1530 Ohio Avenue, Anderson, IN 46016

Anderson
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
1530 Ohio Avenue,Anderson, IN 46016
$49,900
  • 2 Beds
  • 1 Baths
  • 940 sq. ft.
  • Single family
  • Active
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22052071
Source:IN_MIBOR

Price summary

  • Price:$49,900
  • Price per sq. ft.:$53.09

About this home

Welcome to 1530 Ohio Ave in Anderson, IN-a tenant-occupied, turnkey investment property offering cash flow from day #1! This renovated 2-bedroom, 1-bath ranch features 940 sq. ft. plus an unfinished basement and is ideally located minutes from downtown, Anderson University, and under 10 minutes from Harrah's Hoosier Park & Casino. The current tenant is on a one-year lease through February 2027, paying $900/month, with utilities and lawn care paid by the tenant, keeping owner expenses low. Recent updates include fresh paint, new flooring, and upgraded PEX plumbing throughout. Inside, a spacious living room flows into a generously sized eat-in kitchen with pantry and laundry hookups, plus a welcoming three-season room at the front. Offered as-is, this low-maintenance property nearly hits the 2% rule at the asking price, making it a compelling addition to any rental portfolio. Solid location, stable tenancy, and immediate cash flow-this is an investor-ready opportunity you don't want to

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Home facts

  • Year built:1934
  • Listing ID #:22052071
  • Added:222 day(s) ago
  • Updated:March 08, 2026 at 02:50 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Dining Description:Dining Combo/Kitchen
  • Kitchen Description:Electric Oven, Microwave Hood
  • Basement:Yes
  • Basement Description:Basement, Unfinished
  • Living area:940 sq. ft.

Heating and cooling

  • Heating:Electric, Forced Air

Structure and exterior

  • Year built:1934
  • Building area:940 sq. ft.
  • Lot area:0.07 Acres
  • Lot Features:Sidewalks, Storm Sewer, Street Lights
  • Architectural Style:Ranch
  • Construction Materials:Aluminum Siding
  • Foundation Description:Block

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$49,900
  • Price per sq. ft.:$53.09

Features and amenities

  • Amenities:Attic Pull Down Stairs
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