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$65,000
2 Beds ⋅ 1 Baths
Attention investors seeking immediate cash flow and strong yield! Located at 2415 Cedar St, Anderson, IN, this single-family investment opportunity is offered at an attractive entry price of $65,000. Featuring 2 spacious bedrooms, 1 full bathroom, and 1,156 square feet of living space across a 1.5-story layout, this property delivers a functional floor plan on a level 0.07-acre lot equipped with a classic covered front porch. The property's central location provides tenants with convenient access to key local attractions, including Anderson University, the historic Paramount Theatre, Mounds State Park, Anderson Speedway, and Harrah's Hoosier Park Racing & Casino. The property is currently tenant-occupied and producing steady rental income of $931 per month, with a lease in place through March 31, 2027. This property easily satisfies the investor-favorite 1% rule, making it an ideal cash-flowing asset right out of the gate. For an investor, this in-place lease means instant, turn-key cash flow from the day of closing with zero initial vacancy, zero advertising expenses, and no tenant-placement hassle. Having a reliable tenant locked in through Spring 2027 provides long-term stability and predictable income to cover your investment. Paired with low annual holding costs, this home keeps your net margins high. When the lease expires in March 2027, you retain complete strategic flexibility: you can choose to sign a lease renewal, adjust rents upward to capture future market growth, or perform selective cosmetic updates to boost forced equity and long-term appreciation. Whether you are expanding an established rental portfolio or securing your first income property, 2415 Cedar St combines a low entry price, minimal holding overhead, strong 1% rule performance, and guaranteed day-one returns. Schedule your showing today to add this turn-key cash generator to your portfolio!

2415 Cedar, Anderson

Listing courtesy of Trueblood Real Estate.

$214,900
MOTIVATED SELLER!! Turnkey Triplex Investment Opportunity in Anderson! Excellent opportunity to own a recently updated triplex with three 1-bedroom, 1-bath units, all currently leased on one-year leases at $850/month per unit. The property currently generates $2,550/month, or $30,600 in annual gross rental income, with tenants responsible for their own utilities, except water. Recent improvements include a newer roof, fresh exterior paint, new exterior lighting, new gutters, and new interior paint throughout all three units. All units feature new flooring and have appliances, as well as new water heaters. Units 1 and 2 offer generous basement space, providing valuable additional storage, and the basement includes washer and dryer hookups for each unit. Unit 3 is a detached accessory dwelling unit. With recent improvements, existing rental income, tenant-paid utilities, $30,600 in current annual gross rental income, a Gross Rent Multiplier of 7.02 and a Cap Rate of 12.87%(minus vacancy & maintenance since newly renovated and rented), this triplex offers an excellent opportunity to add a cash-flowing property to your investment portfolio.

2231 Lincoln Street, Anderson

Listing courtesy of Real Broker, LLC.

$179,900
3 Beds ⋅ 2 Baths
MOVE IN READY & FULLY FURNISHED! 3 Bed 2 Bath 1 Car Attached Garage low-maintenance main floor / one level living in Panorama Condominiums! Tucked away in a quiet cul-de-sac, this immaculate brick ranch condo offers one of the largest floor plans in the development. Inside you'll find open-concept living / dining, spacious primary suite offers a private bath and walk-in closet, while the versatile third bedroom easily functions as a private guest room, home office, or secondary suite. Enjoy complete peace of mind with young, high-ticket mechanicals-including a newer furnace, central A/C (5 years), and newer water heater (5 years), a full roof replacement in 2020, and a brand new garage door. The $225/month HOA fee covers exterior building maintenance, lawn care, and snow removal allowing you to relax on your private rear patio without the hassle of yard work. Ideally located just minutes from Anderson University, Ascension St. Vincent Hospital, Downtown, I-69, and local dining/shopping. Schedule your tour today!

2517 Eric Court, Anderson

Listing courtesy of Green Forest Realty.

