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1820 Central Avenue Anderson, IN $ 85,000
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$ 85,000 Get more info
1820 Central Avenue
$ 85,000
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1820 Central Avenue

Anderson, IN, 46016
$ 85,000
Bedrooms3 Baths2.0 Sq 1,762

Monthly Estimate*

$ 530

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Multi-Family Home for sale in Anderson, IN

for $85,000 with 3 bedrooms and 2 full baths. This 1,762 square foot home was built in 1963.

Excellent investment opportunity in the heart of Anderson! This two-story duplex features two rental units with strong income potential and a location that keeps demand high. Situated close to downtown, the hospital, and public transportation, this property attracts consistent tenants seeking convenience and accessibility. Unit One: 2 bedrooms, 1 bath – spacious layout ideal for long-term renters. Unit Two: 1 bedroom, 1 bath – efficient and easy to maintain with solid rental appeal. This is an as-is sale, and the price reflects the current condition, giving investors the chance to add value and maximize returns. With its central location, low-maintenance setup, and flexible unit mix, this property is perfectly suited for those looking to expand their portfolio or generate steady cash flow.

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Multi-Family Active

Price

$ 85,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Year Built

1963

Town/City

Anderson

County/Region

Madison

MLS | Web ID

202533384
Features
General
Heating Forced Air
Cooling None
Sewer City
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1963
New Construction No
Tenant Pays None
Subdivision None
Style Two Story
Stories Count 2
Township Anderson
Class INVESTMENT
Type Duplex
Age 62
Net Income 0
Rent Income 0
Features Basement Off Street Parking Cable Available Closet(s) Walk-in Porch Covered Water Heater Gas
REO No
Status Detail 0
Area Madison County
High School Anderson
City Anderson
School District Anderson Community
Total Sq Ft 1762
Elementary School Tenth Street
Middle School Highland
Legal Description HETTLES 0.0000Acres STR: 00000 SECTION: PLAT: 23 IN: OUT:
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202533384
Agent First Name Hilary
Agent Last Name Casstevens
DOM 130
Tax Year 742.50
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Exterior
Road Surface Asphalt
Road Access City
Exterior Vinyl
Pool No
Number of Parking Spaces 2
Lot Size Area 5663
Lot Dimensions 43x136
Lot Description Level
Outbuilding None
Waterfront Y/N No
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Interior
Basement Partial Basement
Flooring Carpet Laminate
Beds 3
Total Number of Units 2
Microwaves 0
Refrigerators 2
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 3
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 0
W/D Hookups 1
Basement Material Block
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* Excluded Features
List By
Hilary Casstevens

Listing Agent

Epique Inc.

Broker

hc@hilarycasstevens.com

Email

Affordability Calculator

$530
Per Month
100%
0%
0%
Monthly Principal & Interest
$530
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457232 Elementary School
5156508 Middle School
Anderson High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/6/2025$85,000 -2.30% Price Down
9/4/2025$87,000 -13.00% Price Down
8/21/2025$100,000 Listed Price

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1820 Central Avenue, Anderson, IN, 46016 is a Multi-Family Home for sale at $85,000 with 1,762 sqft. 1820 Central Avenue has 3 bedrooms, 2.0 baths, and was built in 1963. The property's zip code is 46016 which is in Anderson, IN

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