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2116 Pearl Street

Anderson, IN 46016

PendingListed Sep 26, 2026 · 17 days on market

Key facts

Lot
0.14 acres
Year built
1880
Type
Residential Income · Duplex
Stories
One and one half
Garage
1 space
MLS #
22126754
County
Madison
Subdivision
No Subdivision

About this home

Duplex Investment Opportunity in Anderson! Looking for an income-producing property with additional upside? 2116 Pearl St. is a duplex offering two units with different layouts and rental potential. One side features a 1-bedroom, 1-bath unit that is currently rented for $725 per month, providing immediate rental income. The second unit offers 3 bedrooms and 1 bath, has been recently updated, and is currently vacant-giving a new owner the opportunity to select their own tenant and establish additional rental income. With a combination of an existing tenant, an updated vacant unit, and flexible living arrangements, this property offers an excellent opportunity for investors looking to add to their portfolio or an owner-occupant looking to offset their housing expenses.

Description provided by the listing brokerage.

Exterior

Parking and garage
Detached

Schools

Middle school
Highland Middle School
School district
Anderson Community School Corp

Taxes

Estimated annual tax
$2,292 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$919per month, estimated
Principal and interest $681Property tax $191Insurance $47
20% · $27,000
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$135,000
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