Investor Alert! Discover a remarkable investment package conveniently located near downtown Anderson. Part of a broader offering of 6 doors across 5 properties, this particular property is a value-add single family ranch home. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 1830 Nichol Ave, the home sits on an ample flat lot. The home has 2 bedrooms, 1 bathroom, a formal living room, formal dining room, spacious kitchen, and a laundry room. All properties in this portfolio are vacant, offering a blank canvas for renovations. Condition levels vary, and the pricing reflects their as-is status-giving savvy investors a prime opportunity to add value and maximize returns. Located within about one mile of downtown Anderson, these properties also benefit from convenient access to local amenities and public transportation, further enhancing rental demand. Whether you're looking to expand your portfolio with cash-flowing rentals or prefer a BRRRR or flip strategy, this package provides a golden chance to invest in a rapidly improving area. Capitalize on this unique opportunity and grow your real estate portfolio today!
Active
Price cut: $5.1K (4/25)
$69,900
1830 Nichol Ave, Anderson, IN 46016
2beds
943sqft
Est.:
Residential, Single Family Residence
Built in 1895
6,098.4 Square Feet Lot
$68,200 Zestimate®
$74/sqft
$-- HOA
What's special
Formal dining roomAmple flat lotSpacious kitchenLaundry room
- 22 days
- on Zillow |
- 629 |
- 38 |
Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 06:44am
Listing Provided by:
Peter Stewart peter@peterstewartrealty.com,
Keller Williams Indpls Metro N
Source: MIBOR as distributed by MLS GRID,MLS#: 22030614

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Carpet
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Dining room
- Features: Carpet
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Kitchen
- Features: Other
- Level: Main
- Area: 80 Square Feet
- Dimensions: 8x10
Living room
- Features: Carpet
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Gas Oven
Features
- Windows: Wood Work Painted
- Has basement: No
Interior area
- Total structure area: 943
- Total interior livable area: 943 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 6,098.4 Square Feet
Details
- Parcel number: 481114201092000003
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1895
Utilities & green energy
- Water: Municipal/City
Community & HOA
Community
- Subdivision: Wickershams
HOA
- Has HOA: No
Location
- Region: Anderson
Financial & listing details
- Price per square foot: $74/sqft
- Tax assessed value: $43,600
- Annual tax amount: $892
- Date on market: 4/3/2025
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