2408 Brown Street, Anderson, IN 46016

Anderson
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
2408 Brown Street,Anderson, IN 46016
$158,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: alyssa burton
Office: inspired realty
MLS#:22124080
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$158,000

About this home

Investment opportunity! This triplex features a two-bedroom unit, a one-bedroom unit, and an efficiency apartment. Renovated in 2024 and recently fully leased for a combined $2,400 per month, the property offers strong income potential with minimal owner-paid expenses. Tenants responsible for all utilities and lawn care, owner pays monthly stormwater fee of $3.50. Two units are currently vacant, creating an excellent opportunity for an owner-occupant to house hack while generating rental income. A detached garage may also offer potential for conversion into an additional dwelling unit, subject to city approval. Qualified owner-occupants may be eligible for grant funds of up to $7,000 to which this address is eligible. Whether you're expanding your portfolio or looking to offset your housing costs, this versatile property is worth a look!

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Home facts

  • Year built:1900
  • Subdivision & Development:No Subdivision
  • Listing ID #:22124080
  • Added:20 day(s) ago
  • Updated:September 24, 2026 at 03:13 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Structure and exterior

  • Year built:1900
  • Lot area:0.13 Acres
  • Lot Features:Sidewalks
  • Construction Materials:Vinyl Siding
  • Foundation Description:Block

Finances and disclosures

  • Price:$158,000

Parking

  • Garage:Yes
  • Garage spaces:2
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