- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Street View
$159,000
Monthly Est:$791
4 Beds
4 Baths
--sqft
1627 Brown St, Anderson, IN 46016
$159,000
$791/moEst:
Get Pre-Approved
Quadruplex
Built in 1965
$-- HOA
4,530 sqft lot
--/sqft
Description
Excellent investment opportunity at 1627 Brown St in Anderson! Centrally positioned in Anderson. This recently renovated 4-unit apartment building offers immediate rental income along with additional upside potential. The property features four 1-bedroom, 1-bath units, with three units currently occupied and one unit vacant. Current gross rental income is approximately $1,625 per month, with the potential for significantly higher income once the vacant unit is leased and rents are optimized. This an attractive opportunity for an investor looking for a multifamily property with improvements already completed. With four income-producing units under one roof, recent improvements, current rental income, and additional income potential, this property offers a strong opportunity to add a multifamily asset to your portfolio. Don't miss this 4-unit investment property!
- Houzeo last checked: 3 minutes ago
- Listing updated: October 8, 2026 at 10:17 am
- Listing Provided by: Stuart Houghton | Keller Williams Indy Metro Partners (317) 882-5900
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID | MLS#: 22127136
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1965
HOA Fees
-
Finished Area
- sqft
Lot Size
4,530 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22127136
MLS Status
Active
Days on Market
52
Cumulative Days on Market
22
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Interior
Exterior Features
Other
Construction
Year Built
Year Built: 1965
Home type
Quadruplex
Roof
Shingle
Construction Materials
Vinyl Siding
Utilities & Energy
Security Features
Smoke Detector(s)
Laundry Features
No Laundry Facil.
Other Features
Lot Features
Access, Busline, Curbs, Sidewalks
Subdivision Name
No Subdivision
Price History
| Date | Event | Price |
|---|---|---|
09/20/2026 Source: | Price Decreased | $159,000 -3.05% $0/sqft |
09/20/2026 Source: | Listed for Sale | $164,000 $0/sqft |
Nearby Homes
Find Homes by Property Features in Anderson, IN
Based on information from MIBOR REALTOR® Association through Nov 08, 2026, 05:30AM as submitted to and distributed by MLS GRID. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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. IDX information is provided exclusively for consumers personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. All Rights Reserved. © 2026 MIBOR REALTOR® Association.
Advertising Broker: Jonah Hartsburg | Hoosier Hub Realty
