Unique income property featuring a duplex plus a detached ADU. The duplex includes a 3 bed / 1 bath currently rented at $1,325/month, providing immediate cash flow, and a 2 bed / 1 bath rented at $900/month with tenant giving notice, offering near-term upside. The detached 1 bed ADU is vacant and ready for turnover, creating an excellent opportunity to add value and boost total rents. Multiple income streams on one parcel make this a strong option for investors or owner-operators looking to maximize returns.
Income producing duplex available near the heart of downtown Anderson with one unit currently occupied. This duplex used to be a triplex and could be converted back with the second floor being two 1 bed/1 bath units. The building underwent significant electrical, plumbing, and HVAC renovation in 2020. There are 3 gas meters, 3 electrical panels. The upstairs unit (currently vacant) features two bedrooms and 2 full baths and has a gas range, refrigerator, gas furnace and washer and dryer staying as well. The downstairs unit is an occupied two bedrooms and one bathroom unit. Tenant rights apply.
Four units total-studio and one-bedroom on each level. All units tenant-occupied with immediate cash flow. Four separate electric meters, electric heat, roof 3 years old, new electric water heater, updated plumbing, new water lines and new sewer line to the road. Future rent optimization potential adds value upside. Solid, low-maintenance investment.
Fully occupied cash-flow investment property in Anderson. This income-producing asset offers immediate rental revenue with tenants in place, making it an ideal turnkey addition to any investor's portfolio. Convenient location near local amenities, schools, and major routes supports strong rental demand and long-term returns. Price reflects package deal of all addresses listed: 702 W 5th St Anderson IN, 205 N Lincoln Ave Alexandria IN , 1527 Walnut St Anderson IN, 820-822 Howard St Muncie IN.
INVESTOR SPECIAL! Cash-flowing investment opportunity that offers steady rental income potential and low-maintenance ownership, making it ideal for investors looking to expand their portfolio. Conveniently located near local amenities, schools, and major routes, it's a solid addition for long-term returns or value-add strategies. Price reflects package deal of all addresses listed:702 W 5th St Anderson IN, 205 N Lincoln Ave Alexandria IN , 1527 Walnut St Anderson IN, 820-822 Howard St Muncie IN.
RARE OPPORTUNITY! Active short term rental! Rehabbed triplex with positive cash flow history offering 5 beds, 3.5 baths, and strong short-term rental performance. Located at 339 W 11th St, Anderson, IN 46016 this 4,629 sq ft property sits on an 11,232 sq ft lot and features a private parking lot plus a 6-car detached garage. Built in 1890 and beautifully updated, units showcase shaker cabinets, backsplash, and crown molding throughout the kitchens, living areas, and bedrooms. Enjoy added living space with a sunroom and covered porch. All furnishings negotiable for a true turnkey investment or house-hacker's dream with space, charm, and income from day one!
Imagine waking up in a spacious, sunlit home where your mortgage feels like a distant memory-because the rent from one side of this stunning duplex almost covers it all, letting you live practically free. Welcome to this rare gem in Anderson's peaceful Greenbrier Addition, where smart investing meets effortless living. This side-by-side duplex offers two identical, impeccably maintained units, each a generous 3-bedroom, 2-bathroom, 2-story haven spanning over 900 square feet of modern comfort. Perfect for multi-generational families, savvy investors, or anyone ready to turn housing costs into income. Located on a low traffic street, each unit features its own attached one-car garage for secure parking, plus a shared driveway offering extra off-street spots for visitors or additional vehicles. The expansive shared backyard is a blank canvas for summer barbecues, gardening, or simply unwinding under Indiana's big skies. But it's the unbeatable location that seals the deal. Nestled in a family-friendly neighborhood, you're just moments from everyday essentials: stroll to Edgewood Elementary School for the kids' drop-offs, or drive a quick 5 minutes to Highland Junior High and Anderson High School. Grocery runs? Payless Supermarkets and Applewood Payless are under 2 miles away, with Meijer and ALDI just 4 miles down the road for one-stop shopping. Craving a night out? Savor craft brews and pub fare at the acclaimed 1925 PubHouse and Grandview Grille-both less than 2 miles away-or indulge in homestyle comfort at Lemon Drop Diner and Cracker Barrel, all within a 10-minute drive. Health and recreation are equally convenient: Community Hospital Anderson, a top-rated facility with emergency services, sits only 3 miles north, while Ascension St. Vincent is nearby for comprehensive care. Priced to move, this duplex is your ticket to financial freedom & a vibrant community life. Your "free-living" future awaits- reach out to us today!
Are you looking for fantastic cashflow? One price, 4+ units! This property offers a good independent unit in the front with 3 apartments in the back, plus storage area (could be converted into an extra unit). Off-street parking and 2 units recently renovated and ready to rent, some work will get the other unit ready to roll.
BACK ON THE MARKET DUE TO NO FAULT OF THE SELLER! BUYER'S FINANCING FELL THROUGH! INVESTMENT OPPORTUNITY AWAITS! Great investment with this move in ready duplex! Fresh paint and new flooring throughout, make this ready to rent out immediately! The main level offers 2 bedrooms, 1 bath, Kitchen, Living Rm and laundry room. The upstairs unit offers 2 bdrms, living room, kitchen and bath. Kitchen appliances included in both units. Don't miss this great opportunity to add to your portfolio! Property to be sold in AS-IS condition.
Investor opportunity! This fully occupied 3-unit apartment complex offers immediate income potential with a total of 8 bedrooms and 5 bathrooms. The property includes two spacious 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit, all with strong rental history and dependable tenants already in place. The home has easy access to shops, dining, and local amenities, making it ideal for guests or tenants, and it's conveniently located near Anderson University. Don't miss out on this rare opportunity to own a flexible, income-producing property!
Investment property located just minutes from downtown Anderson! This duplex features a 1-bed/1-bath unit and a 2-bed/2-bath unit with separate entry. Tenants pay all utilities and there is a new water line from the street to the home. Whether you are a seasoned investor or just starting your portfolio, this property offers great income potential in a desirable area!
Attention Investors! This downtown gem has loads of potential!!! Recently updated, this building has a finished 3,182 sq. ft ready for your needs. This is actually two buildings, 20 & 22 W. 8th. They have long been combined, there are two doorways through the firewall. The east side features a huge full bath and washer dryer hookups. The building is zoned in the permissive B-2 class allowing business, residential, mixed use and multiunit housing. Located in the heart of downtown on W. 8th. St. It served the prior two owners well as a business, but is in the permissive B-2 zoning class allowing for business, residence, mixed use, or even multifamily! Building includes a large full bath with washer dyer hookups. Full bath is not currently in use. Broker owned; list agent must accompany all showings (your agent is welcome!). Call list agent to schedule showings. Do not attempt to use showing services.
Multi Use commercial/residential building. 100% leased, great cash flow! Three commercial units with multi-year leases w/ extension options. Seven residential apartments. Many recent updates including new HVAC, Parking lot repairs, indoor and outdoor lighting converted to LED for energy efficiency, exterior painting, roofing, sewer line repairs, and a vast amount of interior remodeling for residences. Well-maintained and operated by current owner.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Anderson is located in Indiana. Anderson, Indiana has a population of 54,459. Anderson is less family-centric than the surrounding county with 20.09% of the households containing married families with children. The county average for households married with children is 25.19%.
The median household income in Anderson, Indiana is $40,632. The median household income for the surrounding county is $54,491 compared to the national median of $69,021. The median age of people living in Anderson is 39.2 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 18.6 degrees. The average rainfall is approximately 41.2 inches per year, with 19.2 inches of snow per year.
