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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
Back to search
Share Save

1820 Central Avenue

Anderson, IN, 46016
$ 85,000
Baths0.0

Monthly Estimate*

$ 523

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Studio

Multi-Family Home for sale in Anderson, IN

for $85,000. This home was built in 1890 on a lot size of 0.13.

Great investment opportunity in the heart of Anderson! This tenant-ready property offers immediate income potential while still leaving room to add value with a few cosmetic updates. Major improvements have already been completed within the last five years, including a newer roof, updated windows, and upgraded electrical. Unit 2 also features a newer furnace, providing added peace of mind for both owner and tenants. Additional highlights include off-street parking and excellent walkability to downtown Anderson's shops, dining, and amenities. Whether you're looking to expand your rental portfolio or live in one unit while renting the other, this duplex offers solid fundamentals, key mechanical updates, and strong upside potential.

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Multi-Family Pending

Price

$ 85,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,484

Style

Lot Size

0.13

Year Built

1890

Town/City

Anderson

County/Region

Madison

MLS | Web ID

22086325
Features
General
Heating Natural Gas
Possession Closing
Garage Spaces 0
Construction Materials Brick
Year Built 1890
Township Anderson
Levels Two
Property Subtype Duplex
Tax Year 2024
Current Use Residential Vacant
County Madison
New Construction N
Property Type Residential Income
Subdivision Name Hettles
Status Pending
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 5848
Middle/Junior High School Highland Middle School
Standard Status Pending
Tax Lot 005
Legal Description Hettles 0.0000Acres Str: 00000 Section: Plat: 23 In: Out:
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Exterior
Parking Features None
Lot Size Acres 0.13
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Interior
Basement (Y/N) Y
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* Excluded Features
List By
Epique Inc

Broker

Tracieharter@epique.me

Email

Affordability Calculator

$647
Per Month
81%
19%
0%
Monthly Principal & Interest
$523
Monthly Property Taxes
$124
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
4044991 Elementary School
4490853 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/27/2026$85,000 Listed Price

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1820 Central Avenue, Anderson, IN, 46016 is a Multi-Family Home for sale at $85,000 with a lot size of 0.13. 1820 Central Avenue is a studio with 0.0 baths and was built in 1890. The property's zip code is 46016 which is in Anderson, IN

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