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3437 Hamilton Place, Anderson
$66,900
3 Beds ⋅ 1 Baths
Welcome to 3437 Hamilton Place, a move-in-ready 3-bedroom 1-bathroom home tucked back in a quiet residential neighborhood on Anderson's southwest side. Set on a flat .14-acre corner lot with a covered front porch, this 1,302 sq ft two-story home offers a convenient location just moments from Scatterfield Rd, with quick access to shops, restaurants, businesses, Lowe's, Harrah's Casino & Horse Track, downtown Anderson, and Anderson University. Inside, the main level features an open floor plan with a spacious living area, dining area, and semi-open kitchen with stone countertops. Durable laminate flooring runs throughout the home, offering a low-maintenance finish ideal for both homeowners and tenants. Toward the back of the home, the utility room includes the mechanicals, laundry hookups with room for a full-size side-by-side washer and dryer, and the full bathroom. Upstairs, you'll find all three bedrooms. Whether you are an owner-occupant looking for an affordable home you can move into now and personalize over time, or an investor seeking a rent-ready long-term rental with value-add upside, this property checks the boxes. With estimated market rent up to $1,100/month, it far exceeds the coveted 1% rule and offers strong cash flow potential at an accessible price point. No HOA as well. Come see the opportunity for yourself! Property sold as-is. No creative/seller financing.

3437 Hamilton Place, Anderson

Listing courtesy of Keller Williams Indpls Metro N.

1502 Cedar, Anderson
$65,000
2 Beds ⋅ 1 Baths
Attention investors seeking immediate cash flow and strong yield! Located at 1502 Cedar St, Anderson, IN, this single-family investment opportunity is offered at an attractive entry price of $70,000. Featuring 2 spacious bedrooms, 1 full bathroom, 1,104 square feet of main-floor living space, and a 563-square-foot unfinished basement, this property delivers a functional layout on a level 0.15-acre lot equipped with a classic covered front porch and a 120-square-foot detached storage shed. The property's central location provides tenants with convenient access to key local attractions, including Anderson University, the historic Paramount Theatre, Mounds State Park, Anderson Speedway, and Harrah's Hoosier Park Racing & Casino. The property is currently tenant-occupied and producing steady rental income of $825 per month, with a lease in place through April 27, 2027. This property easily satisfies the investor-favorite 1% rule, making it an ideal cash-flowing asset right out of the gate. For an investor, this in-place lease means instant, turn-key cash flow from the day of closing with zero initial vacancy, zero advertising expenses, and no tenant-placement hassle. Having a reliable tenant locked in through Spring 2027 provides long-term stability and predictable income to cover your investment. Paired with low annual property taxes of roughly $491 per year, this home keeps your holding costs low and your net margins high. When the lease expires in April 2027, you retain complete strategic flexibility: you can choose to sign a lease renewal, adjust rents upward to capture future market growth, or perform selective cosmetic updates to boost forced equity and long-term appreciation. Whether you are expanding an established rental portfolio or securing your first income property, 1502 Cedar St combines a low entry price, minimal holding overhead, strong 1% rule performance, and guaranteed day-one returns. Schedule your showing today to add this turn-key cash genera

1502 Cedar, Anderson

Listing courtesy of Trueblood Real Estate.

2415 Cedar, Anderson
$65,000
2 Beds ⋅ 1 Baths
Attention investors seeking immediate cash flow and strong yield! Located at 2415 Cedar St, Anderson, IN, this single-family investment opportunity is offered at an attractive entry price of $65,000. Featuring 2 spacious bedrooms, 1 full bathroom, and 1,156 square feet of living space across a 1.5-story layout, this property delivers a functional floor plan on a level 0.07-acre lot equipped with a classic covered front porch. The property's central location provides tenants with convenient access to key local attractions, including Anderson University, the historic Paramount Theatre, Mounds State Park, Anderson Speedway, and Harrah's Hoosier Park Racing & Casino. The property is currently tenant-occupied and producing steady rental income of $931 per month, with a lease in place through March 31, 2027. This property easily satisfies the investor-favorite 1% rule, making it an ideal cash-flowing asset right out of the gate. For an investor, this in-place lease means instant, turn-key cash flow from the day of closing with zero initial vacancy, zero advertising expenses, and no tenant-placement hassle. Having a reliable tenant locked in through Spring 2027 provides long-term stability and predictable income to cover your investment. Paired with low annual holding costs, this home keeps your net margins high. When the lease expires in March 2027, you retain complete strategic flexibility: you can choose to sign a lease renewal, adjust rents upward to capture future market growth, or perform selective cosmetic updates to boost forced equity and long-term appreciation. Whether you are expanding an established rental portfolio or securing your first income property, 2415 Cedar St combines a low entry price, minimal holding overhead, strong 1% rule performance, and guaranteed day-one returns. Schedule your showing today to add this turn-key cash generator to your portfolio!

2415 Cedar, Anderson

Listing courtesy of Trueblood Real Estate.

1610 Central Avenue, Anderson
$60,000
2 Beds ⋅ 1 Baths
Welcome to 1610 Central Ave - a move-in-ready 2 bed, 1 bath home offering 975 square feet of comfortable living space and a great opportunity for both homeowners and investors. Whether you're looking for an affordable primary residence or a low-maintenance rental, this property checks the boxes. Inside, the home offers a functional layout with spacious living areas, two comfortable bedrooms, and a full bathroom. The property is essentially ready to go, making it easy for an owner-occupant to move right in or for an investor to complete minimal finishing touches and quickly place a tenant. With strong rental appeal, manageable size, and a practical floor plan, this is a great option for anyone looking for a simple, affordable home or an investment property with minimal upfront work. Conveniently located near local amenities, schools, and everyday necessities, 1610 Central Ave is ready for its next owner.

1610 Central Avenue, Anderson

Listing courtesy of F.C. Tucker Company.

1736 W 12th Street, Anderson
$54,900
3 Beds ⋅ 1 Baths
Investor Alert! Don't miss this great single-family ranch home located near downtown Anderson. This turnkey rental property is rented for $1468/mo (HUD, MTM - owner pays utilities (avg $220/mo)) - well over the 2% rule!! The home sits on a deep lot and has 3 bedrooms, 1 bathroom, and just over 1000 sq ft of finished living space and a partial unfinished basement. Huge covered front porch and large partially fenced rear yard. No HOA! Excellent location within blocks of downtown Anderson, the property benefits from convenient access to local amenities and public transportation, further enhancing rental demand. If you're looking to expand your portfolio with a cash-flowing rental or prefer a BRRRR 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.

1736 W 12th Street, Anderson

Listing courtesy of Keller Williams Indpls Metro N.

Lot 28 Doe Meadow Drive, Anderson
$52,900
Lot - 28 .8+ acres. Corner lot, Private Backyard. Create your own sanctuary on one of our select lots in the esteemed Deer Creek Neighborhood of Anderson, Indiana. Ranging from 0.5 to nearly 1 acre, these parcels offer the versatility and space to bring your grandest home visions to life. Whether you envision a sprawling ranch or a stately two-story home, there's ample room for entertainment spaces, and/or your very own backyard oasis. Located in a community setting, these lots combine the allure of country living with the convenience of city amenities just a short drive away. With access to utilities and infrastructure ready for development, these lots provide the ideal foundation for building your next customizable home. Secure your lot in Deer Creek today.

Lot 28 Doe Meadow Drive, Anderson

Listing courtesy of Daniels Real Estate.

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