1612 Cincinnati Avenue, Anderson, IN 46016

$57,000
3
BD
2
BA
1,080
SqFt

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Sold Price
$57,000
List Price
$59,000
Closing Date
Feb 12, 2026
MLS#
22075418
Property Type
Residential
Bedrooms
3
Bathrooms
2
Sqft. of Residence
1,080
Year Built
1900
Days on Market
66
Status
SOLD

Property Description

Investor Alert! Don't miss this great single-family ranch home located near downtown Anderson. This turnkey rental property is rented for $800/mo (HUD - tenant pays utilities) - well over the 1% rule!! The home sits on a corner lot and has 3 bedrooms, 1.5 bathrooms, and just over 1000sq ft of finished living space. Detached 2 car garage. No HOA! Excellent location within one mile of downtown Anderson, the property benefits from convenient access to local amenities and public transportation, further enhancing rental demand. If you're looking to expand your portfolio with a cash-flowing rental or prefer a BRRRR strategy, this property provides a golden chance to invest in a rapidly improving area. Capitalize on this opportunity and grow your real estate portfolio today! Property sold as-is.

Additional Information

Foundation
Block
Stories
One
Architecture
Ranch
Interior
Attic Access, Eat-in Kitchen
Acres
0.22
Heat
Forced Air, Natural Gas
Cooling
Central Air
Appliances
Electric Oven, Refrigerator
Semi-Annual Taxes
$503
Garage
Yes
Region
Anderson
Eating Areas
Dining Combo/Kitchen

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Indpls Metro N. Selling Office: RE/MAX Real Estate Solutions.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative