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1504 Dewey Street

Anderson, IN 46016

ActiveListed Oct 19, 2026 · 1 day on market

Key facts

Beds
3
Baths
1 full
Living area
1,160 sqft
Lot
0.15 acres
Year built
1895
Type
Residential · Single Family Residence
Stories
One
MLS #
22130027
County
Madison
Subdivision
Shadeland Continuation

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 single family home at 1405 W 4th Street (22128482) and two duplexes located at 815-821 E 19th Street (22127805) and 1207-1209 E 11th Street (22128023). Potential rental income of $1590/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.

Interior

Appliances
Gas Water Heater
Interior features
Attic AccessEat-in Kitchen
Basement
Unfinished
Laundry
Connections All
Rooms
6
Main-level bedrooms
3

Exterior

Construction
Vinyl Siding
Foundation
Block
Style
A-Frame

Systems

Heating
Forced AirNatural Gas
Water
Private

Schools

Middle school
Highland Middle School
School district
Anderson Community School Corp

Taxes

Estimated annual tax
$1,040 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$491per month, estimated
Principal and interest $378Property tax $87Insurance $26
20% · $15,000
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$75,000
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