Investment opportunity! This two-story duplex offers immediate income potential with one side occupied already and the other ready for a new tenant. Unit 1308 is currently vacant featuring 2 bedrooms and 1 full bath - perfect for owner occupancy or your next renter. Unit 1310 is tenant occupied and offers 3 bedrooms and 1 full bath, providing built-in rental income from day one! Whether you're looking to expand your investment portfolio or start your journey into multi-family ownership, this property offers flexibility, income potential, and a great opportunity to build equity. Listing photos are of 1308 side. Photos of 1310 can be received upon request to listing agent.
Experience modern living and strong investment potential with these brand-new construction duplexes in Anderson, Indiana. Each thoughtfully designed unit features 2 spacious bedrooms and 2 full bathrooms with luxury high-end finishes throughout. Enjoy elegant granite countertops, stainless steel appliances, and beautifully designed bathrooms with tiled shower surrounds and granite vanity tops. Built with both style and functionality in mind, these duplexes offer open-concept living spaces, modern finishes, and low-maintenance new construction for peace of mind. Whether you're an investor looking for strong rental income potential or a buyer seeking a beautiful new home, these duplexes are the perfect opportunity. Secure your brand-new duplex today and invest in the growing Anderson market.
Welcome to this fully remodeled Triplex in Anderson. Each unit has 1 bed, 1 bath, featuring brand new paint, flooring, bathrooms and kitchens. Two Units are located on the main floor, the third and largest unit has stair access from the front of the home. All big ticket items have also been taken care of, Newer roof, new windows, Updated mechanicals, electric, and plumbing. This could be a opportunity to own your next rental or house-hack. Parking is available in the front, and in the rear of the home. All Units currently rented, on a month-to-month basis. All units are legally separated and individually metered. Two 50 gallon water heaters, running on a RUBS system.
Own a piece of history with this beautifully converted triplex, offering both charm and strong income potential. This unique property features three separate levels, each designed with its own private entrance, 2 bedrooms, full kitchen, living area, and full bath-ideal for tenants seeking comfort and privacy. With an estimated rental income of up to $3,200 per month, this is a fantastic opportunity for investors or owner-occupants alike. Recent updates include new flooring and fresh paint throughout, along with updated kitchens on the first and third levels. The third floor is also equipped with mini-split systems for efficient heating and cooling. Prefer to make it your own? This versatile property can easily function as a spacious single-family home, offering 7 bedrooms, 3 full baths, and 3 kitchens-perfect for multi-generational living or in-law suites. Whether you're looking to expand your portfolio or create a home with room to grow, this property delivers flexibility, character, and value.
This package features three consistently high-demand rental duplex properties (6 units) situated in the Anderson, IN market. The portfolio offers a secure, well-managed investment with immediate upside potential. Stable Income Stream: The properties demonstrate strong, reliable cash flow, supported by excellent historical rent collection and exceptional occupancy rates (minimal historical vacancy). Turnkey Efficiency: Current owners have meticulously maintained the units, significantly minimizing the need for immediate Capital Expenditure (CapEx). Value-Add Opportunity: Current rents are below prevailing market rates for comparable local properties, providing a clear path for substantial income growth through gradual rent increases to achieve market value. Tenant Stability: Due to diligent maintenance, the properties have high long-term tenant satisfaction, contributing to low turnover. Seller will sell individually or as a group-addresses: 403-405 W 5th St, 615-615 1/2 Madison and 1815 - 1815 1/2 Fletcher.
This package features three consistently high-demand rental duplex properties (6 units) situated in the Anderson, IN market. The portfolio offers a secure, well-managed investment with immediate upside potential. Stable Income Stream: The properties demonstrate strong, reliable cash flow, supported by excellent historical rent collection and exceptional occupancy rates (minimal historical vacancy). Turnkey Efficiency: Current owners have meticulously maintained the units, significantly minimizing the need for immediate Capital Expenditure (CapEx). Value-Add Opportunity: Current rents are below prevailing market rates for comparable local properties, providing a clear path for substantial income growth through gradual rent increases to achieve market value. Tenant Stability: Due to diligent maintenance, the properties have high long-term tenant satisfaction, contributing to low turnover. Seller will sell individually or as a group-addresses: 403-405 W 5th St, 615-615 1/2 Madison and 1815 - 1815 1/2 Fletcher.
