Key facts
- Lot
- 0.08 acres
- Year built
- 1937
- Type
- Residential Income · Duplex
- MLS #
- 22127805
- County
- Madison
- Subdivision
- J Thomas
About this home
Amazing opportunity to purchase a balanced 4 property / 6 unit investment portfolio in the established Anderson market. Being sold as part of a portfolio package for $460,000 along with another Duplex located at 1207-1209 E 11th Street (22128023) and 2 Single Family homes at 1405 W 4th Street (22128482) and 1504 Dewey Street (22130027). Potential rental income of $1820/month for this property and a total GRI of $7240 a month for all 6 units combined when utilizing current AHA Fair Market Rent values for each property. Listing agent is actively working with AHA to place tenants in all units. Listing agent will update listing description as tenants are placed. Currently this property is vacant.
Description provided by the listing brokerage.
Schools
- Middle school
- Highland Middle School
- School district
- Anderson Community School Corp
Taxes
- Estimated annual tax
- $1,908 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
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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