2415 Cedar, Anderson, IN 46016

Anderson
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
2415 Cedar,Anderson, IN 46016
$65,000
  • 2 Beds
  • 1 Baths
  • 1,190 sq. ft.
  • Single family
  • Active
Listed by: john-thomas bell
Office: trueblood real estate
MLS#:22119011
Source:IN_MIBOR

Price summary

  • Price:$65,000
  • Price per sq. ft.:$47.94

About this home

Attention investors seeking immediate cash flow and strong yield! Located at 2415 Cedar St, Anderson, IN, this single-family investment opportunity is offered at an attractive entry price of $65,000. Featuring 2 spacious bedrooms, 1 full bathroom, and 1,156 square feet of living space across a 1.5-story layout, this property delivers a functional floor plan on a level 0.07-acre lot equipped with a classic covered front porch. The property's central location provides tenants with convenient access to key local attractions, including Anderson University, the historic Paramount Theatre, Mounds State Park, Anderson Speedway, and Harrah's Hoosier Park Racing & Casino. The property is currently tenant-occupied and producing steady rental income of $931 per month, with a lease in place through March 31, 2027. This property easily satisfies the investor-favorite 1% rule, making it an ideal cash-flowing asset right out of the gate. For an investor, this in-place lease means instant,...

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Home facts

  • Year built:1950
  • Subdivision & Development:Spring Grove
  • Listing ID #:22119011
  • Added:1 day(s) ago
  • Updated:August 08, 2026 at 02:41 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Dining Description:Dining Combo/Kitchen
  • Kitchen Description:Electric Oven, Microwave, Range Hood, Refrigerator
  • Basement:Yes
  • Basement Description:Basement
  • Living area:1,190 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Forced Air

Structure and exterior

  • Year built:1950
  • Building area:1,190 sq. ft.
  • Lot area:0.07 Acres
  • Architectural Style:Bungalow
  • Construction Materials:Wood Siding
  • Foundation Description:Partial

Schools

  • Middle school:Highland Middle School

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$65,000
  • Price per sq. ft.:$47.94

Features and amenities

  • Appliances:Microwave, Refrigerator
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