$239,900
3 Beds ⋅ 2 Baths
Welcome to 814 Rustic RD, ANDERSON, IN, a captivating single-family residence built in 1965, offering 1294 square feet of inviting living space. This charming ranch-style home is ready for you to move in and begin your next chapter, presenting a unique opportunity for tranquil living. The heart of this home is undoubtedly its thoughtfully designed kitchen, featuring sleek stainless steel appliances and a functional island, perfect for culinary endeavors and casual gatherings alike. The primary bathroom offers a refreshing walk-in shower, providing a spa-like experience within your own home. With three comfortable bedrooms and one full bathroom and an additional half bathroom, this single-story residence provides practical living arrangements. Step outside to discover your private yard, complete with an inviting patio and an outdoor dining area, ideal for entertaining or enjoying quiet evenings. The private outdoor hot tub offers a luxurious escape, while the attached garage provides convenience and additional storage. Discover the lifestyle possibilities that await you at this remarkable property.

814 Rustic Road, Anderson

Listing courtesy of RE/MAX Real Estate Solutions.

$164,900
4 Beds ⋅ 2 Baths
Spacious 4 bedroom, 2 bath home located in the heart of Anderson, IN! This two story home has a great layout with 2 main level bedrooms & bathrooms, and 2 upper bedrooms. Eat-in kitchen is fully updated and includes all new appliances. Both bathrooms have been completely remodeled with all new fixtures. Fresh paint and new flooring throughout make this home truly move-in ready!

822 W 11th Street, Anderson

Listing courtesy of Realty Wealth Advisors.

$54,900
3 Beds ⋅ 1 Baths
Opportunity awaits with this 3-bedroom, 1-bath home in Anderson! Featuring a spacious backyard with convenient alley access, this property offers plenty of potential for the right buyer. The home requires extensive repairs and updates and is being sold as-is, making it an excellent opportunity for investors, flippers, or buyers looking to renovate and build equity. Conveniently located near schools, shopping, restaurants, and major roadways.

2209 E Lynn Street, Anderson

Listing courtesy of Taflinger Real Estate Group.

$119,900
2 Beds ⋅ 1 Baths
Fully remodeled 2 bed with full basement. Fresh paint, all new flooring and brand new kitchen/bath. This home is truly move-in ready! New kitchen offers white shaker cabinets, counters, new SS appliances and LVP flooring. Fully updated bathroom has all new everything! New HVAC and laundry in the refreshed basement space. Adds plenty of storage options! Come see today!

2314 Forkner Street, Anderson

Listing courtesy of Realty Wealth Advisors.

$44,900
2 Beds ⋅ 1 Baths
Opportunity awaits with this 2-bedroom, 1-bath home that's ready for your vision! Whether you're looking for your next flip project, a renovation opportunity, or an addition to your rental portfolio, this property offers plenty of potential. The home is in need of updates and improvements but provides a solid foundation for investors or buyers looking to build equity. With the right renovations, this property could make an excellent rental or affordable home. Don't miss your chance to unlock the possibilities this investor-friendly property has to offer!

2210 Sherman, Anderson

Listing courtesy of RE/MAX Real Estate Solutions.

$280,000
5 Beds ⋅ 3 Baths
Welcome home to this spacious 5-bedroom, 2.5-bath residence offering an incredibly versatile floor plan with room for everyone! Featuring three separate living areas, this home provides endless possibilities for entertaining, relaxing, or creating the perfect home office, playroom, or media space. The main level offers a generously sized bedroom and a beautifully updated full bathroom complete with a tiled walk-in shower, making it ideal for guests or multi-generational living. The spacious kitchen and dining area have been tastefully updated with new cabinetry, countertops, flooring, and stainless steel appliances, creating a modern and functional space for everyday living. Upstairs, you'll find four large bedrooms, including a spacious primary suite featuring two closets and a private half bath. An updated full bathroom with a new vanity, bathtub, and flooring serves the upper level. Newer carpet throughout the home adds warmth and comfort to each room. **Major improvements completed in 2020 provide peace of mind, including a new roof and gutters, two new furnaces, and two new central air conditioning units**. Conveniently located just off Scatterfield Road, this home places grocery stores, shopping, restaurants, and everyday conveniences just minutes away-many within walking distance. If you're looking for space, modern updates, and an unbeatable location, this home is one you won't want to miss!