This package features three consistently high-demand rental duplex properties (6 units) situated in the Anderson, IN market. The portfolio offers a secure, well-managed investment with immediate upside potential. Stable Income Stream: The properties demonstrate strong, reliable cash flow, supported by excellent historical rent collection and exceptional occupancy rates (minimal historical vacancy). Turnkey Efficiency: Current owners have meticulously maintained the units, significantly minimizing the need for immediate Capital Expenditure (CapEx). Value-Add Opportunity: Current rents are below prevailing market rates for comparable local properties, providing a clear path for substantial income growth through gradual rent increases to achieve market value. Tenant Stability: Due to diligent maintenance, the properties have high long-term tenant satisfaction, contributing to low turnover. Seller will sell individually or as a group-addresses: 403-405 W 5th St, 615-615 1/2 Madison and 1815 - 1815 1/2 Fletcher.
Investor special or savvy home-owner! Check it out! This one bed one bath duplex is available to add to your portfolio, or move into one side and generate income and offset living expenses. The 821 side is vacant and the 815 is occupied.
Welcome investor or savvy home-owner! With two units, this duplex is ready to add to your portfolio or move into one side and generate income with the other side. The 1207 side is a 1 bed 1 bath unit and the 1209 side is a 2 bed 1 bath side. The 1207 side is currently occupied and 1209 side is ready for move in. With a deep lot and quiet street, this makes for a great home for long term residents or peaceful savvy home-owner looking to offset living expenses or generate some additional income.
Investment opportunity in the historic district of downtown Anderson. This well-maintained four-plex offers four units, each featuring 2 bedrooms and 1 full bath. Interiors have been updated with quartz countertops and newer cabinetry, providing modern and functional kitchen spaces. Each unit includes in-unit laundry hookups and one designated parking space. Property offers strong rental potential with income in line with the 1% rule. Ideal opportunity for investors seeking steady cash flow in a desirable location.
Turnkey Duplex - Owner Occupy or Value-Add Investment Fully renovated in 2025, this solid brick duplex offers the perfect blend of durability, functionality, and long-term upside. Featuring two spacious 2 bed / 1 bath units (4 bed, 2 bath total), the property also includes a 2-car garage, utility shed, and a large yard. Both units are currently occupied, providing immediate income, with rents below market-leaving room for future increases and improved returns. The recent interior renovations make this a low-maintenance option for investors or an ideal setup for an owner-occupant looking to offset their mortgage with rental income. Priced in line with recent duplex sales in the immediate area, this property offers strong value, long-term durability with its all-brick exterior, and flexibility for both investors and homeowners alike. Whether you're looking to house hack or expand your portfolio, this is a rare opportunity to secure a clean, updated duplex with built-in upside.
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. 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 $1,700 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.
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.
1432 Ohio Ave, presenting a prime investment in the city of Anderson! This large 4-unit building has recently experienced an extensive six figure renovation & is now up for sale with income generating $2,800 monthly. This property is in the heart of Anderson making this a top tier location for tenant living & investment potential! Add this high-quality investment to your portfolio!
309 W 29th St, Anderson is a solid single-story ranch-style duplex featuring two 1-bedroom, 1-bath units. Each side offers basement space, laundry hookups, and a practical mudroom, providing added storage and everyday convenience. The property is centrally located and just minutes from downtown, shopping, dining, and other nearby amenities. A large backyard and on-site parking add to the appeal. This versatile property is a great fit for investors, owner-occupants, or anyone looking for a well-located duplex with strong potential.
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.
Great first time home or investment opportunity in Anderson. Take advantage of this conveniently located property with 2 bedrooms and 1 bath plus a full basement. The property has off street parking and a 2 car detached garage. It also features a bonus upper 1bedroom, 1 bathroom apartment with a separate stair and entrance.
POLE BARN, OUTBUILDING WITH ELECTRICAL AND WORKSHOP. A MECHANIC'S DREAM BUILDING. Located at 1507 W 7th ST, Anderson, IN, this duplex in Madison County has been updated with newer plumbing, electrical, and flooring, windows and more., This property offers a Large outbuilding for mechanics, storage, workshop and more! This property also has incredible potential for income with a 3/2 on one side and a 1/1 on the other. This two-story property with an incredible, large outbuilding is waiting for you to come and see all it has to offer. This charming, duplex offers a remarkable chance to create a living space or live in one side and rent the other. This home is tailored to your unique vision.
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!
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.
