2701 E 8th St

$425,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investor opportunity! This fully occupied 3-unit apartment complex offers immediate income potential with a total of 8 bedrooms and 5 bathrooms. The property includes two spacious 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit, all with strong rental history and dependable tenants already in place. The home has easy access to shops, dining, and local amenities, making it ideal for guests or tenants, and it's conveniently located near Anderson University. Don't miss out on this rare opportunity...Investor opportunity! This fully occupied 3-unit apartment complex offers immediate income potential with a total of 8 bedrooms and 5 bathrooms. The property includes two spacious 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit, all with strong rental history and dependable tenants already in place. The home has easy access to shops, dining, and local amenities, making it ideal for guests or tenants, and it's conveniently located near Anderson University. Don't miss out on this rare opportunity to own a flexible, income-producing property!
  1. Listed by Greg Cole • Carpenter, REALTORS®

Property Details for 2701 East 8th Street

Subdivision Name
Homewood
Township
Anderson
Waterfront
No
LISTING UPDATED: 10/13/2025 12:05 PM

Property Details for 2701 East 8th Street

StatusActive
MLS #22054341
Days on Market137
Taxes$1,499 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1951
Lot Size0.17 AC / 7,405 SF
CountyMadison County

Location

Listing Courtesy of Carpenter, REALTORS®
Add your commute

Building Information for 2701 East 8th Street

Stories-Residences3Year Built1951Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$2,350 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,100

Property Taxes

$250

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2701 East 8th Street

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46012
  • Postal Code Plus4: 4549
  • Road Access: Frontage Road
  • Road Frontage Type: City Street
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Parcel Number: 481208304083000003
  • Semi Annual Property Tax Amt: 1499
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2024
  • TaxLot: 097
  • Tax Block: 8
School Information
  • Elementary School: Tenth Street Elementary School
  • High School: Anderson High School
  • Middle Or Junior School: Highland Middle School
  • School District: Anderson Community School Corp
Owner
  • Owner Pays: Not Applic
Parking
  • Garage Spaces: 2.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Description: Corner Lot, Curbs, Sidewalks, Mature Trees
  • Lot Size Square Feet: 7492.0
  • Lot Size Acres: 0.17
  • New Construction: False
  • Possible Use: Residential
  • Structure Type: Triplex
  • Year Built Numeric: 1951
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Homewood 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
  • Photos Count: 40
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
Utilities
  • Building Utilities: Separate Gas Meter
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Storage Shed
  • Foundation Details: Crawl Space
Interior Features
  • Basement YN: No
  • Cooling: Central Air, Window Unit(s)
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Levels: Two
  • Laundry Features: Other
Multi Family
Multi-Family Information
  • Total Units: 3
Income & Expenses
  • Expenses: 0
  • Gross Income: $3,050.00
Unit 1
  • Unit Kitchen: 144
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Gas
  • Unit Type Type: 3 Bedroom
Unit 2
  • Unit Kitchen: 135
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Heat Base Bd
  • Unit Type Type: 2 Bedroom
Unit 3
  • Unit Kitchen: 54
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Heat Base Bd
  • Unit Type Type: 3 Bedroom
Rental
Rental Information
  • Tenant Pays: All Utilities

Property History for 2701 East 8th Street

DateEvent & SourcePriceAppreciation
Aug 7, 2025

Listed (Active)

MIBORMLS #22054341

$425,000
DateEvent & SourcePrice
08/07/2025

Listed (Active)

MIBORMLS #22054341

$425,000

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

Public Records for 2701 East 8th Street

Taxable ValueLand$9,500Additions$125,400Total$134,900
Tax Record2024$2,998 ($250 / month)
Home Facts
Baths4Total Finished SqFt2,668 SqFtAbove Grade Finished SqFt2,668 SqFtStories2Lot Size7,492 SqFtStyleTriplexYear Built1951Year Renovated1958CountyMADISONAPN48-12-08-304-083.000-003Fireplace TypeHas Fireplace

Schools near 2701 East 8th Street

This home is within Anderson Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 7 to 8
Public - 9 to 12
Public - 5 to 6
Rating
School
Distance
Tenth Street Elementary School
PublicK to 4

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.

Similar Homes

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2701 East 8th Street is a multi-family home for sale in Anderson, IN 46012. This property was listed for sale on August 7, 2025 by Carpenter, REALTORS®, it's currently listed at $425,000. This listing's school district is Anderson Community School Corp. Nearby schools include Tenth Street Elementary School, Highland Jr High School and Anderson High School. 2701 East 8th Street is a 0-bed, 0-bath, multi-family home built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Carpenter, REALTORS®

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/21/2025 05:35 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.