Active
3,984 sqft
2432 Main St, Anderson, IN 46016
Est: $1,940/moGet pre-approved
Multi FamilyProperty Type
0.07 acresLot Size
1949Year Built
$85/sq ftPrice per sq ft

Description

Excellent Investment Opportunity - Well-Maintained 5-Unit Apartment Complex bringing in $4,000+ every month Add this apartment complex to your investment portfolio and take advantage of all the upside and room for more equity! The property features four spacious 2 bedroom, 1 bath units and one studio apartment. All five units are currently tenant occupied, including one long term tenant who has been in place for more than 7 years, providing an established rental history and immediate income potential....Excellent Investment Opportunity - Well-Maintained 5-Unit Apartment Complex bringing in $4,000+ every month Add this apartment complex to your investment portfolio and take advantage of all the upside and room for more equity! The property features four spacious 2 bedroom, 1 bath units and one studio apartment. All five units are currently tenant occupied, including one long term tenant who has been in place for more than 7 years, providing an established rental history and immediate income potential. Numerous updates have been completed within the past five years, including a new electrical panel and updated wiring throughout, new PEX plumbing throughout, and new vinyl windows. The furnaces and water heaters are newer, and roof is approximately 10 years old. The property does not have central air. (Tenants pay extra monthly for A/C window units) Additional income is generated from the coin operated laundry, which is conveniently available for tenant use and produces approximately $100-$200 per month. The attached garage also includes a storage area with significant additional potential. The space has existing water lines and has been plumbed for a bathroom, offering the possibility of converting the area into a sixth unit or creating additional rental/storage income, subject to applicable zoning, permits, and approvals. Conveniently located within walking distance of Kroger and close to public transportation, shopping, and everyday amenities. Street parking only. Financial information is available to serious, qualified buyers. On-site tours of the apartments are available (with enough advance notice) for serious buyers with a pre-approval letter or proof of funds for cash purchases. See additional rent info in agent to agent notes. Please do not disturb tenants. Please give minimum 48 hour response times on all offers.
35 days on Market
  • Listed by: Emily Huskey 317.271.5959 emilyhuskey@kw.com • Keller Williams Indy Metro Partners
  • Listed by: Jenny Strote 661.877.6380 jennystrote@kw.com • Keller Williams Indy Metro Partners
Last updated: 08/24/2026 09:54 AM • Source: MIBORMLS, MLS#: 22121052

Location

Listing Courtesy of Keller Williams Indy Metro Partners
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$1,940 per month

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Principal and Interest

$1,757

Property Taxes

$183

HOA Dues

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Property Information for 2432 Main Street

Property Details
  • Taxes: $1,098 semi-annually
  • MLS Type: Commercial Sale / Multi-Family 5+
  • Architectural Style: Traditional
  • Township: Anderson
  • Zoning: residential
Building Information
  • Residences: 5
  • Year Built: 1949
  • Lot Size: 0.07 AC / 3,049 SF
Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46016
  • Postal Code Plus4: 5269
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 481113404073000003
  • Semi Annual Property Tax Amt: 1098
  • Tax Exemption: None
  • Tax Year: 2025
  • TaxLot: 48-11-13-404-073.000-003
School Information
  • Middle Or Junior School: Highland Middle School
  • School District: Anderson Community School Corp
Parking
  • Carport Spaces: 0.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Building Information: Storage
  • Current Use: Apt<20
  • Lot Size Square Feet: 3049.0
  • Lot Size Acres: 0.07
  • New Construction: False
  • Possible Use: Apt<20
  • Space Available: 3984
  • Structure Type: Apartment Building
  • Sq Ft Total: 3984.0
  • Year Built Numeric: 1949
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: B H Gedges 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
  • Photos Count: 80
  • Property Sub Type: Multi-Family 5+
  • Property Type: Commercial Sale
  • Transaction Type: Sale
  • Web Link: www.indy.kw.com
Utilities
  • Solid Waste: Yes
  • Sprinkler: None
  • Utilities: Electricity Connected, Natural Gas Connected
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
Interior Features
  • Basement YN: No
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Levels: Two
  • Additional Equipment: Smoke Alarm
  • Laundry Features: Main Level
Multi Family
Multi-Family Information
  • Total Units: 5
  • Garage Parking: On Street
Unit 1
  • Unit Kitchen: 132
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen,Range/Oven,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Wind Unit,Heat Forced
  • Unit Type Type: Apartments
Unit 2
  • Unit Kitchen: 90
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: Apartments
Unit 3
  • Unit Kitchen: 110
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom
Unit 4
  • Unit Kitchen: 110
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Type Type: Apartments
Unit 5
  • Unit Kitchen: 24
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Type Type: Apartments
Rental
Rental Information
  • Multi Tenants: Yes

Property History for 2432 Main Street

DateEvent & SourcePriceAppreciation
Aug 18, 2026

Listed (Active)

MIBORMLS #22121052

$340,000
Feb 6, 2025

Expired

MIBORMLS #22006589

Oct 12, 2024

Listed (Active)

MIBORMLS #22006589

$290,000
DateEvent & SourcePrice
08/18/2026

Listed (Active)

MIBORMLS #22121052

$340,000
02/06/2025

Expired

MIBORMLS #22006589

10/12/2024

Listed (Active)

MIBORMLS #22006589

$290,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2432 Main Street

Taxable ValueLand$10,100Additions$89,600Total$99,700
Tax Record2025$2,197 ($183 / month)
Home Facts
Total Finished SqFt3,984 SqFtAbove Grade Finished SqFt3,984 SqFtStories2Lot Size3,049 SqFtStyleMulti-Family Res (5+ Units)Year Built1949Year Renovated1949CountyMADISONAPN48-11-13-404-073.000-003

Schools near 2432 Main Street

This home is within Anderson Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 7 to 8
Public - 9 to 12
Public - 5 to 6
Rating
School
Distance
Valley Grove Elementary School
PublicK to 5

Highland Jr High School
Public7 to 8

Anderson High School
Public9 to 12

Anderson Intermediate School
Public5 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2432 Main Street is a multi-family home for sale in Anderson, IN 46016. This property was listed for sale on August 18, 2026 by Keller Williams Indy Metro Partners, it's currently listed at $340,000. It has been on the market for a total of 35 days and was last sold on July 7, 2000. This listing's school district is Anderson Community School Corp. Nearby schools include Valley Grove Elementary School, Highland Jr High School and Anderson High School. 2432 Main Street is a 0-bed, 0-bath, 3,984 sqft multi-family home built in 1949.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Indy Metro Partners

Based on information submitted to the MLS GRID as of 08/24/2026 09:54 AM. All data is obtained from various sources and may not have been verified by 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.