1612 Cincinnati Avenue, Anderson, IN 46016

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1612 Cincinnati Avenue,Anderson, IN 46016
$59,000
  • 3 Beds
  • 2 Baths
  • 1,080 sq. ft.
  • Single family
  • Pending
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22075418
Source:IN_MIBOR

Price summary

  • Price:$59,000
  • Price per sq. ft.:$54.63

About this home

Investor Alert! Don't miss this great single-family ranch home located near downtown Anderson. This turnkey rental property is rented for $800/mo (HUD - tenant pays utilities) - well over the 1% rule!! The home sits on a corner lot and has 3 bedrooms, 1.5 bathrooms, and just over 1000sq ft of finished living space. Detached 2 car garage. No HOA! Excellent location within one mile of downtown Anderson, the property benefits from convenient access to local amenities and public transportation, further enhancing rental demand. If you're looking to expand your portfolio with a cash-flowing rental or prefer a BRRRR strategy, this property provides a golden chance to invest in a rapidly improving area. Capitalize on this opportunity and grow your real estate portfolio today! Property sold as-is.

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Home facts

  • Year built:1900
  • Listing ID #:22075418
  • Added:66 day(s) ago
  • Updated:February 12, 2026 at 06:28 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Living area:1,080 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air

Structure and exterior

  • Year built:1900
  • Building area:1,080 sq. ft.
  • Lot area:0.22 Acres

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$59,000
  • Price per sq. ft.:$54.63
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