Anderson, IN 46016,1222 Nichol AVE
Anderson, IN 46016,1222 Nichol AVE
Anderson, IN 46016,1222 Nichol AVE
22
Listed by Justin Lowe • Ellsbury Commerical Group
$350,000
$425,000
17.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

0.43 Acres Lot

1222 Nichol AVE Anderson, IN 46016

Est. payment /mo
SOLD DATE : 09/29/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
Karime Michelle Gonzalez

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $350,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 22036964

Sold Date 09/29/25

Year Built 1916

Tax Year 2024

Lot Size 0.430 Acres

Acres 0.43

Property Sub-Type Quadruplex

Property Description

This is a fantastic chance to own a well-located, 4-unit multi-family property in Anderson, Indiana. Perfect for investors looking for immediate income and long-term potential. This property features 4 separate units, offering diverse unit mixes including a 4 bedroom and 3 bathroom apartment. All units have been upgraded with new flooring and fixtures throughout both buildings. Gross monthly rent potential of over $3000 and a cap rate of 9%. Property sits within walking distance to Anderson University. Anderson is an emerging market with a growing rental. Additional information can be obtained by reaching out to the broker.

Location

State IN

County Madison

Interior

Fireplace N

Building

Story Two

New Construction false

Schools

Middle Schools Highland Middle School

School District Anderson Community School Corp

Read Less


MIBOR MLS
Karime Michelle Gonzalez
Karime Michelle Gonzalez

Broker | License ID: 20000346

+1(317) 798-7733 | karimemichelle@epique.me

GET MORE INFORMATION

Name
Phone*
Message