**Request for highest and best offers by 11:00 AM on Wednesday, 12/18.** Great investment opportunity featuring two well-maintained one-story brick buildings with a total of 8 units! The properties located at 411 Central Ave and 414 Ruddle Ave, are divided by an alley and have five concrete parking spaces for each building. Each unit is approximately 700 sq ft, with identical layouts including one bedroom, one bathroom, kitchen, living room, and adjacent dining area. A coin laundry with 2 washers and 2 dryers is located in the Central building and shared by all tenants. These units are two blocks from Anderson University and within minutes of downtown Anderson, city parks and bike paths. Conveniently located and well maintained, these buildings provide the perfect setup for any investment portfolio! Properties sold As-Is. No showings on occupied unit's w/o an accepted offer.
Sold
$507,000
411 Central Ave, Anderson, IN 46012
8beds
8baths
--sqft
Multi Family, Quadruplex
Built in 1972
-- sqft lot
$518,800 Zestimate®
$--/sqft
$1,205 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 08, 2025 at 12:52pm
Listing Provided by:
Cory Parker cory@corysoldmine.com,
RE/MAX Real Estate Solutions
Bought with:
Smita Bakshi
Forthright Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22014883

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Main level bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: Common Laundry
Features
- Has basement: No
Property
Parking
- Parking features: Alley Access, Assigned, Concrete
- Details: Unit Parking(Guest Parking, On Street, Parking Lot)
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.36 Acres
- Features: City Lot, Sidewalks, Trees-Small (Under 20 Ft)
Details
- Additional parcels included: 481207302019.000003
- Parcel number: 481207302166000003
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family, Quadruplex
Materials
- Brick
- Foundation: Block
- Roof: Asphalt
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1972
Community & neighborhood
Security
- Security features: Smoke Alarm
Location
- Region: Anderson
- Subdivision: J M Ruddells
Other
Other facts
- Road surface type: Concrete
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$518,800
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
$518,800