4412 Alhambra Drive, Anderson

Listing courtesy of RE/MAX Real Estate Solutions.

$405,000
3 Beds ⋅ 3 Baths
Step right up to 1202 N Madison Ave on the golf course in Anderson! This delightful single-family residence, built in 1937, offers a generous 2592 square feet of living space and is in great condition with its hardwood floors, updated kitchen and an amazing view of hole # 4 at the Anderson Country Club Golf Course. The kitchen has a functional layout with stainless steel appliances and a large pantry. This home has naturally hidden storage, which is hard to find for a home of this age. Beyond the main living spaces, you'll find an attached garage and a patio on this sprawling 28,488 square foot lot. Perhaps you'll be lucky enough to be visited by some deer on their morning stroll. You have to see this home in person to see all it has to offer. Schedule your private showing today!

1202 N Madison Avenue, Anderson

Listing courtesy of F.C. Tucker/Prosperity.

$84,900
4 Beds ⋅ 1 Baths
1852 Walnut presents a single-family residence offering 1421 square feet of grand living space. This distinguished property is a unique opportunity for those seeking a home with historical character, charm and generous proportions Encompassing four bedrooms, 1 bathroom, each space is designed to support comfortable living, offering versatility for your various household needs! This property spans a single story, ensuring convenient access throughout. The expansive exterior offers considerable outdoor potential & 2-car garage complementing the indoor living experience. Centrally located & convenient to all avenues of Anderson. To truly appreciate the potential of this home, we invite your private viewing!

1542 Walnut, Anderson

Listing courtesy of Keller Williams Indy Metro Partners.

$89,900
2 Beds ⋅ 1 Baths
Super cute 2 bedroom, 1 bath home would make a great starter home for you or a small family! Huge open living room with hardwood flooring, and a wood burning fireplace. Updated bathroom with newer fixtures. Kitchen has been updated with new countertops and stainless steel appliances. Outside, the property truly shines. Enjoy your morning coffee on the front wood deck with a small porch, or head to the back deck overlooking your expansive 0.46-acre lot. The large gravel driveway provides ample parking and wraps around to the rear of the home, where you'll also find a convenient storage shed for your outdoor tools. Located in a prime eastside location close to Scatterfield Rd amenities

2611 E 10th Street, Anderson

Listing courtesy of RE/MAX Real Estate Solutions.

$189,900
3 Beds ⋅ 2 Baths
Looking for a beautifully renovated home at a great price in Anderson? Your search ends at 901 Alhambra Drive. This 3-bedroom, 2-bath home has been fully updated from top to bottom. Durable LVP flooring runs throughout, while the kitchen shines with quartz countertops, stainless steel appliances, and a stylish tile backsplash. Both bathrooms feature modern vanities and tiled showers with glass doors. Convenient laundry hookups are tucked into a dedicated closet. The primary suite sits apart from the other bedrooms and includes a private bath, spacious closet, and a true retreat-like feel. The two additional bedrooms are well-sized and versatile. A fenced backyard provides a private outdoor space perfect for relaxing or entertaining. Outside, the striking black-and-white exterior makes a strong first impression. With a new roof, appliances, top of the line Carrier HVAC with 10 year warranty, and water heater already in place, you can move in and enjoy with minimal maintenance ahead. Come see it for yourself today!

901 Alhambra, Anderson

Listing courtesy of Trueblood Real Estate.

$209,900
3 Beds ⋅ 1 Baths
This updated ranch-style home offers a functional layout with three bedrooms, a beautiful remodeled bathroom, and an attached two-car garage. The interior has been refreshed with new paint throughout and features newer windows that provide ample natural light. The main living area includes a spacious living room with a gas fireplace and new vinyl plank flooring that extends into the kitchen. The kitchen is equipped with a center island, a pantry, a breakfast room, stainless steel appliances, and a tiled backsplash. All three bedrooms are finished with new carpeting and have plenty of closet space. Situated on a large lot, the exterior includes a covered front porch and a covered back patio perfect for relaxing in the shade. This home is move in ready!

