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Luxury Keys
1530 Ohio Avenue, Anderson, IN 46016
- $54,900
- 2
- BD
- 1
- BA
- 940
- SqFt
- Sold Price
- $54,900
- List Price
- $49,900
- Closing Date
- Jul 17, 2026
- MLS#
- 22052071
- Property Type
- Residential
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft. of Residence
- 940
- Year Built
- 1934
- Days on Market
- 354
- Status
- SOLD
Property Description
Welcome to 1530 Ohio Ave in Anderson, IN-a tenant-occupied, turnkey investment property offering cash flow from day #1! This renovated 2-bedroom, 1-bath ranch features 940 sq. ft. plus an unfinished basement and is ideally located minutes from downtown, Anderson University, and under 10 minutes from Harrah's Hoosier Park & Casino. The current tenant is on a one-year lease through February 2027, paying $900/month, with utilities and lawn care paid by the tenant, keeping owner expenses low. Recent updates include fresh paint, new flooring, and upgraded PEX plumbing throughout. Inside, a spacious living room flows into a generously sized eat-in kitchen with pantry and laundry hookups, plus a welcoming three-season room at the front. Offered as-is, this low-maintenance property nearly hits the 2% rule at the asking price, making it a compelling addition to any rental portfolio. Solid location, stable tenancy, and immediate cash flow-this is an investor-ready opportunity you don't want to miss!
Additional Information
- Basement
- Unfinished
- Foundation
- Block
- Stories
- One
- Architecture
- Ranch
- Equipment
- None
- Interior
- Attic Pull Down Stairs, Eat-in Kitchen
- Acres
- 0.07
- Heat
- Forced Air, Electric
- Cooling
- None
- Financing
- Conventional
- Appliances
- Electric Water Heater, MicroHood, Electric Oven
- Region
- Anderson
- Eating Areas
- Dining Combo/Kitchen
Listing courtesy of Peter Stewart. Keller Williams Indpls Metro N
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.