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$114,900
4 Beds
4 Baths
--sqft
2122 Pearl St, Anderson, IN 46016
$114,900
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Multi Family
Built in 1890
$-- HOA
6,048 sqft lot
--/sqft
Description
Anderson quadplex ready for its next investor! This fully occupied four-unit property includes two main-level units and two upper-level units, all 1-bed and 1-bath apartments, offering a balanced layout and straightforward management. With current under-market rents producing approximately $1,725 per month in gross income, the property provides solid cash flow with room to grow as updates are completed between turns. Two storage sheds offer additional on-site utility for tenants or the owner. Priced near the 1.5% rule and with potential for a BRRR-style strategy, this property presents a rare opportunity to acquire an income-producing asset with clear value-add potential.
- Houzeo last checked: 21 Minutes ago
- Listing updated: November 21, 2025 at 11:03 pm
- Listing Provided by: Jonah Hartsburg | Hoosier Hub Realty, LLC (317) 300-4688
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22068619
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1890
HOA Fees
-
Finished Area
- sqft
Lot Size
6,048 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22068619
MLS Status
Pending
Days on Market
61
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