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Investor Alert! Don't miss this great single-family ranch home located near downtown Anderson. This turnkey rental property is rented for $1468/mo (HUD - owner pays utilities) - well over the 2% rule!! The home sits on a deep lot and has 3 bedrooms, 1 bathroom, and just over 1000 sq ft of finished living space and a partial unfinished basement. Huge covered front porch and large partially fenced rear yard. No HOA! Excellent location within blocks of downtown Anderson, the property benefits from convenient access to local amenities and public transportation, further enhancing rental demand. If you're looking to expand your portfolio with a cash-flowing rental or prefer a BRRRR strategy, this property provides a golden chance to invest in a rapidly improving area. Capitalize on this opportunity and grow your real estate portfolio today! Property sold as-is.
Property Type(s):
Single Family
| Last Updated | 12/8/2025 | Tract | Peach Place |
|---|---|---|---|
| Year Built | 1920 | Community | 4810 - Madison - Anderson NW |
| County | Madison |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Gas Oven, Gas Water Heater, Refrigerator |
| AREA | 4810 - Madison - Anderson NW |
| BASEMENT | Crawl Space, Partial, Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Eat-in Kitchen |
| LOT | 9583 sq ft |
| PARKING | Gravel |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | Peach Place |
| WATER | Public |
Location
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Listed with Keller Williams Indpls Metro N
Listing information is deemed reliable, but not guaranteed.
© 2025 Metropolitan Indianapolis Board of REALTORS®
© 2025 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2025.

