Commercial For Sale near White River
Located just steps from the vibrant campus of Anderson University, this rare portfolio of 10 well-maintained condominiums presents a premier investment opportunity in the heart of Anderson, Indiana. Each unit is currently fully occupied, with strong tenant demand and a waitlist of prospective renters - underscoring the property's desirability and consistent income potential. Boasting a Net Operating Income of $127,000 annually, this asset offers investors immediate cash flow with long-term upside in a growing rental market. The property has been professionally maintained, requiring minimal ongoing capital investment, and benefits from a location that ensures continued tenant interest from students, faculty, and local professionals. Whether you're expanding your portfolio or entering the multifamily market, this stable, income-producing asset delivers both performance and peace of mind.Property Details
- Beds: 0
- Baths: 0.0
- Sq Feet: 17274
- Year Built: 1988
- Location: White River
- County: Madison County
- Roof:
- MLS #: 22056949
Location
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Contact Information:
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Listing Agent: Joshua Hoeft, Coldwell Banker Kaiser, 317-771-5494, 317-843-8446 Listing Site, Listing Status: Active
Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 7149914 |
| Viewed: | 47 times |
| Added: | Jan 16, 2026 |
| Updated on: | Jan 16, 2026 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
