1105-1107 W 11th Street Anderson, IN $ 139,900
1105-1107 W 11th Street
$ 139,900
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1105-1107 W 11th Street

Anderson, IN, 46016
$ 139,900
Bedrooms4 Baths2.0 Sq 2,020

Monthly Estimate*

$ 861

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Multi-Family Home for sale in Anderson, IN

for $139,900 with 4 bedrooms and 2 full baths. This 2,020 square foot home was built in 1963.

This package features six consistently high-demand rental duplex properties (12 units) situated in the Anderson, IN market. The portfolio offers a secure, well-managed investment with immediate upside potential. Stable Income Stream: The properties demonstrate strong, reliable cash flow, supported by excellent historical rent collection and exceptional occupancy rates (minimal historical vacancy). Turnkey Efficiency: Current owners have meticulously maintained the units, significantly minimizing the need for immediate Capital Expenditure (CapEx). Value-Add Opportunity: Current rents are below prevailing market rates for comparable local properties, providing a clear path for substantial income growth through gradual rent increases to achieve market value. Tenant Stability: Due to diligent maintenance, the properties have high long-term tenant satisfaction, contributing to low turnover. Seller will sell individually or as a group-addresses: 403-405 W 5th St, 1105-1107 W 11th St, 1109-1111 W 11th St, 1303-1305 Sycamore, 615-615 1/2 Madison and 1815 - 1815 1/2 Fletcher.

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Multi-Family Active

Price

$ 139,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,537

Style

Duplex

Year Built

1963

Town/City

Anderson

County/Region

Madison

MLS | Web ID

202613965

Features
General
Heating Electricity Baseboard
Cooling None
Sewer City
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1963
New Construction No
Tenant Pays Electric Sewer Water
Subdivision Other
Style One Story
Stories Count 1
Township Anderson
Class INVESTMENT
Type Duplex
Age 63
Net Income 9712.44
Rent Income 12000
Features Off Street Parking
REO No
Status Detail 0
Area Madison County
High School Anderson
City Anderson
School District Anderson Community
Total Sq Ft 2020
Elementary School Tenth Street
Middle School Highland
Legal Description HANCOCKS PL 42 L 012
Agent First Name Ryan
Agent Last Name Orr
DOM 3
Tax Year 2025
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Interior
Basement Crawl
Flooring Other
Beds 4
Total Number of Units 2
Microwaves 0
Refrigerators 2
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 4
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 2
W/D Hookups 0
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Exterior
Exterior Aluminum Brick Other
Pool No
Number of Parking Spaces 3
Lot Size Area 6534
Lot Dimensions 47x144
Lot Description Level
Outbuilding None
Waterfront Y/N No
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* Excluded Features
List By
Ryan Orr

Listing Agent

Re/Max Real Estate Groups

Broker

ryan.orr@orrhomes.com

Email

Affordability Calculator

$989
Per Month
87%
13%
0%
Monthly Principal & Interest
$861
Monthly Property Taxes
$128
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
4/20/2026$139,900 Listed Price

Map


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1105-1107 W 11th Street, Anderson, IN, 46016 is a Multi-Family Home for sale at $139,900 with 2,020 sqft. 1105-1107 W 11th Street has 4 bedrooms, 2.0 baths, and was built in 1963. The property's zip code is 46016 which is in Anderson, IN