1121 E 31st ST Pending

Anderson,IN 46016

$ 175000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Subdivision 10Th Sub

MLS Listing ID 22067402

Year Built 1967

Tax Year 2024

Lot Size 10,890 Sqft

Property Sub-Type Duplex

Property Description

Turnkey Brick Duplex - Strong Cash Flow & Low Maintenance! 1121/1123 East 31st Street, Anderson, IN 46016 Asking Price: $180,000 Solid investment opportunity! This all-brick duplex is fully rented and generating $1,775/month in gross income. Both units are 2 bedrooms / 1 bath, updated with central A/C added for tenant comfort and long-term value. Unit Details: 1121: $875/month 1123: $900/month (+$25 pet fee) Tenants pay all utilities except stormwater ($7/month), keeping owner expenses low. The property features a large, fully fenced front yard, ideal for pets or outdoor space, plus a detached 2-car garage with a separate storage area. There's also a washer/dryer hookup and gas line already run to the garage for added convenience or potential utility space. With strong rents, low maintenance, and stable tenants, this property delivers solid returns and -a great addition to any investor's portfolio. Monthly Income: $1,775 Annual Income: $21,300 Brick. Cash Flow. Location. Everything investors look for-don't miss this one!

Location

State IN

County Madison

Exterior

Garage Spaces 2.0

Building

Story One

Structure Type Brick

New Construction false

Schools

School District Anderson Community School Corp

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