121 W 13th Street, Anderson, IN 46016

Anderson
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
121 W 13th Street,Anderson, IN 46016
$225,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: alyssa burton
Office: inspired realty
MLS#:22089489
Source:IN_MIBOR

Price summary

  • Price:$225,000

About this home

$3,025/Month Quadplex | Fully Renovated in 2025 | $7,500 Grant Eligible Rare opportunity to own a fully renovated quadplex generating $3,025 in monthly rental income, with tenants paying all utilities, creating a low-expense investment with strong cash flow potential. The property is fully leased with stable tenants, providing immediate income from day one. House Hack Opportunity This property is eligible for a $7,500 owner-occupant grant with no income restrictions, potentially covering most or all of your down payment and closing costs for qualified buyers. Owner-occupants can live in one unit while the remaining units help offset the mortgage, creating a powerful opportunity to build equity while significantly reducing monthly housing costs. Investor Opportunity With $3,025 in monthly rent ($36,300 annually), the property delivers approximately a 1.34% rent-to-price ratio at the $225,000 list price, a metric experienced investors actively seek. Tenants pay all utilities,...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Listing ID #:22089489
  • Added:59 day(s) ago
  • Updated:May 15, 2026 at 07:23 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Cellar, Unfinished

Structure and exterior

  • Year built:1900
  • Lot area:0.14 Acres
  • Lot Features:Busline, Curbs, Sidewalks, Street Lights
  • Construction Materials:Wood With Stone

Schools

  • Middle school:Highland Middle School

Utilities

  • Sewer:Sewer

Finances and disclosures

  • Price:$225,000
Copyright 2026 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.

New listings near 121 W 13th Street