Come see this fully occupied triplex, just blocks away from Anderson University campus. There is a history of consistent rental income, and consistent upkeep overtime. The property has close proximity to tons of amenities, major retailers, shops, downtown Anderson, and is just minutes from Mounds State & Shadyside Memorial Parks. The backyard is perfect for relaxing in the evenings or enjoying a bonfire with friends and family. Recent improvements and maintenance include: two new water heaters, installation of additional electrical panel, remodeling of both front & back decks, adding additional laundry room for ADU, new paint & landscaping. Two of the three units have longterm tenants in place through Spring of 2026. The other is month to month. If you're looking for a new investment in a great location - schedule a private tour today!
Sold
$230,000
607 Chestnut St, Anderson, IN 46012
5beds
5baths
--sqft
Multi Family, Triplex
Built in 1941
-- sqft lot
$233,900 Zestimate®
$--/sqft
$890 Estimated rent
Home value
$233,900
$222,000 - $246,000
$890/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 01, 2025 at 07:06pm
Listing Provided by:
Matthew Wehner 765-610-4810,
Gardner Property Group
Bought with:
Karina Oertel
F.C. Tucker Company
Rob Measel
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22054306
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Main level bathrooms: 5
Heating
- Forced Air
Cooling
- Central Air, Window Unit(s)
Appliances
- Laundry: Laundry Room, In Basement
Features
- Basement: Apartment,Partially Finished
Property
Parking
- Parking features: Asphalt
- Details: Unit Parking(On Street, Paved Area)
Features
- Levels: Two and a Half
- Stories: 2
- Exterior features: Balcony, Gas Grill, Fire Pit
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 7,840 sqft
Details
- Has additional parcels: Yes
- Parcel number: 481207301027000003
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Triplex
Materials
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1941
Community & neighborhood
Location
- Region: Anderson
- Subdivision: Walnut Park
Other
Other facts
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2025 | Sold | $230,000-4.2% |
Source:  MIBOR as distributed by MLS GRID #22054306 Report a problem | ||
| 8/20/2025 | Pending sale | $240,000 |
Source: MIBOR as distributed by MLS GRID #22054306 Report a problem | ||
| 8/5/2025 | Listed for sale | $240,000 |
Source: MIBOR as distributed by MLS GRID #22054306 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,259 +0.5% | $110,800 +9.7% |
| 2023 | $2,248 +8.7% | $101,000 +0.5% |
| 2022 | $2,069 +3% | $100,500 +9.5% |
Find assessor info on the county website
Neighborhood: 46012
Nearby schools
GreatSchools rating
- 5/10Tenth Street Elementary SchoolGrades: K-4Distance: 1.5 mi
- 5/10Highland Jr High SchoolGrades: 7-8Distance: 2.6 mi
- 3/10Anderson High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- Middle: Highland Middle School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value$233,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$233,900