6,129 sqft

$240,000

1422 Central Avenue, Anderson IN, 46016

Price per sqft$39.16

Property size6,129 sqft

Property typeCommercial

Courtesy of RE/MAX Real Estate Solutions, Candy Bair Listing Contact:

Overview

Active

Listed Sep 22, 2026

Updated 2 weeks ago

Investment opportunity featuring seven residential units divided between two buildings. Five units are currently occupied under written leases, generating a total of $3,665 per month in current rent. Two vacant units offer immediate value-add and additional income potential, with further potential for future rent increases. Convenient downtown location near shopping, employment and local amenities. Property is being sold subject to existing leases and tenants' rights. Rent roll and lease information are available.

Additional information

MLS^® ID: 22127214

Interior Features

Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.24 Acres

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