1808 Nichol Avenue, Anderson, IN 46016

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1808 Nichol Avenue,Anderson, IN 46016
$54,900
  • 2 Beds
  • 1 Baths
  • 1,136 sq. ft.
  • Single family
  • Active
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22072985
Source:IN_MIBOR

Price summary

  • Price:$54,900
  • Price per sq. ft.:$24.16

About this home

Investor Alert! Don't miss this great value-add single family home located near downtown Anderson. Once renovated it should rent for above the 1% rule!! The home has 2 bedrooms, 1 bathroom, a formal living room, formal dining room, spacious kitchen, and a laundry room. Just over 1100sq ft of finished living space. There is also an unfinished basement - great for extra storage, a workout area, workshop, etc. Property also has a large concrete pad in the back for dedicated off street parking. It is currently vacant. 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. Whether you're looking to expand your portfolio with a value-add cash-flowing rental or prefer a BRRRR or flip 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

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Home facts

  • Year built:1929
  • Listing ID #:22072985
  • Added:1 day(s) ago
  • Updated:November 21, 2025 at 11:36 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,136 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1929
  • Building area:1,136 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$54,900
  • Price per sq. ft.:$24.16
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