1301 Morningside Drive, Anderson

Listing courtesy of Compass Indiana, LLC.

$99,900
2 Beds ⋅ 1 Baths
Welcome home to this beautifully updated bungalow in the heart of Anderson! Whether you're a first-time homebuyer, looking to downsize, or searching for a turnkey investment property, this charming home offers the perfect blend of character, comfort, and convenience. Inside, you'll find a bright and inviting living space with thoughtful updates throughout. The well-designed kitchen that provides additional counter space, seating, and the perfect gathering spot for family and friends. The updated bathroom showcases modern finishes, giving the home a fresh, move-in-ready feel. Outside, enjoy your own private backyard-ideal for entertaining, gardening, pets, or simply unwinding after a long day. The welcoming front porch adds even more charm and creates the perfect place to enjoy your morning coffee or relax in the evening. This home combines timeless character with today's modern updates. Conveniently located near shopping, restaurants, parks, schools, and major roadways, you'll enjoy easy access to everything Anderson has to offer.

2618 E 8th Street, Anderson

Listing courtesy of CENTURY 21 Scheetz.

$44,900
2 Beds ⋅ 2 Baths
Fixer upper brick one story near downtown Anderson, IN. This property is listed as a single family residence, but has obviously been used as a duplex in the recent past. Needs extensive work, but priced accordingly.

1028 W 10th Street, Anderson

Listing courtesy of Realty Wealth Advisors.

$118,000
2 Beds ⋅ 1 Baths
Come take a look at this charming brick ranch-style home featuring 2 bedrooms and 1 bath. Beautiful hardwood floors run throughout the home. The custom maple wood cabinets in the kitchen brighten the space and add to its appeal. This well-maintained home also features a nice backyard with a storage shed, along with a covered back porch that's perfect for enjoying the outdoors and the landscaping. Get up to $7,500 to use toward your down payment, closing costs, or housing counseling through the community home buying grant. Available to eligible borrowers who meet income limits.

3710 Saint Charles Street, Anderson

Listing courtesy of RE/MAX Real Estate Solutions.

$119,900
3 Beds ⋅ 1 Baths
Welcome to 2607 E 8th Street in Anderson! This charming brick ranch offers three bedrooms, one full bathroom, and 986 square feet of comfortable, single-level living space. Situated on an approximately 7,500-square-foot lot, the home features a private backyard, storage shed, and detached garage built in 1999. Updates include attic insulation in 2009, an electrical panel in 2011, a furnace and roof in 2022, and a water heater in 2023. Conveniently located near shopping, dining, and other Anderson amenities, this home offers plenty of potential. Schedule your private showing today!

2607 E 8th Street, Anderson

Listing courtesy of Trueblood Real Estate.

$137,000
Welcome to 421 W. 7th St, a duplex in the historic district of Anderson! Recently renovated & updated with interior & exterior work completed! 1 upper unit is vacant while the 2nd is generating $1,100 gross rent. This is a prime investment with high cash flow! Call today!

421 W 7th, Anderson

Listing courtesy of Keller Williams Indy Metro Partners.

$134,900
3 Beds ⋅ 1 Baths
WAW! Glorious! Amazing! Completely renovated house in quite community. Great neighborhood location and proximity to everything one needs! Spacious floor plan. Fresh neutral paints inside and outside. Beautiful luxury vinyl flooring throughout main level. Upstairs had new carpet, Stunning kitchen area with upgraded cabinets and upgraded countertops, and stainless-steel appliances with built in microwave. New Bath tub, new vanity and new toilet, new light fixtures throughout. Freshly painted back porch with deck where you can have cool breeze while watching, Perfect for family gathering or entertaining. Easy access to I-465, downtown, restaurants, and shopping- all for an outstanding price! MUST SEE!

3622 E Lynn Street, Anderson

Listing courtesy of @Home Indiana.

