Investment Opportunity - Tri-Plex with Bonus Income Potential! Unlock the potential of this tri-plex investment property! Featuring two spacious 2-bedroom, 1-bath units and a cozy 1-bedroom, 1-bath unit, this property offers diverse rental options. As a bonus, the property includes a 2-car garage, providing additional income potential when rented separately. Located in a desirable area, this is an ideal opportunity for investors looking to generate consistent rental income while building equity. With some strategic updates, this tri-plex could become a standout property in the rental market. Don't miss out-this investment is ready to work for you! Note: 1 unit is rent ready and 2 units need updates. None of the units are rented at this time.
Sold
$90,000
1405 W 5th St, Anderson, IN 46016
5beds
3baths
--sqft
Multi Family, Triplex
Built in 1965
-- sqft lot
$95,600 Zestimate®
$--/sqft
$1,127 Estimated rent
Home value
$95,600
$80,000 - $114,000
$1,127/mo
Zestimate® history
Owner options
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$1,127/mo
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$1,127/mo
Rent Zestimate®
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$437/mo
Est. payment
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$437/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Butch Stanifer 317-289-4145,
Stanifer & Associates Real Est
Bought with:
Zachary Erby
Hashtag Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22012232
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,662 sqft
Details
- Parcel number: 481111402121000003
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Triplex
Condition
- New construction: No
- Year built: 1965
Community & neighborhood
Location
- Region: Anderson
- Subdivision: Evalyn
Price history
| Date | Event | Price |
|---|---|---|
| 4/12/2025 | Listing removed | $800 |
Source: Zillow Rentals Report a problem | ||
| 4/11/2025 | Sold | $90,000-5.3% |
Source:  MIBOR as distributed by MLS GRID #22012232 Report a problem | ||
| 2/7/2025 | Listed for rent | $800 |
Source: Zillow Rentals Report a problem | ||
| 2/1/2025 | Pending sale | $95,000 |
Source: MIBOR as distributed by MLS GRID #22012232 Report a problem | ||
| 1/2/2025 | Price change | $95,000-4.9% |
Source: MIBOR as distributed by MLS GRID #22012232 Report a problem | ||
| 12/11/2024 | Listing removed | $800 |
Source: Zillow Rentals Report a problem | ||
| 11/27/2024 | Listed for sale | $99,900 |
Source: MIBOR as distributed by MLS GRID #22012232 Report a problem | ||
| 7/24/2024 | Price change | $800-5.9% |
Source: Zillow Rentals Report a problem | ||
| 2/2/2024 | Listed for rent | $850+6.3% |
Source: Zillow Rentals Report a problem | ||
| 3/27/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/2/2023 | Listed for rent | $800 |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,418 +9.1% | $70,200 +10% |
| 2024 | $1,300 -0.5% | $63,800 +9.8% |
| 2023 | $1,307 +8.9% | $58,100 -0.5% |
| 2022 | $1,199 +10.4% | $58,400 +9.6% |
| 2021 | $1,087 +2.4% | $53,300 +10.8% |
| 2020 | $1,061 +6.9% | $48,100 +2.6% |
| 2019 | $992 +16.2% | $46,900 +9.1% |
| 2018 | $854 | $43,000 +0.7% |
| 2017 | $854 +0.9% | $42,700 |
| 2016 | $846 +1.2% | $42,700 +2.2% |
| 2014 | $836 | $41,800 |
| 2013 | $836 +1.7% | $41,800 +1.7% |
| 2012 | $822 -12% | $41,100 -12% |
| 2010 | $934 -35.4% | $46,700 -3.1% |
| 2009 | $1,446 | $48,200 |
Find assessor info on the county website
Neighborhood: 46016
Nearby schools
GreatSchools rating
- 3/10Eastside Elementary SchoolGrades: K-5Distance: 2.7 mi
- 5/10Highland Jr High SchoolGrades: 7-8Distance: 4 mi
- 3/10Anderson High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Middle: Highland Middle School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$95,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$95,600
- Indiana
- Madison County
- Anderson
- 46016
- 1405 W 5th St
Nearby cities
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