8436 E State Road 32 ***, Anderson, IN 46017
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8436 E State Road 32 ***, Anderson, IN 46017
8436 E State Road 32 ***, Anderson, IN 46017
8436 E State Road 32 ***, Anderson, IN 46017
8436 E State Road 32 ***, Anderson, IN 46017
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Ryan Klingle

Ryan Klingle

+1(812) 296-6000
Listed by Starr Real Estate LLC
$ 874,900
Est. payment /mo
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8436 E State Road 32 *** Anderson, IN 46017

20 Beds

11 Baths

10,000 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Eightplex

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

MLS Listing ID IRM202632855

Bedrooms 20

Full Baths 9

Half Baths 2

HOA Y/N No

Year Built 1975

Annual Tax Amount $5,250

Tax Year 2026

Lot Size 2.820 Acres

Acres 2.82

Lot Dimensions 628x258

Property Sub-Type Eightplex

Property Description

Turn-Key 8-Unit Multifamily Portfolio — Fully Renovated & Stabilized Fantastic opportunity to acquire a fully occupied, cash-flowing 8-unit portfolio consisting of two single-family homes and two triplexes. All units have been updated with new vinyl plank flooring, fresh paint, and modernized kitchens and bathrooms. Driveway has been replaced for improved access. Unit Mix: SFH #1: 3 bed / 1 bath / 1-car attached garage SFH #2: 4 bed / 2 bath / 1-car attached garage — new roof installed Triplex #1: (2) 2 bed / 1 bath units + (1) 1 bed / 1 bath unit Triplex #2: (3) 3 bed / 1.5 bath units, each with attached garage Recent Improvements: New vinyl plank flooring throughout Fresh interior paint Updated kitchens & bathrooms Driveway replacement All roofs less than 5 years old, with one brand-new roof on the 4-bed SFH This is a turn-key, low-maintenance asset ideal for investors seeking stable income and modernized units with strong tenant appeal. Fully occupied and ready to cash flow from day one. Please see the attached doc for more information.

Location

State IN

County Madison County

Rooms

Basement Crawl Space, Slab

Interior

Heating Gas

Inclusions Building, Land

Fireplace N

Exterior

View Y/N true

Total Parking Spaces 12

Building

Lot Description Level

Story Other

Sewer Septic

Water Well

Level or Stories Other

New Construction No

Schools

Elementary Schools Tenth Street

Middle Schools Highland

High Schools Anderson

School District Anderson Community

Others

Pets Allowed No

Tax ID 48-12-11-100-026.000-033

Monthly Total Fees $2, 000

Acceptable Financing IRM202632855

Listing Terms IRM202632855

Special Listing Condition None

Pets Allowed Yes

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202632855

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.

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8436 E State Road 32 ***