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2408 Brown Street Anderson, IN $ 168,000
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2408 Brown Street
$ 168,000
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2408 Brown Street

Anderson, IN, 46016
$ 168,000
Baths0.0

Monthly Estimate*

$ 1,061

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Studio

Multi-Family Home for sale in Anderson, IN

for $168,000. This home was built in 1900 on a lot size of 0.13.

Investment opportunity! This triplex features a two-bedroom unit, a one-bedroom unit, and an efficiency apartment. Renovated in 2024 and recently fully leased for a combined $2,400 per month, the property offers strong income potential with minimal owner-paid expenses. Tenants responsible for all utilities and lawn care, owner pays monthly stormwater fee of $3.50. Two units are currently vacant, creating an excellent opportunity for an owner-occupant to house hack while generating rental income. A detached garage may also offer potential for conversion into an additional dwelling unit, subject to city approval. Qualified owner-occupants may be eligible for grant funds of up to $7,000 to which this address is eligible. Whether you're expanding your portfolio or looking to offset your housing costs, this versatile property is worth a look!

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Multi-Family Active

Price

$ 168,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,694

Style

Traditional

Lot Size

0.13

Year Built

1900

Town/City

Anderson

County/Region

Madison

MLS | Web ID

22124080
Features
General
Possession Closing
Garage Spaces 2
Architectural Style Traditional
Security Features Smoke Detector(s)
Construction Materials Vinyl Siding
Year Built 1900
Township Anderson
Levels Two
Property Subtype Triplex
Tax Year 2025
Current Use Apt<20
County Madison
New Construction N
Property Type Residential Income
Subdivision Name No Subdivision
Status Active
Directions GPS Friendly
City Anderson
High School District Anderson Community School Corp
Number Of Units Total 3
MLS Area 4810 - Madison - Anderson NW
Lot Size Square Feet 5663
Structure Type Triplex
Standard Status Active
Tax Lot PL03 00000.1300A
Legal Description Pt Sw Se 0.1300Acres Str: 13197 Section: Plat: 03 In: Out:
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Exterior
Parking Features Detached
Lot Features Access Sidewalks
Foundation Details Block
Lot Size Acres 0.13
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Interior
Basement (Y/N) Y
Laundry Features Other
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* Excluded Features
List By
Inspired Realty

Broker

ab.inspiredinvestments@gmail.com

Email

Affordability Calculator

$1,202
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,061
Monthly Property Taxes
$141
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
4045006 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
9/3/2026 $168,000 Listed Price

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2408 Brown Street, Anderson, IN, 46016 is a Multi-Family Home for sale at $168,000 with a lot size of 0.13. 2408 Brown Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 46016 which is in Anderson, IN

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