2122 Pearl Street, Anderson, IN 46016

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Sold Price
$100,000
List Price
$114,900
Closing Date
Dec 19, 2025
MLS#
22068619
Days on Market
63
Status
SOLD

Property Description

Anderson quadplex ready for its next investor! This fully occupied four-unit property includes two main-level units and two upper-level units, all 1-bed and 1-bath apartments, offering a balanced layout and straightforward management. With current under-market rents producing approximately $1,725 per month in gross income, the property provides solid cash flow with room to grow as updates are completed between turns. Two storage sheds offer additional on-site utility for tenants or the owner. Priced near the 1.5% rule and with potential for a BRRR-style strategy, this property presents a rare opportunity to acquire an income-producing asset with clear value-add potential.

Additional Information

Expenses
7000
Acres
0.14
Region
Anderson

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Calculator source: Real Geeks

Listing courtesy of Hoosier Hub Realty, LLC. Selling Office: Hashtag Real Estate.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative