1202 E 8th Anderson, IN $ 190,000
1202 E 8th
$ 190,000
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1202 E 8th

Anderson, IN, 46012
$ 190,000
Baths0.0

Monthly Estimate*

$ 1,200

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Studio

Multi-Family Home for sale in Anderson, IN

for $190,000. This home was built in 1920 on a lot size of 0.13.

All completed in 2016: Vinyl siding, dimensional shingle roof, vinyl windows, 2 high efficiency furnaces and A/C units, 2 water heaters, remodel with LVP flooring, new plumbing and electrical. Shared washer/dryer in basement. Current leases- 1202 unit at $1,410 per month (includes $150 for utilities) expiring 2/28/2027 and 1204 unit at $865 per month (includes $90 for utilities) expiring 10/31/2026. The units have shared gas and water/sewer. The electric is individually metered. Unlock the potential of this duplex, offering an excellent opportunity for investors and owner occupants alike. With strong potential, this property has the potential for a new owner to increase cash flow by capitalizing on higher market rents. Whether you're looking to expand your investment portfolio or get started in real estate, this property offers flexibility and long term potential. Live in one unit while renting the other to help offset (or potentially cover) a significant portion of your mortgage, making it an ideal house hacking opportunity. Don't miss the opportunity to add value and make this property work for your financial goals.

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Multi-Family Active

Price

$ 190,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,176

Style

Duplex

Lot Size

0.13

Year Built

1920

Town/City

Anderson

County/Region

Madison

MLS | Web ID

22111608

Features
General
Heating Forced Air
Cooling Central Air
Possession Closing Negotiable Subject to Tenant Rights Other
Roof Asphalt Shingle
Construction Materials Vinyl Siding
Year Built 1920
Township Anderson
Levels Two
Property Subtype Duplex
Tax Year 2025
Current Use Residential
County Madison
New Construction N
Property Type Residential Income
Subdivision Name Chestnut Park
Status Active
Directions GPS Friendly
City Anderson
High School District Anderson Community School Corp
Number Of Units Total 2
MLS Area 4810 - Madison - Anderson NW
Lot Size Square Feet 5612
Property Attached Y/N Y
Middle/Junior High School Highland Middle School
Additional Parcels Y/N N
Structure Type Duplex
Standard Status Active
Tax Lot 0
Legal Description Chestnut Park 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
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Interior
Basement Cellar
Basement (Y/N) Y
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Exterior
Foundation Details Block
Lot Size Acres 0.13
Road Surface Type Asphalt
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* Excluded Features
List By
Keller Williams Indy Metro Partners

Broker

emilyhuskey@kw.com

Email

Affordability Calculator

$1,548
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,200
Monthly Property Taxes
$348
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4044991 Elementary School
4490853 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/1/2026$190,000 -5.00% Price Down
7/12/2026$200,000 Listed Price

Map


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1202 E 8th, Anderson, IN, 46012 is a Multi-Family Home for sale at $190,000 with a lot size of 0.13. 1202 E 8th is a studio with 0.0 baths and was built in 1920. The property's zip code is 46012 which is in Anderson, IN