A Smart Investment. A Place to Call Home. Newly constructed duplex at 1416 W 6th St, Anderson, IN, an exceptional 2026-built property offering modern comfort, flexibility, and outstanding investment potential. Situated on a generous 5,544-square-foot lot, this thoughtfully designed duplex provides ample outdoor space for privacy, landscaping, recreation, or future enhancements. The contemporary construction offers the benefits of a brand-new property while providing an ideal opportunity for both homeowners and investors. Whether you're a first-time buyer looking for a smarter way to become a homeowner, an investor seeking an income-producing property, or someone wanting to expand their real estate portfolio, this duplex offers exceptional versatility. Why buy a single-family home when you can own a property that has the potential to help pay for itself? Schedule your opportunity to explore this remarkable duplex!
Discover a unique opportunity at 5 W 38th ST, ANDERSON, IN, USA. This 1408 square foot duplex, set on a generous 6098 square foot lot, presents a distinctive living arrangement across its single story. This property offers an intriguing canvas for those seeking flexibility and potential. The duplex configuration provides separate living spaces, ideal for multi-generational living, income generation, or a live-work setup. Each unit within this 1.0-story structure offers the privacy and independence desired in a modern dwelling. Envision the possibilities this duplex offers for a lifestyle tailored to your needs. Property has a newer metal roof and Rhino Shield paint. Billboard on property goes with property and generates income. Schedule your private viewing to fully appreciate the potential of this compelling property.
Duplex Investment Opportunity in Anderson! Looking for an income-producing property with additional upside? 2116 Pearl St. is a duplex offering two units with different layouts and rental potential. One side features a 1-bedroom, 1-bath unit that is currently rented for $725 per month, providing immediate rental income. The second unit offers 3 bedrooms and 1 bath, has been recently updated, and is currently vacant-giving a new owner the opportunity to select their own tenant and establish additional rental income. With a combination of an existing tenant, an updated vacant unit, and flexible living arrangements, this property offers an excellent opportunity for investors looking to add to their portfolio or an owner-occupant looking to offset their housing expenses.
Updated 4-Bedroom Investment Property in Anderson! Investors, take a look at this 4-bedroom, 1.5-bath rental property currently leased for $1,458 per month. Numerous updates have been completed both inside and out, offering a move-in-ready investment with major improvements already in place. The home features a newer roof and furnace, along with updated electrical, plumbing, drywall, paint, and flooring. The kitchen and bathrooms were remodeled in 2024, adding to the home's updated appeal. The main level offers two bedrooms and an updated bathroom, while the upper level features two spacious bedrooms, providing a functional layout with plenty of room for tenants. Currently leased and producing rental income, this property offers an excellent opportunity for an investor looking for a well-maintained rental with significant recent improvements.
7-unit apartment building generating over $5,000 in monthly gross income! Each unit features 1 bed & 1 bath. Investors, this is your dream asset for an unbeatable price in Anderson! With renovations accomplished throughout the last 2+ years & a historically strong rental demand, this is a true cash flowing investment!!!
Excellent investment opportunity at 1627 Brown St in Anderson! Centrally positioned in Anderson. This recently renovated 4-unit apartment building offers immediate rental income along with additional upside potential. The property features four 1-bedroom, 1-bath units, with three units currently occupied and one unit vacant. Current gross rental income is approximately $1,625 per month, with the potential for significantly higher income once the vacant unit is leased and rents are optimized. This an attractive opportunity for an investor looking for a multifamily property with improvements already completed. With four income-producing units under one roof, recent improvements, current rental income, and additional income potential, this property offers a strong opportunity to add a multifamily asset to your portfolio. Don't miss this 4-unit investment property!
Great Duplex Opportunity - Space, Updates & Income Potential! Whether you're looking to expand your investment portfolio or considering a property with multiple living spaces, this well-maintained duplex is worth a look! Each unit offers 3 bedrooms, 1 full bath, a comfortable living room, dedicated laundry space, and a welcoming entry/foyer. Both units provide plenty of living space with practical layouts. Unit A features newer updates and finishes, including new flooring throughout, a spacious laundry room, and plenty of natural light. The downstairs also has a new water heater. Unit B offers 3 bedrooms, 1 bath, laundry conveniently located off the kitchen, and a newer furnace. Outside, you'll find a nice-sized backyard with room to relax, entertain, or enjoy outdoor activities, along with partial fencing for added privacy. This property has been well cared for and maintained, making it a great opportunity for an investor or someone looking for the flexibility a duplex can provide.
