Active

8436 E State Road 32

Eightplex • 51Y Old
$869,900 Listed 1 month ago
20 Bedrooms
11 Bathrooms 9 Full & 2 Half
10000 sqft
2.82 Acres
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Property Description

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.

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Property
MLS # 202632855
Date Listed 2026-08-12
Status Active
Property Type Investment
Property SubType Eightplex
Square Feet 10,000 sqft
New Construction No
Style Other
Type Eightplex
Bedrooms 20
Bathrooms 11 (9 Full, 2 Half)
Annual Taxes $4,536.00
Year Taxes Payable 2026
Year Built 1975
Virtual Tour propertypanorama.com »
Days on Market 52
Homestead Year No
Room Dimensions
Living Room 2 × 5 Level
Family Room 550 × 800 Level
3rd Bedroom 1 × Level
Bathroom Locations
Full Baths 20 Main, 1 Lower
External Features
Construction Eightplex
Lot Size 122,839 sq ft
Acreage 2.82 Acres
Lot Dimensions 628x258
Fence None
Location
Area Madison County
County Madison
Subdivision None
Township Union
City Anderson
State IN
Zip 46017
Schools
School District Anderson Community
Elementary Tenth Street
Middle School Highland
High School Anderson
Financial
Assoc. Dues $0.00 Not Applicable
Contact

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MLS# 202632855
Listing Provided Courtesy of Heather Clemmons
Starr Real Estate LLC

Listing updated October 1, 2026 at 1:15 am
Last checked 1 minute ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.