1720 W 24th Street, Anderson, IN 46016

Anderson
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1720 W 24th Street,Anderson, IN 46016
$65,000
  • 2 Beds
  • 1 Baths
  • 1,086 sq. ft.
  • Single family
  • Pending
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22083657
Source:IN_MIBOR

Price summary

  • Price:$65,000
  • Price per sq. ft.:$39.9

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...

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Home facts

  • Year built:1948
  • Listing ID #:22083657
  • Added:97 day(s) ago
  • Updated:July 11, 2026 at 09:51 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
  • Living area:1,086 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1948
  • Building area:1,086 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Mature Trees
  • Architectural Style:Ranch
  • Construction Materials:Block
  • Foundation Description:Block

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$65,000
  • Price per sq. ft.:$39.9

Features and amenities

  • Appliances:Refrigerator
  • Laundry features:Laundry in Unit
  • Amenities:Attic Access

Parking

  • Garage:Yes
  • Garage spaces:1
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