$225,000
5 Beds ⋅ 3 Baths
Welcome to this beautiful home conveniently located near restaurants, stores and downtown. This house comes with 4 bedrooms and 2/1 bathrooms and a nice backyard fence all around. The main level features a spacious great room that flows seamlessly into the kitchen and dining area, creating a comfortable gathering space for family and friends. The outside, enjoy a manageable yard with room for pets, play, gardening, or relaxing evenings outdoors. The attached 2-car garage offers additional storage and convenience. Schedule your private showing today and discover everything this home has to offer.

409 W 7th Street, Anderson

Listing courtesy of F.C. Tucker Company.

$145,000
3 Beds ⋅ 1 Baths
Discover an inviting home at 705 Lennox ST, ANDERSON, IN. Built in 1934, this 957 square foot single-family residence is ready for you to move in and begin your next chapter. The residence offers three comfortable bedrooms, providing ample personal space. A full bathroom serves the home's needs with practical design. Enjoy the convenience of an attached garage, offering secure parking and additional storage. The property also features a pleasant patio, perfect for outdoor relaxation or entertaining. This 1.5-story home sits on a generous 5824 square foot lot, providing a sense of spaciousness. This property presents a wonderful opportunity to embrace comfortable living; schedule your personal viewing today.

705 Lennox Street, Anderson

Listing courtesy of Keller Williams Indy Metro NE.

$164,900
2 Beds ⋅ 1 Baths
1 ACRE! Well maintained cozy 2 Bedroom home on 1 full Acre. Spacious Living Room with Dining Room combination. Large Eat-in-Kitchen with Breakfast Room, appliances, and laundry area. Updated Full Bath. Enclosed Front Porch. Vinyl Replacement windows. Total electric with gas available. Amazing covered/pavilion style rear wood deck. Open concrete rear Patio. Huge 1 Acre yard with mature tree gives you room to breath and perfect to entertain, work, garden, or play. Included storage sheds and chicken coop.

5028 Columbus Avenue, Anderson

Listing courtesy of Keller Williams Indy Metro NE.

$145,000
3 Beds ⋅ 2 Baths
Discover a truly inviting home at 2519 Jackson ST, Anderson, IN, USA. This 2316 sq ft single-family residence is ready for you to move in and begin your next chapter, offering a comfortable and aspirational lifestyle. The heart of this home is its open-plan kitchen, seamlessly flowing into the living room. This design fosters connection and ease, perfect for both everyday living and entertaining guests. The spacious bathrooms provide a serene retreat, designed for comfort and functionality. With two full bathrooms, convenience is assured for all residents and visitors. This delightful 1.5-story residence features three comfortable bedrooms, offering ample private space. Outside, a private yard provides a personal sanctuary, complemented by a charming porch where you can enjoy the outdoors. Embrace the opportunity to experience the thoughtful design and inviting atmosphere of this exceptional property.

2519 Jackson Street, Anderson

Listing courtesy of eXp Realty, LLC.

$140,000
4 Beds ⋅ 2 Baths
MOVE RIGHT IN! 4 Bed 1 1/2 Baths with a 1 car detached garage. Fully fenced yard provides a serene outdoor retreat, complemented by a welcoming porch, ideal for relaxation. The heart of this home is the thoughtfully designed open floor plan that seamlessly connects all rooms on the main level. The dining and kitchen feature sleek stainless steel appliances and a functional island, complete with an integrated sink, perfect for both meal preparation and entertaining friends / family. This two-story residence offers ample living space with four comfortable bedrooms. Beyond the main living areas, you'll find a versatile basement, offering potential for storage or future customization, hobbies, office space, and utility room. Experience the blend of classic architecture and modern living that this exceptional property offers; schedule your private viewing today.

925 W 7th Street, Anderson

Listing courtesy of Green Forest Realty.

$114,900
3-unit high cash flow potential property!!! Centrally located in the heart of Anderson! Each unit is single story. Don't miss the opportunity to add this to your portfolio today!!

