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2223 Nichol Avenue

Anderson, IN 46016

– beds
– baths
– sqft
6,316 sqft lot
1930 build

Investor Opportunity! This unique property was originally two separate houses, now connected by two large meeting rooms-the multi-use property with 9,582 sqft, featuring some deficiencies, but priced to sell. The two original homes, one with the potential of a separate, efficient apartment, could serve as residences or generate rental income. The two large open areas could be adapted for various business uses, such as retail, events, or creative studios. It also has several offices for administrative tasks or meetings. A four-bay garage provides ample storage or workshop space. The property is located on a prominent corner, offering easy access from city streets on three sides. This property presents challenges but is priced to sell, making it an excellent opportunity for investors or developers seeking strong returns. Sold AS-IS, it's perfect for someone with a creative vision. With a prime location and plenty of square footage, this building has significant potential

Listing courtesy of MIBOR / Carpenter, REALTORS®

Last checked: Checking… • Last updated Jul 17, 2025 •

MLS# 22051177 —

The Building

Year Built:

1930
New Construction:

false
Foundation Details:

Block
Levels:

Two
Basement:

true
Basement:

Unfinished
Direction Faces:

North

Location

Directions:

GPS Friendly
Latitude:

40.102116
Longitude:

-85.708182

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Triplex
Property Attached:

false
Parcel Number:

481114202104000003
Acres:

<1/4 Acre
Lot Features:

City Lot, Corner Lot, Sidewalks, Storm Sewer, Street Lights, Mature Trees
Lot Size Acres:

0.15
Lot Size SqFt:

6,316 Sqft
Price Per Acre:

526667
Zoning:

Commercial
Additional Parcels:

true
Additional Parcels Description:

48-11-14-202-103.000-003, 48-11-14-202-102.000-003
Fence:

No
Current Use:

Vacant
Possible Use:

See Remarks
Road Access:

Frontage Road
Road Frontage Type:

City Street
Road Surface Type:

Asphalt

Listing Agent

Contact info:

Taxes

Tax Lot:

236
Tax Year:

2024
Tax Exemptions:

Other Tax Exemption/See Remarks
Semi Annual Property Tax Amt:

1991

The Listing

Inspection Warranties:

Not Applicable

Utilities

Building Utilities:

Sewer,Water
Solid Waste:

No

Schools

Elementary School:

Anderson Elementary School
Middle Or Junior School:

Highland Middle School
High School:

Anderson High School
High School District:

Anderson Community School Corp

The Community

Subdivision Name:

Shadeland Continuation

Extra Units

# of Units Total:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/16/25 Jul 16, 2025	Listed / Active	MIBOR	$79,000

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This multifamily located in Anderson, IN 46016 is currently for sale for $79,000. 2223 Nichol Avenue is a – square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Highland Middle School, Edgewood Elementary School, and Anderson High School.

Listing Courtesy of: MIBOR and Carpenter, REALTORS®.

IDX 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 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.

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