About This Home
This 2-bedroom, 1-bathroom single family at 1403 W 4th Street in Anderson, IN is listed for $79,900 ($87 per sqft). Built in 1900, the home offers 919 sqft of living space on a 0.15 acres lot.
Key Features
- Built in 1900
- 0.15 acre lot
Property Details
Turnkey, cash-flowing investment opportunity! Welcome to 1403 W 4th St in Anderson, a well-located ranch-style home with a tenant already in place paying $895 per month and responsible for all utilities. This 2-bedroom, 1-bath home offers 919 square feet of functional living space on a spacious .15-acre corner lot with a fully fenced backyard and a detached 1-car garage with additional bump-out storage.
Inside, the home features a large front sunroom, a combined living and dining area, and a generously sized rear utility room with laundry hookups. The property is in solid, rent-ready condition while still offering future upside through cosmetic improvements.
Conveniently located within walking distance of Riley Park and River Bend Park and approximately five minutes from Anderson University. With immediate rental income, tenant-paid utilities, strong fundamentals, and additional value-add potential, this is an excellent opportunity to add a stabilized, turnkey rental property to your portfolio. Property sold as-is. No seller/creative financing.
Monthly Cost Estimate
$427/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1403 W 4th Street
Anderson, IN 46016
Evalyn
Features & Amenities
Interior Features
Property Details
Construction
Pool Features
Heating
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom single family at 1403 W 4th Street is listed at $79,900 ($87/sqft). The estimated monthly payment is $427 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 0.15 acre lot. Interior Features: Attic Access.
This property is listed by Peter Stewart and can be reached at (317) 846-6300.
