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Listed by Anthony Robinson • AMR Real Estate LLC
$ 180,000
Est. payment | /mo
0.25 Acres Lot
$ 180,000
Est. payment | /mo
0.25 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision 10Th Sub
MLS Listing ID 22067402
Year Built 1967
Tax Year 2024
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Duplex
Property Description
Turnkey Brick Duplex - Strong Cash Flow & Low Maintenance! 1121/1123 East 31st Street, Anderson, IN 46016 Asking Price: $180,000 Solid investment opportunity! This all-brick duplex is fully rented and generating $1,775/month in gross income. Both units are 2 bedrooms / 1 bath, updated with central A/C added for tenant comfort and long-term value. Unit Details: 1121: $875/month 1123: $900/month (+$25 pet fee) Tenants pay all utilities except stormwater ($7/month), keeping owner expenses low. The property features a large, fully fenced front yard, ideal for pets or outdoor space, plus a detached 2-car garage with a separate storage area. There's also a washer/dryer hookup and gas line already run to the garage for added convenience or potential utility space. With strong rents, low maintenance, and stable tenants, this property delivers solid returns and -a great addition to any investor's portfolio. Monthly Income: $1,775 Annual Income: $21,300 Brick. Cash Flow. Location. Everything investors look for-don't miss this one!
Location
State IN
County Madison
Interior
Fireplace N
Exterior
Garage Spaces 2.0
Building
Story One
Structure Type Brick
New Construction false
Schools
School District Anderson Community School Corp
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Sarah Beth Skidmore And Christie Snapp
Broker