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$180,000

120 W 5th St Anderson, IN 46016

0.09 acres
Multi-Family

Property details

About 120 W 5th St

Welcome to 120 and 118 W Fifth Street - a beautifully updated duplex located just steps from downtown Anderson. This property is the perfect blend of classic charm and modern style with great curb appeal and loads of character. This versatile property offers three spacious units with many updates, vintage details, and abundant natural light. With a third unit already in the home, it can be easily be converted into a triplex. All three units have a kitchen, washer/dryer hookup, and bedroom(s). Whether you're looking to house hack by living in one unit and renting out the others or build a short term rental portfolio, this property is great for any investor. The home has easy access to shops, dining, and local amenities, making it ideal for guests or tenants. Don't miss out on this rare opportunity to own a flexible, income-producing property!

Highlights

Home typeDuplex
HeatingElectric
StatusActive
BasementYes
Lot size0.09 Acres
Year built1876
MLS #22049939

Summary

  • Basement: Yes
  • Heating: Electric
  • Cooling: None
  • List Price: $180,000
  • Annual Tax Amount: $1,433
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 1876
  • Lot Size: 0.09 Acres
  • MLS Number: 22049939
  • MLS Name: MIBOR
  • Office Name: RE/MAX Advanced Realty
  • Listing Agent: Michael Nauman

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

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DMCA Notice

Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 8:31:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$64,100$1,433
2021$58,800$1,262
2020$55,900$1,232
2019$54,500$1,151
2017$49,400$988

History based on county public records data.

Nearby schools

3

Eastside Elementary School

Public District KG-4

1.8 mi

844 N Scatterfield Rd

2

Anderson Elementary School

Public District KG-4

2.0 mi

2035 Raible Ave

4

Tenth Street Elementary School

Public District KG-4

2.4 mi

3124 E 10th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $31,545. Typical income of Anderson, IN residents is less than $<35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

55%
<35k
31%
35k-100k
11%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

62%
Single, No Kids
19%
Single, with Kids
10%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
29%
18-34 yrs old
37%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Figure SkatingFigure Skating
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Chico'sChico's
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Church's ChickenChurch's Chicken
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • BuickBuick
  • CadillacCadillac
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Anderson, IN

Transportation in Anderson includes a network of roads and highways that connect residents to nearby cities and amenities. Public transit options are available, offering services that facilitate movement around the city. The area's walkability varies, with certain neighborhoods being more pedestrian-friendly than others. Efforts to enhance transportation efficiency and accessibility are ongoing, with improvements to roadways and public transit systems planned or underway.

The community is served by a number of public schools, offering educational opportunities from elementary through high school levels. Healthcare services are available through local clinics and a regional hospital, providing residents with access to essential medical care. The city also features a public library system and a variety of retail and dining options that reflect the local culture.

Anderson prides itself on a strong sense of community and a rich historical heritage. The city is celebrated for its annual events, which include cultural festivals and community gatherings that highlight the local traditions and foster a sense of togetherness among residents.

Anderson's housing market offers a diverse array of options, with single-family homes being a significant presence. Architectural styles in the area range from historic homes with Victorian influences to more contemporary ranch-style dwellings. The market is balanced with a mix of older homes that reflect the city's rich history and newer constructions that cater to modern living preferences.

About 120 W 5th St

The listing price of 120 W 5th St property is $180,000.

The property 120 W 5th St is a multi located in Anderson, Indiana, 46016.

Active Listing: 120 W 5th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 120 W 5th St are: Eastside Elementary School (GreatSchools Rating 3/10), Anderson Elementary School (GreatSchools Rating 2/10), Tenth Street Elementary School (GreatSchools Rating 4/10), Anderson Intermediate School (GreatSchools Rating 3/10), Highland Middle School (GreatSchools Rating 5/10), Pendleton Heights Middle School (GreatSchools Rating 5/10), Excel Center - Anderson (GreatSchools Rating 1/10), Anderson Preparatory Academy (GreatSchools Rating 3/10), Compass Alternative School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $1,433 (source: MLS/based on county public records data).

The year of construction for 120 W 5th St is 1876.

This home is located at 120 W 5th St in Anderson, IN and zip code 46016. Features: 0 bathroom. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $180,000.

In June 2025, from all listings sold in Anderson, IN there were more than 32 sold above asking price, over 41 sold below and more than 22 were sold right at the asked price. Between May and June 2025, Anderson, IN real estate market has seen increase in the number of listings by 0.8%. In June 2025 median list price was $168,500 and the average listing age was 30 days.

From Rocket Homes Real Estate and based on county public records data.

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