Investor Alert! Opportunity knocks with this spacious corner-lot triplex in Anderson, IN!! A major fixer-upper, this property is perfect for investors looking to renovate and generate strong cash flow or flip for a profitable return. With a flexible unit mix-one 3-bedroom, 1.5-bath unit and two 1-bedroom, 1-bath units-this property is a complete rehab project inside and out, offering a blank canvas for those with vision and expertise. Located in a prime, central location, this property is just blocks from St. Vincent Hospital and a quick five-minute drive to downtown Anderson, Anderson University, and Harrah's Casino. Additionally, it's within 10 minutes of multiple golf courses and Mounds State Park, further enhancing its rental appeal. Anderson is undergoing significant revitalization, with hundreds of millions of dollars in investment fueling growth and appreciation. Now is the ideal time to secure a high-potential property in a market poised for long-term gains! Cash or hard money financing only, and no seller financing. Property sold as-is.
Active
Price cut: $10K (4/2)
$65,000
1215 E 28th St, Anderson, IN 46016
5beds
4baths
--sqft
Est.:
Multi Family, Triplex
Built in 1926
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 39 days
- on Zillow |
- 1,155 |
- 49 |
Zillow last checked: 7 hours ago
Listing updated: April 02, 2025 at 06:06am
Listing Provided by:
Peter Stewart peter@peterstewartrealty.com,
Keller Williams Indpls Metro N
Source: MIBOR as distributed by MLS GRID,MLS#: 22027084

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- None
Cooling
- None
Features
- Basement: Unfinished
Property
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced,Chain Link,Partial
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 481219201180000003
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Triplex
Condition
- Fixer
- New construction: No
- Year built: 1926
Community & HOA
Community
- Subdivision: Pences East Lynn
Location
- Region: Anderson
Financial & listing details
- Tax assessed value: $38,300
- Annual tax amount: $856
- Date on market: 3/17/2025
- Tenant pays: Electricity
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