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1615 Main Street

Anderson, IN 46016

ActiveListed Sep 19, 2026 · 21 days on market

Key facts

Lot
0.11 acres
Year built
1906
Type
Residential Income · Quadruplex
Stories
Two
MLS #
22127133
County
Madison
Subdivision
No Subdivision

About this home

7-unit apartment building generating over $5,000 in monthly gross income! Each unit features 1 bed & 1 bath. Investors, this is your dream asset for an unbeatable price in Anderson! With renovations accomplished throughout the last 2+ years & a historically strong rental demand, this is a true cash flowing investment!!!

Description provided by the listing brokerage.

Interior

Basement
Exterior Entry

Exterior

Foundation
Block

Schools

School district
Anderson Community School Corp

Taxes

Estimated annual tax
$2,892 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,670per month, estimated
Principal and interest $1,336Property tax $241Insurance $93
20% · $53,000
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$265,000
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