702 W 5th St

$790,000
Price
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Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.

Description

Investor special! Cash-flowing investment opportunity that offers steady rental income potential and low-maintenance ownership, making it ideal for investors looking to expand their portfolio. Conveniently located near local amenities, schools, and major routes, it's a solid addition for long-term returns or value-add strategies. Price reflects package deal of all addresses listed:702 W 5th St Anderson IN, 205 N Lincoln Ave Alexandria IN , 1527 Walnut St Anderson IN, 820-822 Howard St Muncie IN.Investor special! Cash-flowing investment opportunity that offers steady rental income potential and low-maintenance ownership, making it ideal for investors looking to expand their portfolio. Conveniently located near local amenities, schools, and major routes, it's a solid addition for long-term returns or value-add strategies. Price reflects package deal of all addresses listed:702 W 5th St Anderson IN, 205 N Lincoln Ave Alexandria IN , 1527 Walnut St Anderson IN, 820-822 Howard St Muncie IN.
  1. Listed by Jaxyn Holmes • @properties
  2. Listed by Tyler Lingle • @properties

Property Details for 702 West 5th Street

Architectural Style
Traditional
Subdivision Name
Howards
Township
Anderson
LISTING UPDATED: 12/20/2025 05:34 PM

Property Details for 702 West 5th Street

StatusActive
MLS #22077169
Days on Market4
Taxes$731 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1905
Lot Size0.13 AC / 5,662 SF
CountyMadison County

Location

Listing Courtesy of @properties
Add your commute

Building Information for 702 West 5th Street

Stories-Residences4Year Built1905Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

$4,026 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,904

Property Taxes

$122

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 702 West 5th Street

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46016
  • Postal Code Plus4: 1184
  • Road Access: Access Rd
  • Road Frontage Type: City Street
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 481112302219000003
  • Semi Annual Property Tax Amt: 731
  • Tax Year: 2024
  • TaxLot: 13
School Information
  • School District: Anderson Community School Corp
Property
Lot Information
  • Acreage: <1/4 Acre
  • Building Information: Other
  • Current Use: Residential
  • Gross Area SQFT: 2000
  • Lot Description: Corner Lot
  • Lot Size Square Feet: 5760.0
  • Lot Size Acres: 0.13
  • New Construction: False
  • Structure Type: Quadruplex
  • Year Built Numeric: 1905
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Howards Pt E 40' Lot 13
  • Photos Count: 5
  • Property Attached: No
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Utilities
  • Building Utilities: Sewer,Water
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Block, Slab
Interior Features
  • Basement YN: Yes
  • Levels: Two
  • Laundry Features: No Laundry Facil.
Multi Family
Multi-Family Information
  • Total Units: 4
  • Garage Parking: Parking Lot
Income & Expenses
  • Expenses: 0
  • Gross Income: $1,325.00
Unit 1
  • Unit Kitchen: 08x08
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Fuel Elec,Heat Base Bd
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Kitchen: 07x08
  • Unit Levels: 2
  • Unit Miscellaneous: Eat In Kitchen
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Fuel Elec,Fuel Elec,Fuel Elec,Fuel Elec
  • Unit Type Type: 1 Bedroom
Unit 3
  • Unit Kitchen: 08x08
  • Unit Levels: 2
  • Unit Miscellaneous: Eat In Kitchen
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Fuel Elec,Fuel Elec,Fuel Elec,Heat Base Bd
  • Unit Type Type: 1 Bedroom
Unit 4
  • Unit Kitchen: 08x09
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Fuel Elec,Fuel Elec,Fuel Elec,Heat Base Bd
  • Unit Type Type: 1 Bedroom

Property History for 702 West 5th Street

DateEvent & SourcePriceAppreciation
Dec 18, 2025

Listed (Active)

MIBORMLS #22077169

$790,000—
Jan 10, 2023

Sold (Public Record)

