1720 W 24th Street, Anderson, IN 46016
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1720 W 24th Street,Anderson, IN 46016
$69,149
- 2 Beds
- 1 Baths
- - sq. ft.
- Single family
- Sold
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22083657
Source:IN_MIBOR
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Price summary
- Price:$69,149
About this home
Welcome to 1720 W 24th St, a turnkey, tenant-occupied investment opportunity located just southwest of downtown Anderson. This durable concrete block ranch sits on a manageable corner lot fully enclosed by a chain-link fence and offers strong rental fundamentals from day one. The current lease runs from 5/1/26 through 4/30/27 at $900/month, which hits nearly a 1.4 rent-to-price ratio and provides immediate cash flow for the next owner. The tenant is responsible for all lawn maintenance and utilities, and the property is professionally managed by Midwest Property Management, making this a truly hands-off addition to your portfolio. The home features 1,086 sq ft with 2 bedrooms, 1 full bath, a split-bedroom layout, arched doorways, galley-style kitchen with ample cabinet space, side-by-side laundry hookups, central heat/air, a 588 sq ft unfinished basement with daylight windows, and a 1-car attached garage. The unique blue metal roof adds curb appeal and long-term durability, while the front deck and ramp provide easy accessibility. Located around the corner from Anderson Speedway and Jackson Park, and under 10 minutes from St. Vincent Hospital, Meadowbrook Golf Course, the casino, and horse track, this property is well positioned for continued rental demand. Property is sold as-is, price is firm, and no creative/seller financing or wholesalers will be considered....
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Home facts
- Year built:1948
- Subdivision & Development:Pleasant Walk
- Listing ID #:22083657
- Added:126 day(s) ago
- Updated:August 10, 2026 at 07:01 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Dining Description:Dining Combo/Living Room
- Kitchen Description:Electric Oven, Refrigerator
- Basement:Yes
- Basement Description:Basement, Unfinished
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1948
- Lot Features:Mature Trees
- Architectural Style:Ranch
- Construction Materials:Block
- Foundation Description:Block
Utilities
- Water:Public Water
Finances and disclosures
- Price:$69,149
Features and amenities
- Appliances:Refrigerator
- Laundry features:Laundry in Unit
- Amenities:Attic Access
Parking
- Garage:Yes
- Garage spaces:1
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