Veterans United Realty
16 Photos

2313 E 5th Street, Anderson, IN 46012

$84,900 Asking Price

2 beds
1 bath
572  sqft
Built in 1940

This is the investment you've been waiting for! Presenting a fully turnkey 2-bed, 1-bath ranch home on Anderson's desirable east side, with a long-term tenant in place, currently paying $1,000/month (lease through 6/30/25). This property is performing well above the 1% rule, making it an ideal addition to any portfolio. Located just minutes from Anderson University, downtown, and the newly renovated Harrah's Casino, this home offers both convenience and demand. The property has undergone a full renovation, featuring a new roof, fresh siding, updated interior paint, modern flooring, a completely remodeled kitchen with white shaker cabinets and stainless steel appliances, and a sleek, updated bathroom. Set on a 0.15-acre lot, the home also includes a detached 1-car garage, a long gravel driveway, and a private backyard shaded by mature trees. A spacious rear deck adds to the appeal, perfect for tenants who enjoy outdoor living. With the tenant covering all utilities, this low-maintenance, cash-flowing rental is ready to start delivering returns from day one. Add this great property to your portfolio today!!


Listing Status:
Active
Date Added:
September 18, 2024 — 3 days ago
Listing Office:
Keller Williams Indpls Metro N, Peter Stewart (317-450-9202)
Office Phone:
peter@peterstewartrealty.com
MLS ID:
22002428

Features & Amenities

Interior

General:
Windows Vinyl
Appliances:
Gas Water Heater, Gas Oven, Range Hood, Refrigerator
Laundry:
None
Basement:
Unfinished
A/C:
None
Heating:
Forced Air, Gas
Fireplace:
Fireplaces: 0

Exterior

Style:
Ranch
Other Structures:
Deck Main Level
Parking:
Detached

Construction

General:
One, Block

Location

Originating MLS:
mibor
School District:
Anderson Community School Corp
County:
Madison

Lot

Zoning:
Homewood 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:, 481208302082000003
Fencing:
Partial

Utilities

Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
Keller Williams Indpls Metro N, Peter Stewart

About Anderson, IN

Housing

Number of Units
37,633
Median Home Value
$100,305
Median Rent
$602

36.66% of housing units are renter occupied.

11.51% are vacant.

Commute

Car
80.37%
Public Transportation
0.45%
Walk to Work
1.87%
Work from Home
16.06%
Other
0.62%

The median travel time to work is 23 minutes.

People

Population
78,679
Median Age
41.60
Median Household Size
2.46

Education

High School
40.73%
Associate’s Degree
9.20%
Bachelor’s Degree
11.47%
Graduate Degree
6.73%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Veterans United Homefront

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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