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
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Listing courtesy of Keller Williams Indpls Metro N. Selling Office: NextHome Elite Real Estate.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative