121 W 13th Street, Anderson, IN 46016

Anderson
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
121 W 13th Street,Anderson, IN 46016
$225,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: alyssa burton
Office: inspired realty
MLS#:22089489
Source:IN_MIBOR

Price summary

  • Price:$225,000

About this home

$3,025/Month Quadplex | Fully Renovated in 2025 | $7,500 Grant Eligible Rare opportunity to own a fully renovated quadplex generating $3,025 in monthly rental income, with tenants paying all utilities, creating a low-expense investment with strong cash flow potential. The property is fully leased with stable tenants, providing immediate income from day one. House Hack Opportunity This property is eligible for a $7,500 owner-occupant grant with no income restrictions, potentially covering most or all of your down payment and closing costs for qualified buyers. Owner-occupants can live in one unit while the remaining units help offset the mortgage, creating a powerful opportunity to build equity while significantly reducing monthly housing costs. Investor Opportunity With $3,025 in monthly rent ($36,300 annually), the property delivers approximately a 1.34% rent-to-price ratio at the $225,000 list price, a metric experienced investors actively seek. Tenants pay all utilities,...

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Home facts

  • Year built:1900
  • Listing ID #:22089489
  • Added:1 day(s) ago
  • Updated:March 16, 2026 at 10:39 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Cellar, Unfinished

Structure and exterior

  • Year built:1900
  • Lot area:0.14 Acres
  • Lot Features:Busline, Curbs, Sidewalks, Street Lights
  • Construction Materials:Wood With Stone

Schools

  • Middle school:Highland Middle School

Utilities

  • Sewer:Sewer

Finances and disclosures

  • Price:$225,000
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