Active

$394,900

1338 Ohio Ave, Anderson, IN 46016

4beds

5baths

--sqft

$2,695/mo

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Multi Family, Quadruplex, Apartment

Built in 1900

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Interiors fully renovatedFully renovatedNew hvac systemsCompletely updatedTurnkey and move-in ready

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 returns from day one.

3 days
45
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5
Main level bathrooms: 7

Heating

Zoned

Cooling

Dual, Separate Meters

Appliances

Laundry: Connections Some

Features

Basement: Exterior Entry

Property

Parking

Total spaces: 2
Parking features: Detached
Garage spaces: 2
Details: Unit Parking(On Street, Other)

Features

Levels: Two
Stories: 2
Fencing: Fenced,Full

Lot

Size: 5,227 Square Feet
Features: Access, Other

Details

Parcel number: 481113500005000003
Zoning: multi unit
Special conditions: As Is

Construction

Type & style

Home type: MultiFamily
Architectural style: Contemporary,Other
Property subtype: Multi Family, Quadruplex, Apartment

Materials

Vinyl Siding
Foundation: Block
Roof: Asphalt

Condition

Updated/Remodeled
New construction: No
Year built: 1900

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Jacksons Outlot

Location

Region: Anderson

Financial & listing details

Tax assessed value: $97,200
Annual tax amount: $2,142
Date on market: 8/26/2026
Cumulative days on market: 4 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/26/2026	Listed for sale	$394,900+329.2%
Source: MIBOR as distributed by MLS GRID #22121535 Report a problem
3/7/2023	Listing removed	--
Source: RE/MAX International Report a problem
12/2/2022	Pending sale	$92,000+22.7%
Source: RE/MAX International #21890685 Report a problem
11/23/2022	Sold	$75,000-18.5%
Source: MIBOR as distributed by MLS GRID #21890685 Report a problem
11/7/2022	Pending sale	$92,000
Source: MIBOR as distributed by MLS GRID #21890685 Report a problem
10/27/2022	Listed for sale	$92,000+24.3%
Source: MIBOR as distributed by MLS GRID #21890685 Report a problem
7/31/2007	Sold	$74,030
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,087 +43.5%	$97,200 +3.5%
2024	$1,454 0%	$93,900 +44.5%
2023	$1,454 -0.6%	$65,000
2022	$1,463 -0.4%	$65,000
2021	$1,468 -0.1%	$65,000
2020	$1,470 -52.1%	$65,000
2019	$3,070 +87.9%	$65,000 +22.4%
2018	$1,634 -26.2%	$53,100 +0.8%
2017	$2,213 +109.9%	$52,700
2016	$1,054 +1.7%	$52,700 +1.7%
2014	$1,036	$51,800
2013	$1,036 +1.8%	$51,800 +1.8%
2012	$1,018	$50,900 -8.5%
2011	--	$55,600 +18.8%
2010	$936 -16.9%	$46,800 -16.9%
2009	$1,126	$56,300 +15.4%
2006	--	$48,800 +1.9%
2005	--	$47,900