Presenting an investment opportunity at 130 W 5th St. in Anderson, IN-a fully occupied, cash-flowing quadruplex offering a unique combination of historic character and versatile living arrangements. The property features four units, each offering hardwood flooring and its own distinct living space. The building has been recently painted, adding to its well-maintained appeal while preserving its historic charm. Residents have access to a coin-operated washer and dryer in the basement, along with designated garage parking and storage space for each unit. The combination of multiple income-producing units, on-site amenities, garage parking, and additional storage provides a practical setup for both residents and investors. This quadruplex presents an opportunity for buyers seeking an income-producing property with historic character, established occupancy, and additional potential for long-term investment.
INVESTOR ALERT!!! Perfect BRRRR opportunity. Re-envision this duplex and make it into a beauty! No wholesalers, no retrades, as-is where is, no repairs or credits will be given. Do your due diligence prior to submitting an offer. Contracted price is the final price. Cash or hard/private money only. Home will not qualify for a traditional loan.
Occupied duplex near Anderson University with established rental history and income already in place. The 520 Ruddle unit offers 2 bedrooms, 1 full bath, living room, kitchen, dedicated laundry and additional finished loft space. The 520 1/2 Ruddle unit includes 1 bedroom, 1 full bath, living room and kitchen. Current base rents total $1,450 per month, with an additional $349 per month collected for gas/propane, bringing current scheduled monthly collections to $1,799, or $21,588 annually. One tenant currently receives HUD rental assistance, and both units are occupied with tenants who have expressed an interest in remaining. Professional property management is currently in place. With existing tenancy, documented rental history and a location near Anderson University, this is an opportunity to acquire an income-producing Anderson duplex without starting from vacancy. Property management statements and recent unit inspection reports are available for buyer review.
This beautifully updated & well maintained brick duplex offers the perfect combination of spacious living, income potential, and a peaceful country setting. Each spacious unit has 4 bedrooms, 2 full baths, walk-in closets, large entries, wide hallways, new updated light fixtures, welcoming great room/dining room combination, eat-in kitchens with all appliances remaining, bathrooms with quartz countertops, convenient laundry rooms with utility sinks, new water pressure tanks 8/2026, and wonderful 3-season sunrooms & patio to relax and enjoy the surrounding scenery. Both sides also include a 1-car attached garage & central air. One unit features a handicap-accessible bathroom with a double, walk-in shower, adding valuable accessibility and convenience. New furnace 7/2025 in one unit. With two spacious units, attached garages, ample bedrooms, and a tranquil country atmosphere, this duplex offers an exceptional opportunity for an investor, owner-occupant, or extended family. Don't miss this unique opportunity to own this updated brick duplex that offers space, versatility, and peaceful country living!
Investment opportunity! This triplex features a two-bedroom unit, a one-bedroom unit, and an efficiency apartment. Renovated in 2024 and recently fully leased for a combined $2250per month, the property offers strong income potential with minimal owner-paid expenses. Tenants responsible for all utilities and lawn care, owner pays monthly stormwater fee of $3.50.A detached garage may also offer potential for conversion into an additional dwelling unit, subject to city approval.
Investor Special! This Anderson duplex checks all the boxes. Rented at $1,600/month its ready to beat the 1% rule. Each unit is separately metered for tenants to cover all utilities. Major updates completed: new siding (2022), some new windows, updated flooring & carpet (2022), plus new appliances, furnace, and water heater (2024). With big-ticket improvements handled and tenant-paid expenses, this is a low-maintenance property with strong cash flow potential. Convenient location near downtown Anderson and easy access to I-69. Ideal addition to any investor portfolio or a perfect house-hack opportunity.
Fully occupied triplex offering immediate cash flow with $2,569/month in gross rental income. This stabilized investment has been renovated in recent years and features a new roof (2023) and new furnace (2022). Long-term tenants have a strong payment history and currently handle lawn care and snow removal. Owner pays water/sewer and gas; tenants pay electric and trash. Offered at $168,000, this property exceeds the 1% rule and presents an excellent opportunity for investors seeking stable income and a well-maintained asset.
Two Homes - One Price House Hack Opportunity If house hacking is your goal, the next owner has the opportunity to move into one home while renting the other without sharing a wall like a traditional duplex. Grant up to $7,500 available for this property. Another option is to live next door to family or friends while maintaining completely separate homes and private living spaces. Investor Opportunity The property is currently leased for $1,750 per month in rental income with tenants paying utilities, creating a simple low-expense rental setup. Tenants have expressed interest in renewing their leases, offering the potential for continued stable occupancy for the next owner. One home has been fully renovated down to the studs, including new drywall, flooring, kitchen, bathroom, and a full electrical rewire. Both homes have also received major improvements such as new roofs, many new windows, exterior updates, and separate electrical meters, helping minimize near-term maintenance. Two homes, rental income, house hack potential, and grant money available. Opportunities offering this level of flexibility and value are rarely available at this price point.