2403 Fletcher, Anderson

Listing courtesy of Keller Williams Indy Metro Partners.

$130,000
3 Beds ⋅ 2 Baths
Welcome home to this well-maintained 3-bedroom, 1.5-bath property offering plenty of space and recent updates throughout. The main level features a spacious living room that's perfect for relaxing or entertaining, along with an updated kitchen complete with newer appliances and modern finishes. You'll also find two comfortable bedrooms and an updated full bathroom on the main floor. Upstairs, the generously sized third bedroom offers fresh paint and new carpeting, creating a bright and inviting retreat. The finished lower level provides a huge family room or recreation area, giving you the flexibility for a second living space, home theater, playroom, or home office. Outside, you'll appreciate the detached one-car garage and additional outdoor space

3100 Sheridan Street, Anderson

Listing courtesy of RE/MAX Real Estate Solutions.

$119,000
3 Beds ⋅ 1 Baths
3-bedroom, 1-bath home with plenty of potential. Features an oversized living room and a flexible floor plan. The mudroom includes a closet and could be used as a 4th bedroom, while also providing access to the enclosed back porch. The fully fenced backyard includes two storage sheds. Whether you're looking for an investment property or a home to update and make your own, this property offers a great opportunity.

612 Hawthorne Avenue, Anderson

Listing courtesy of Right Home Realty LLC.

$85,000
4 Beds ⋅ 1 Baths
Character hunters, restoration buyers, and investors stop scrolling. 327 E 37th is a rare 1927 storybook brick and shake charmer, packed with the original architectural personality that flippers PAY UP to have and buyers cannot fake later. Steep gable rooflines with an updated roof, gorgeous curb appeal wrapped in mature landscaping on a generous double lot (0.235 acre, unusual for this neighborhood). Inside, the character is real: original brick wood-burning fireplace, French doors with divided-light glass, arched interior doorways, TWIN built-in corner china cabinets with arched glass fronts flanking the dining room window, decorative wrought-iron staircase railing, and hardwood floors under carpet plus fully exposed on the upstairs level. Three bedrooms and a full bath across 2,044 sqft above grade in a smart 1.5 story layout: 2 bedrooms and the full bath on the main level, PLUS a fully finished upstairs with a dedicated bedroom AND a bright open living or office space with hardwoods and big windows. Full unfinished concrete-block basement gives you dry mechanical space today and finishing potential tomorrow. Oversized 720 sqft detached garage (2.5 to 3 car) is a workshop, hobby, or storage rental dream. Sold strictly AS-IS. Cosmetically original throughout, plaster repair needed, and the vintage yellow-and-coral kitchen is ready for its glow-up, but the bones and character are there. Anderson location close to schools, shopping, parks, and quick I-69 access to Indianapolis. Cash and renovation loans preferred. Rare storybook at a great value.

327 E 37th Street, Anderson

Listing courtesy of Real Broker, LLC.

$249,900
3 Beds ⋅ 2 Baths
Move right into this beautifully updated 3-bedroom, 1.5-bath home situated on a .24-acre corner lot on the south side of town! Featuring two spacious living areas, this home offers plenty of room for everyday living, entertaining, or creating the perfect flex space for your family's needs. The welcoming family room is highlighted by a cozy fireplace, while the entire home has been refreshed with new flooring and fresh paint, creating a bright, modern feel throughout. You'll love the attached garage, which has been finished with drywall, fresh paint, and a durable epoxy-coated floor, making it ideal for parking, projects, or extra entertaining space. Major mechanical updates provide peace of mind, including a roof that's less than 5 years old and a high-efficiency furnace and central air conditioning system that's only 3 years old. Outside, the large corner lot offers plenty of room to enjoy the outdoors and includes two newer utility sheds, providing excellent storage for lawn equipment, tools, and seasonal items. With its extensive updates, desirable location on the south side of town, modern mechanicals, and move-in-ready condition, this home is one you won't want to miss. Schedule your private showing today!

1520 E 42nd Street, Anderson

Listing courtesy of RE/MAX Real Estate Solutions.

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