For Sale

1212 Meridian St, Anderson, IN for sale

1212 Meridian St,
Anderson, IN 46016

Asset Snapshot

Extended Stay
Multifamily Subtype
1895
Year Built
4
Floor Count
0.03 Acres
Land Area
17 Units
Unit Count
0 SF
Average Unit Size
21,464 SF
Property Size

Offering Summary

Investment Overview

Located in the heart of Downtown Anderson, this historic multifamily property offers established rental income and significant value-add potential. Featuring 13 existing apartments and four partially completed first-floor units, the property presents an excellent investment opportunity with potential for additional rental income upon completion.


Investment Highlights

  • Prime Downtown Anderson Location
  • 13 Existing Multifamily Units
  • Four Partially Completed First-Floor Apartments
  • Established Rental Income
  • Additional Rental Income Potential
  • Historic Architectural Character with Modern Updates
  • Spacious Apartment Layouts
  • Walkable to Downtown Dining, Shopping & Entertainment
  • Value-Add Investment Opportunity

How it Works

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Listing Syndicated From

Buildout
For Sale
$1,750,000
Asking Price

Investment Sales Broker

RC
Robert Coombes
Coombes Real Estate