About This Home

This 4-bedroom, 2-bathroom multi-family at 1523 W 20th Street in Anderson, IN is listed for $140,000. Built in 1950, on a 0.16 acres lot.

Key Features

  • Built in 1950
  • 0.16 acre lot

Property Details

2 full
1950
Listing Description

Updated 4-Bedroom Investment Property in Anderson! Investors, take a look at this 4-bedroom, 1.5-bath rental property currently leased for $1,458 per month. Numerous updates have been completed both inside and out, offering a move-in-ready investment with major improvements already in place.

The home features a newer roof and furnace, along with updated electrical, plumbing, drywall, paint, and flooring. The kitchen and bathrooms were remodeled in 2024, adding to the home's updated appeal. The main level offers two bedrooms and an updated bathroom, while the upper level features two spacious bedrooms, providing a functional layout with plenty of room for tenants.

Currently leased and producing rental income, this property offers an excellent opportunity for an investor looking for a well-maintained rental with significant recent improvements.

Monthly Cost Estimate

$749/mo

20% down · 6.5% · 30 years

Principal$101
Interest$607
Insurance$41

Estimates only. Actual payments may vary.

Location

1523 W 20th Street

Anderson, IN 46016

Grandview

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 1523 W 20th Street is listed at $140,000. The estimated monthly payment is $749 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.16 acre lot.

This property is listed by Katie Blossom.

KB

Katie Blossom

Agent at RE/MAX Real Estate Solutions

Listed by RE/MAX Real Estate Solutions · Broker phone: (765) 640-1900 · View on Broker Site · Broker website

MLS# 22126750· Source: Broker Listing Cooperative®· 32 days on PropertySimple

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1523 W 20th Street, Anderson, IN 46016

Open this listing in: