1338 Ohio Avenue
Anderson, IN 46016
0
Bed
0
Bath
0.12Acre(Lot)
A fully renovated, income-ready multifamily opportunity in downtown Anderson. This four-unit property features four studio apartments, each completely updated and outfitted with new HVAC systems and water heaters. Every unit is turnkey and move-in ready, allowing an investor to begin leasing immediately without stress from turnover. As an added bonus, this property is already outfitted and metered for a potential FIFTH UNIT. Very few steps away from converting this property into a 5-plex. With all major systems already replaced and interiors fully renovated, this property offers a low-maintenance path to steady cash flow. It's an ideal addition for investors seeking a stabilized asset or a strong entry point into the Anderson rental market. Schedule your showing today and start generating
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Room Information
Has Basement: YesInterior Features
Roof: Asphalt Laundry Features: Connections SomeRoofing Information
Asphalt -
Flooring Information
Construction Materials: Vinyl Siding -
Heating & Cooling
Heating: Zoned Cooling: Dual, Separate Meters
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Building Information
Year Built: 1900
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Lot Information
Lot Description: Access, Other Lot Square Feet: 5314 Lot Acres: 0.12Property Information
Property Type: Residential Income Sub Type: Quadruplex Style: Contemporary, Other Structure Type: Apartment Building, Quadruplex
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Listing Price Information
Original List Price:$394900
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Tax Information
Tax Lot: TBD Tax Legal Description: Jacksons Ol 0.0000Acres Str: 00000 Section: Plat: 37 In: Out: Tax Year: 2025 Parcel Number: 481113500005000003
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Parking Information
DetachedGarage Information
Garage Space: 2
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Location Information
Subdivision: Jacksons Outlot City: Anderson Direction: GPS Friendly
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3007-3009 E Lynn Street, Anderson, IN, 46016 | $139,000 | -- | -- | -- | |
| 1732 Noble Street, Anderson, IN, 46016 | $180,000 | -- | -- | -- | |
| 1432 Ohio Avenue, Anderson, IN, 46016 | $229,555 | -- | -- | -- | |
| 1411 Ohio Avenue, Anderson, IN, 46016 | $39,900 | -- | -- | -- | |
| 2417 Pearl Street, Anderson, IN, 46016 | $195,000 | -- | -- | -- | |
| 1309 Pearl Street, Anderson, IN, 46016 | $109,997 | -- | -- | -- | |
| 2403 Fletcher, Anderson, IN, 46016 | $119,900 | -- | -- | -- | |
| 131 W 13th Street, Anderson, IN, 46016 | $139,000 | -- | -- | -- | |
| 120 W 5th Street, Anderson, IN, 46016 | $165,000 | -- | -- | -- | |
| 1015 Delaware Street, Anderson, IN, 46016 | $264,990 | -- | -- | -- |
Similar Multifamily To 1338 Ohio Avenue
Nearby For Sale
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Based on information submitted to the MLS GRID as of 08/27/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 08/27/2026 @ 18:20
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