# 120 W 5th Street, Anderson, IN 46016

> **TL;DR:** multi-family, $170,000, built 1876.
> Basement. Est. $737/mo. Listed 273 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $170,000 |
| Year Built | 1876 |
| Lot Size | 3,920 sqft (0.09 acres) |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 273 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $737 |
| **Total** | **$737** |

## Nearby Schools

- **Middle:** Highland Middle School

## Key Amenities

- Basement

## Property Highlights

- Built in 1876
- 0.09 acre lot

## Description

### Agent Description
Welcome to 120 and 118 W Fifth Street - a beautifully updated duplex located just steps from downtown Anderson. This property is the perfect blend of classic charm and modern style with great curb appeal and loads of character. This versatile property offers three spacious units with many updates, vintage details, and abundant natural light. With a third unit already in the home, it can be easily be converted into a triplex. All three units have a kitchen, washer/dryer hookup, and bedroom(s). Whether you're looking to house hack by living in one unit and renting out the others or build a short term rental portfolio, this property is great for any investor. The home has easy access to shops, dining, and local amenities, making it ideal for guests or tenants. Don't miss out on this rare opportunity to own a flexible, income-producing property!

## Location

- **Address:** 120 W 5th Street, Anderson, IN 46016
- **County:** Madison
- **Neighborhood:** Hannah & Hazlett
- **Coordinates:** 40.111033, -85.681109
- **Google Maps:** https://www.google.com/maps?q=40.111033,-85.681109

## Listing Agent

- **Name:** Michael Nauman
- **Brokerage:** RE/MAX Advanced Realty
- **Phone:** 3172980961
- **Email:** m.nauman@indyhomepros.com

## Primary Photo

![120 W 5th Street - Primary Photo](http://lh.rdcpix.com/eff27b2e8c7006902b1718ae554ede83l-f1626438500r.jpg)

*21 total photos available on [listing page](https://www.propertysimple.com/listing/120-w-5th-street-anderson-in-46016-22049939)*

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**MLS#:** 22049939 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/120-w-5th-street-anderson-in-46016-22049939)

---

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