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  • Price cut: $5K (4/25)
    $89,900

    421 W 2nd St, Anderson, IN 46016

    1beds
    1baths
    --sqft
    : 
    Multi Family, Duplex
    Built in 1962
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Side by side layoutFlat lot
    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 brick ranch duplex. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 421 W 2nd St, the duplex sits on a flat lot and has a side by side layout. Each unit features 1 bedroom and 1 bathroom, with all utilities separately metered. 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!
    71 days
    on Zillow
    |
    203
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 25, 2025 at 06:15am

    Listing Provided by:

    Peter Stewart peter@peterstewartrealty.com,

    Keller Williams Indpls Metro N

    Source: MIBOR as distributed by MLS GRID,MLS#: 22021284MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 421 W 2nd St.

    Next available tour time:Today at 12:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Has basement: No

    Property

    Parking
    • Total spaces: 1
    • Parking features: Alley Access
    • Carport spaces: 1
    • Details: Unit Parking(Other)
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 6,098.4 Square Feet
    Details
    • Parcel number: 481112204038000003
    • Special conditions: As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch,Traditional
    • Property subtype: Multi Family, Duplex
    Materials
    • Brick
    Condition
    • Fixer
    • New construction: No
    • Year built: 1962

    Community & HOA

    Community
    • Subdivision: Matters
    Location
    • Region: Anderson

    Financial & listing details

    • Tax assessed value: $50,500
    • Annual tax amount: $1,036
    • Date on market: 2/13/2025
    • Tenant pays: All Utilities
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