1808 Nichol Avenue, Anderson, IN 46016
- $41,000
- 2
- BD
- 1
- BA
- 2,272
- SqFt
- Sold Price
- $41,000
- List Price
- $54,900
- Closing Date
- Jan 12, 2026
- MLS#
- 22072985
- Property Type
- Residential
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft. of Residence
- 2,272
- Year Built
- 1929
- Days on Market
- 52
- Status
- SOLD
Property Description
Investor Alert! Don't miss this great value-add single family home located near downtown Anderson. Once renovated it should rent for above the 1% rule!! The home has 2 bedrooms, 1 bathroom, a formal living room, formal dining room, spacious kitchen, and a laundry room. Just over 1100sq ft of finished living space. There is also an unfinished basement - great for extra storage, a workout area, workshop, etc. Property also has a large concrete pad in the back for dedicated off street parking. It is currently vacant. No HOA! Excellent location within one mile of downtown Anderson, the property benefits from convenient access to local amenities and public transportation, further enhancing rental demand. Whether you're looking to expand your portfolio with a value-add cash-flowing rental or prefer a BRRRR or flip strategy, this property provides a golden chance to invest in a rapidly improving area. Capitalize on this opportunity and grow your real estate portfolio today! Property sold-as is. Cash or hard money only due to condition.
Additional Information
- Basement
- Unfinished
- Foundation
- Block
- Stories
- One
- Architecture
- Ranch
- Interior
- Hardwood Floors
- Acres
- 0.14
- Heat
- Forced Air
- Cooling
- None
- Financing
- SeeRemarks
- Appliances
- Gas Oven, Refrigerator
- Region
- Anderson
- Eating Areas
- Dining Combo/Living Room
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Listing courtesy of Keller Williams Indpls Metro N. Selling Office: F.C. Tucker Company.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative