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908 Walnut Street Anderson, IN $ 198,000
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$ 198,000 Get more info
908 Walnut Street
$ 198,000
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908 Walnut Street

Anderson, IN, 46012
$ 198,000
Baths0.0

Monthly Estimate*

$ 1,250

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Studio

Multi-Family Home for sale in Anderson, IN

for $198,000. This home was built in 1900 on a lot size of 0.19.

Fully occupied triplex offering immediate cash flow with $2,569/month in gross rental income. This stabilized investment has been renovated in recent years and features a new roof (2023) and new furnace (2022). Long-term tenants have a strong payment history and currently handle lawn care and snow removal. Owner pays water/sewer and gas; tenants pay electric and trash. Offered at $198,000, this property exceeds the 1% rule and presents an excellent opportunity for investors seeking stable income and a well-maintained asset.

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Multi-Family Active

Price

$ 198,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,172

Style

Traditional

Lot Size

0.19

Year Built

1900

Town/City

Anderson

County/Region

Madison

MLS | Web ID

22111935
Features
General
Possession Closing
Garage Spaces 0
Architectural Style Traditional
Security Features Smoke Detector(s)
Construction Materials Shingle Siding
Year Built 1900
Tenant Pays Electricity
Township Anderson
Levels Two One and One Half
Property Subtype Triplex
Tax Year 2025
Current Use Apt<20
County Madison
Net Operating Income 28642
New Construction N
Property Type Residential Income
Subdivision Name Frees Park Place
Possible Use Apt<20
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 8308
Structure Type Triplex
Standard Status Active
Tax Lot L016
Legal Description Frees Park Place 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
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Exterior
Lot Features Access Sidewalks
Foundation Details Block
Lot Size Acres 0.19
Road Surface Type Asphalt
Road Frontage Type City Street
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Interior
Basement (Y/N) Y
Laundry Features No Laundry Facil. Laundry Room
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* Excluded Features
List By
Inspired Realty

Broker

ab.inspiredinvestments@gmail.com

Email

Affordability Calculator

$1,431
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,250
Monthly Property Taxes
$181
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
7/3/2026 $198,000 Listed Price

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908 Walnut Street, Anderson, IN, 46012 is a Multi-Family Home for sale at $198,000 with a lot size of 0.19. 908 Walnut Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 46012 which is in Anderson, IN

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