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1202 E 8th

Anderson, IN 46012

ActiveListed Jul 11, 2026 · 67 days on market

Key facts

Lot
0.13 acres
Year built
1920
Type
Residential Income · Duplex
Stories
Two
MLS #
22111608
County
Madison
Subdivision
Chestnut Park

About this home

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.

Description provided by the listing brokerage.

Interior

Basement
Cellar

Exterior

Roof
AsphaltShingle
Construction
Vinyl Siding
Foundation
Block

Systems

Heating
Forced Air
Cooling
Central Air

Schools

Middle school
Highland Middle School
School district
Anderson Community School Corp

Taxes

Estimated annual tax
$4,176 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,313per month, estimated
Principal and interest $902Property tax $348Insurance $63
20% · $35,800
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$179,000
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