 2 units need updates. None of the units are rented at this time.
Last checked:
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Last updated Feb 1, 2025
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MLS# 22012232 —
The Building
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Year Built:1965
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New Construction:false
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Levels:Two
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Green Certification:No
Location
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Directions:GPS Friendly
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Latitude:40.110606
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Longitude:-85.696929
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Triplex
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Parcel Number:481111402121000003
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Acres:<1/4 Acre
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Lot Size Acres:0.13
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Lot Size SqFt:5,808 Sqft
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Price Per Acre:730769
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Current Use:Vacant
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Road Access:Not Applic
Listing Agent
- Contact info:
- Agent phone:
- (317) 289-4145
- Office phone:
- (317) 289-4145
Taxes
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Tax Lot:342
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Tax Year:2023
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Semi Annual Property Tax Amt:650
Utilities
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Solid Waste:Yes
Schools
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Middle Or Junior School:Highland Middle School
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High School District:Anderson Community School Corp
The Community
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Subdivision Name:Evalyn
Parking
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Parking Features:Detached
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Garage Spaces:1
Extra Units
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# of Units Total:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/1/25
Feb 1, 2025
|
Pending | MIBOR | $95,000 | |
1/2/25
Jan 2, 2025
|
Price Changed | MIBOR | $95,000 | -4.9% |
11/27/24
Nov 27, 2024
|
Listed / Active | MIBOR | $99,900 |