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!
Active
Price cut: $5K (4/25)
$89,900
421 W 2nd St, Anderson, IN 46016
1beds
1baths
--sqft
Est.:
Multi Family, Duplex
Built in 1962
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Side by side layoutFlat lot
- 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#: 22021284

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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
- Loading
- Loading