$2,611

closing credit¹

124 W 5th St Anderson, IN 46016

$219,900
0.2 acres
Multi-Family

Property details

About 124 W 5th St

Fantastic investment opportunity with this 4-unit apartment building. A perfect house hack for a new investor who can live in one of the units and keep the rest rented out to pay your mortgage or a seasoned investor who will make a lucrative return on investment. Property offers a lot of different opportunities for the right investor.

Highlights

Home typeQuadruplex
StatusActive
Lot size0.24 Acres
Year built1884
MLS #22000909

Summary

  • MLS Number: 22000909
  • MLS Name: MIBOR
  • Office Name: Golden Rule Realty, LLC
  • Office Email: callmichellemac@hotmail.com
  • Listing Agent: Michelle McGuire

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

All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Properties displayed may be listed or sold by various participants in the MLS.

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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Last updated on: 2/3/2025, 10:46:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring a front yard

$219,900

124 W 5th St

$2,611

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 27, 2017
Home Sold
$12,500

Tax history

YearAssessmentProperty Tax
2023$76,300$1,706
2021$73,500$1,581
2020$70,000$1,481
2019$65,500$1,405
2017$58,800$1,176

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. Most Anderson, IN residents have annual incomes less than $<35k. The majority of families are single, no kids. Most 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

About 124 W 5th St

This home is located at 124 W 5th St in Anderson, IN and zip code 46016. Features: 0 bathroom. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $219,900.

In January 2025, from all listings sold in Anderson, IN there were more than 7 sold above asking price, over 34 sold below and more than 13 were sold right at the asked price. Between December and January 2025, Anderson, IN real estate market has seen increase in the number of listings by 0.4%. In January 2025, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $162,875.

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

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