Public Record #1508806350

$75,000

+55.3% / yr

Jan 10, 2023

Sold

MIBORMLS #21873050

$75,000—
Nov 9, 2022

Pending

MIBORMLS #21873050

—
Jul 21, 2022

Listed (Active)

MIBORMLS #21873050

$120,000—
Sep 8, 2016

Sold

MIBORMLS #21403261

$35,500—
Aug 29, 2016

Pending

MIBORMLS #21403261

—
Mar 30, 2016

Price Change

MIBORMLS #21403261

$43,900—
Mar 9, 2016

Listed (Active)

MIBORMLS #21403261

$48,500—
Aug 27, 2014

Expired

MIBORMLS #21284059

—
Apr 8, 2014

Listed (Active)

MIBORMLS #21284059

$39,900—
Aug 23, 2011

Sold (Public Record)

Public Record #1119425863

$500

-70.4% / yr

Nov 21, 2010

Expired

MIBORMLS #21027705

—
May 21, 2010

Listed (Active)

MIBORMLS #21027705

$34,900—
Aug 14, 2009

Sold

MIBORMLS #2911129

$6,500—
Jul 14, 2009

Sold (Public Record)

Public Record #1119421261

$6,500—
Jun 5, 2009

Pending

MIBORMLS #2911129

—
Mar 7, 2009

Listed (Active)

MIBORMLS #2911129

$19,900—
DateEvent & SourcePrice
12/18/2025

Listed (Active)

MIBORMLS #22077169

$790,000
01/10/2023

Sold (Public Record)

Public Record #1508806350

$75,000

+55.3% / yr

01/10/2023

Sold

MIBORMLS #21873050

$75,000
11/09/2022

Pending

MIBORMLS #21873050

—
07/21/2022

Listed (Active)

MIBORMLS #21873050

$120,000
09/08/2016

Sold

MIBORMLS #21403261

$35,500
08/29/2016

Pending

MIBORMLS #21403261

—
03/30/2016

Price Change

MIBORMLS #21403261

$43,900
03/09/2016

Listed (Active)

MIBORMLS #21403261

$48,500
08/27/2014

Expired

MIBORMLS #21284059

—
04/08/2014

Listed (Active)

MIBORMLS #21284059

$39,900
08/23/2011

Sold (Public Record)

Public Record #1119425863

$500

-70.4% / yr

11/21/2010

Expired

MIBORMLS #21027705

—
05/21/2010

Listed (Active)

MIBORMLS #21027705

$34,900
08/14/2009

Sold

MIBORMLS #2911129

$6,500
07/14/2009

Sold (Public Record)

Public Record #1119421261

$6,500
06/05/2009

Pending

MIBORMLS #2911129

—
03/07/2009

Listed (Active)

MIBORMLS #2911129

$19,900

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

Public Records for 702 West 5th Street

Taxable ValueLand$6,200Additions$59,600Total$65,800
Tax Record2024$1,462 ($122 / month)
Home Facts
Beds4Baths3Total Finished SqFt2,000 SqFtAbove Grade Finished SqFt2,000 SqFtStories2Lot Size5,760 SqFtStyleSingle Family ResidenceYear Built1905Year Renovated1970CountyMADISONAPN48-11-12-302-219.000-003

Schools near 702 West 5th 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 - 6 to 10
Rating
School
Distance
Eastside Elementary School
PublicK to 4

Highland Jr High School
Public7 to 8

Anderson High School
Public9 to 12

COMPASS Alternative School
Public6 to 10

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

Similar Sold Homes

702 West 5th Street is a multi-family home for sale in Anderson, IN 46016. This property was listed for sale on December 18, 2025 by @properties, it's currently listed at $790,000. It has been on the market for a total of 4 days and was last sold on January 10, 2023. This listing's school district is Anderson Community School Corp. Nearby schools include Eastside Elementary School, Highland Jr High School and Anderson High School. 702 West 5th Street is a 0-bed, 0-bath, multi-family home built in 1905.

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 @properties

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 05:47 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.