520 Ruddle Avenue, Anderson, IN 46012

Anderson
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
520 Ruddle Avenue,Anderson, IN 46012
$149,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jada sparks green, stephen green
Office: exp realty, llc.
MLS#:22122337
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$149,900

About this home

Occupied duplex near Anderson University with established rental history and income already in place. The 520 Ruddle unit offers 2 bedrooms, 1 full bath, living room, kitchen, dedicated laundry and additional finished loft space. The 520 1/2 Ruddle unit includes 1 bedroom, 1 full bath, living room and kitchen. Current base rents total $1,450 per month, with an additional $349 per month collected for gas/propane, bringing current scheduled monthly collections to $1,799, or $21,588 annually. One tenant currently receives HUD rental assistance, and both units are occupied with tenants who have expressed an interest in remaining. Professional property management is currently in place. With existing tenancy, documented rental history and a location near Anderson University, this is an opportunity to acquire an income-producing Anderson duplex without starting from vacancy. Property management statements and recent unit inspection reports are available for buyer review.

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Home facts

  • Year built:1885
  • Subdivision & Development:J M Ruddells
  • Listing ID #:22122337
  • Added:60 day(s) ago
  • Updated:November 08, 2026 at 04:20 PM

Heating and cooling

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

Structure and exterior

  • Roof:Shingle
  • Year built:1885
  • Lot area:0.18 Acres
  • Construction Materials:Vinyl Siding
  • Foundation Description:Block

Schools

  • High school:Anderson High School
  • Middle school:Highland Middle School
  • Elementary school:Tenth Street Elementary School

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$149,900

Parking

  • Garage:Yes
  • Garage spaces:1
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