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2408 Brown Street

Anderson, IN 46016

ActiveListed Sep 2, 2026 · 36 days on market

Key facts

Lot
0.13 acres
Year built
1900
Type
Residential Income · Triplex
Stories
Two
Garage
2 spaces
MLS #
22124080
County
Madison
Subdivision
No Subdivision

About this home

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.

Description provided by the listing brokerage.

Interior

Security
Smoke Detector(s)

Exterior

Construction
Vinyl Siding
Foundation
Block
Style
Traditional
Parking and garage
Detached

Lot and HOA

Lot features
AccessSidewalks

Schools

School district
Anderson Community School Corp

Taxes

Estimated annual tax
$1,694 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$966per month, estimated
Principal and interest $771Property tax $141Insurance $54
20% · $30,600
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$153,000
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