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714 College Dr
Anderson, IN 46012
University Terrace - Portfolio · Multifamily Property For Sale · 10 Units

Investment Highlights

  • 100% occupancy with tenant waitlist
  • Individually parceled condominiums
  • Steps from Anderson University

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single-Family Home
Building Class C
Lot Size 1.09 AC
Building Size 17,274 SF
Average Occupancy 100%
No. Stories 1
Year Built 1988
Parking Ratio 1.16/1,000 SF
Zoning R-4 & B-1 - Residential

Amenities

Unit Amenities

  • Air Conditioning

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 4 $1,600 1,735
2+2 6 $1,600 1,685

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 48-12-07-304-139.000-003
  • 48-12-07-304-143.000-003
  • 48-12-07-304-135.000-003
  • 48-12-07-304-133.000-003
  • 48-12-07-304-140.000-003
  • 48-12-07-304-132.000-003
  • 48-12-07-304-137.000-003
  • 48-12-07-304-141.000-003
  • 48-12-07-304-142.000-003
  • 48-12-07-304-138.000-003
  • 48-12-07-304-136.000-003
Land Assessment
$226,000
Improvements Assessment
$2,489,500
Total Assessment
$2,715,500
  • Listing ID: 37260825

  • Date on Market: 8/13/2025

  • Last Updated:

  • Address: 714 College Dr, Anderson, IN 46012

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