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Courtesy of Starr Real Estate LLC, Heather Clemmons, 765-748-5066
20 Beds
11 Baths
10,000 sqft

$869,900

8436 E State Road 32, Anderson IN, 46017

Price per sqft$86.99
Built in1975
Property size10,000 sqft
Property typeMulti-family

Overview

Active

Updated 7 days ago

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.

$5,787/mo

Est. mortgage payment based on a $869,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202632855

Interior Features

Bedrooms
20
Bathrooms
11
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
2.82 Acres

Other Property Details

Taxes
$5,250
Tax Frequency
Annually
Maintenance Expense
$2,000
Pets Allowed
Yes
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Listings courtesy of Indiana Regional MLS as distributed by MLS GRID 

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Data last updated 5:11 AM UTC, 10/3/2026

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