341 Park Avenue, Anderson, IN 46012
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
341 Park Avenue,Anderson, IN 46012
$147,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:kevin majeski
Office:carpenter, realtors
MLS#:22055815
Source:IN_MIBOR
Price summary
- Price:$147,000
About this home
PRIME INVESTMENT OPPORTUNITY: Proven Student Rental Near Anderson University! Introducing 341 Park Avenue, an exceptional investment property ideally located just steps from Anderson University in Anderson, Indiana. Built in 1917, this home offers timeless curb appeal paired with consistent rental demand, making it a smart addition to any investor's portfolio. || PROVEN RENTAL TRACK RECORD: Currently owned by a long-term investor, this property has a successful history of renting to university students, with high occupancy rates and reliable cash flow. The main level features three bedrooms, a full bath, and classic touches like hardwood floors, arched doorways, and craftsman-style woodworking-all attractive features for student tenants seeking comfort and character. || DUAL-INCOME POTENTIAL: Unlock dual-income streams with the fully finished basement apartment. Boasting its own private entrance, kitchen, full bath, and multiple storage rooms, this one-bedroom unit offers flexibility for separate leases or bundled rental arrangements. Both units share easy access to the laundry area, minimizing utility and maintenance expenses. || LOCATION AND AMENITIES THAT ATTRACT TENANTS: With a fenced backyard, large concrete parking pad, and secure storage shed, the home easily meets student lifestyle needs-including parking and secure space for bikes or gear. Overlooking a tranquil grassy area owned by a nearby church, it provides a quiet environment still within close reach of campus life. || SECURE, STEADY INVESTMENT: Take advantage of a property with proven performance and a prime location in the heart of one of Anderson's most desirable student rental areas. 341 Park Avenue offers reliable income potential and minimal vacancy risk due to its proximity to Anderson University and its longstanding reputation among students. Seize this chance to expand your portfolio with a property designed for rental stability and long-term returns.
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Home facts
- Year built:1917
- Listing ID #:22055815
- Added:25 day(s) ago
- Updated:September 06, 2025 at 07:24 AM
Heating and cooling
- Cooling:Central Electric
- Heating:Baseboard, Electric, Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1917
- Lot area:0.12 Acres
Schools
- High school:Anderson High School
- Middle school:Highland Middle School
Utilities
- Water:Water
- Sewer:Separate Sewer Meter, Sewer
Finances and disclosures
- Price:$147,000
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