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631 High Street

Anderson, IN 46012

ActiveListed Aug 5, 2026 · 36 days on market

Key facts

Lot
0.16 acres
Year built
1926
Type
Residential Income · Triplex
Stories
Two
Garage
1 space
MLS #
22112869
County
Madison
Subdivision
Bixler

About this home

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!

Description provided by the listing brokerage.

Interior

Basement
ApartmentFinished
Laundry
In Basement

Exterior

Construction
Wood Siding
Parking and garage
Attached

Schools

Elementary school
Eastside Elementary School
Middle school
Highland Middle School
High school
Anderson High School
School district
Anderson Community School Corp

Taxes

Estimated annual tax
$2,094 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,387per month, estimated
Principal and interest $1,134Property tax $175Insurance $79
20% · $45,000
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$225,000
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