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House for sale at 1627 Brown St, Anderson, IN 46016 | MLS# 22127136 | Listing updated on 2026-09-20
Photo 1 of House for sale at 1627 Brown St, Anderson, IN 46016 | MLS# 22127136 | Listing updated on 2026-09-20
Photo 2 of House for sale at 1627 Brown St, Anderson, IN 46016 | MLS# 22127136 | Listing updated on 2026-09-20
Photo 3 of House for sale at 1627 Brown St, Anderson, IN 46016 | MLS# 22127136 | Listing updated on 2026-09-20
Photo 4 of House for sale at 1627 Brown St, Anderson, IN 46016 | MLS# 22127136 | Listing updated on 2026-09-20
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$164,000

Monthly Est:$816

  • Beds Icon4 Beds
  • Beds Icon
    4 Baths
  • Beds Icon--sqft

1627 Brown St, Anderson, IN 46016

$816/moEst:

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  • 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 impr...

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  • Houzeo last checked: 5 minutes ago
  • Listing updated: September 20, 2026 at 12:14 am
  • Listing Provided by: Stuart Houghton | Keller Williams Indy Metro Partners (317) 882-5900
  • Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22127136 Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Madison County

  • City

    Anderson

  • 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

    3

  • Cumulative Days on Market

    3

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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

DateEventPrice

09/20/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22127136

Listed for Sale

$164,000

$0/sqft

Based on information from MIBOR REALTOR® Association through Sep 20, 2026, 03:03PM. 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.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.

Advertising Broker: Jonah Hartsburg | Hoosier Hub Realty

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