Investment opportunity in Anderson! This two-story triplex offers potential for an investor looking to renovate and add value. The property features multiple living units and is conveniently located near medical facilities, shopping, dining, schools, and other local amenities. A great opportunity to bring your vision to this property and unlock its potential.
A fully renovated, income-ready multifamily opportunity in downtown Anderson. This four-unit property features four studio apartments, each completely updated and outfitted with new HVAC systems and water heaters. Every unit is turnkey and move-in ready, allowing an investor to begin leasing immediately without stress from turnover. As an added bonus, this property is already outfitted and metered for a potential FIFTH UNIT. Very few steps away from converting this property into a 5-plex. With all major systems already replaced and interiors fully renovated, this property offers a low-maintenance path to steady cash flow. It's an ideal addition for investors seeking a stabilized asset or a strong entry point into the Anderson rental market. Schedule your showing today and start generating returns from day one.
Discover the opportunity at 3007-3009 E Lynn ST in ANDERSON, IN. This multifamily property presents a unique chance to own a cash flowing investment property in the heart of Anderson! Gross rents around $1,700 monthly. This two-story property provides ample outdoor space for various activities or future enhancements. We invite you to explore the possibilities this large duplex offers and envision your future portfolio addition!
TurnKey 8Unit Multifamily Portfolio - Fully Renovated & Stabilized Fantastic opportunity to acquire a fully occupied, cashflowing 8unit portfolio consisting of two singlefamily 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 / 1car attached garage SFH #2: 4 bed / 2 bath / 1car 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 brandnew roof on the 4bed SFH This is a turnkey, lowmaintenance 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.
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.
Investment opportunity! This duplex features one bedroom on each side, offering a functional layout with income-producing potential. Each unit has separate utilities, with tenants responsible for their own utility expenses. One side includes a fenced yard, providing additional private outdoor space. The property also features a detached two-car garage for added parking and storage. Great opportunity for an investor looking to add a duplex to their rental portfolio.
CASH-FLOWING TRIPLEX INVESTMENT OPPORTUNITY LOCATED ON CAMPUS OF ANDERSON UNIVERSITY! 3-rental unit triplex with two of the units completely remodeled! Main floor unit (unit 2) has 3 Bedrooms, 1 Bathroom, a large living room, separate dining room, kitchen, and covered front porch. The upstairs unit (unit 3) has a 2 bedrooms, 1 bathroom, living room, kitchen, & an attached 1-car garage. The basement unit (unit 1) has a spacious kitchen, living room, 2 bedrooms, 1 bathroom, an extra bonus room near the laundry with washer & dryer hook-ups. Tenants pay utilities. Great opportunity to add an established multi-family asset to your portfolio!
Welcome to 421 W. 7th St, a duplex in the historic district of Anderson! Recently renovated & updated with interior & exterior work completed! 1 upper unit is vacant while the 2nd is generating $1,100 gross rent. This is a prime investment with high cash flow! Call today!
3-unit high cash flow potential property!!! Centrally located in the heart of Anderson! Each unit is single story. Don't miss the opportunity to add this to your portfolio today!!
All completed in 2016: Vinyl siding, dimensional shingle roof, vinyl windows, 2 high efficiency furnaces and A/C units, 2 water heaters, remodel with LVP flooring, new plumbing and electrical. Shared washer/dryer in basement. Current leases- 1202 unit at $1,410 per month (includes $150 for utilities) expiring 2/28/2027 and 1204 unit at $865 per month (includes $90 for utilities) expiring 10/31/2026. The units have shared gas and water/sewer. The electric is individually metered. Unlock the potential of this duplex, offering an excellent opportunity for investors and owner occupants alike. With strong potential, this property has the potential for a new owner to increase cash flow by capitalizing on higher market rents. Whether you're looking to expand your investment portfolio or get started in real estate, this property offers flexibility and long term potential. Live in one unit while renting the other to help offset (or potentially cover) a significant portion of your mortgage, making it an ideal house hacking opportunity. Don't miss the opportunity to add value and make this property work for your financial goals.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. 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. Properties displayed may be listed or sold by various participants in the MLS. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
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.
