For Sale
House for sale at 8436 E State Rd 32, Anderson, IN 46017 | MLS# 22119884 | Listing updated on 2026-10-26
Photo 1 of House for sale at 8436 E State Rd 32, Anderson, IN 46017 | MLS# 22119884 | Listing updated on 2026-10-26
Photo 2 of House for sale at 8436 E State Rd 32, Anderson, IN 46017 | MLS# 22119884 | Listing updated on 2026-10-26
Photo 3 of House for sale at 8436 E State Rd 32, Anderson, IN 46017 | MLS# 22119884 | Listing updated on 2026-10-26
Photo 4 of House for sale at 8436 E State Rd 32, Anderson, IN 46017 | MLS# 22119884 | Listing updated on 2026-10-26
46+
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Street View

$800,000

Monthly Est:$3,982

  • Beds Icon20 Beds
  • Beds Icon
    37 Baths
  • Beds Icon--sqft

8436 E State Rd 32, Anderson, IN 46017

$3,982/moEst:

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  • Quadruplex

  • Built in 1975

  • $-- HOA

  • 2.82 acres lot

  • --/sqft

Description

TurnKey 8Unit Multifamily Portfolio - Fully Renovated & Stabilized Fantastic opportunity to acquire a fully occupied, cashflowing 8unit portfolio consisting of two singlefamily 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 / 1car attached garage SFH #2: 4 bed / 2 bath / 1car 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 brandnew roof on the 4bed SFH This is a turnkey, lowmaintenance 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.

  • Houzeo last checked: 8 minutes ago
  • Listing updated: October 26, 2026 at 8:09 pm
  • Listing Provided by: Heather Clemmons | Starr Real Estate LLC (765) 288-1711
  • Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID | MLS#: 22119884 Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Madison County

  • City

    Anderson

  • Neighborhood

    --

  • Year Built

    1975

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    2.82 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS

  • MLS Number

    22119884

  • MLS Status

    Active

  • Days on Market

    88

  • Cumulative Days on Market

    76

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 20

    Bathrooms: 37

Utilities & Energy

  • Parking Features

    Attached

Other Features

  • Subdivision Name

    No Subdivision

Price History

DateEventPrice

10/25/2026

Source: mls_logoIndiana Regional MLS-IN #202632855

Price Decreased

$800,000 -6.97%

$80/sqft

10/15/2026

Source: mls_logoIndiana Regional MLS-IN #202632855

Price Decreased

$859,900 -1.15%

$86/sqft

09/30/2026

Source: mls_logoIndiana Regional MLS-IN #202632855

Price Decreased

$869,900 -0.57%

$87/sqft

09/10/2026

Source: mls_logoIndiana Regional MLS-IN #202632855

Price Decreased

$874,900 -12.50%

$87/sqft

08/12/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22119884

Price Decreased

$999,900 -0.01%

$100/sqft

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Based on information from MIBOR REALTOR® Association through Nov 08, 2026, 04:45AM as submitted to and distributed by MLS GRID. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. 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. IDX information is provided exclusively for consumers personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. All Rights Reserved. © 2026 MIBOR REALTOR® Association.

Advertising Broker: Jonah Hartsburg | Hoosier Hub Realty

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