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Denise Wilson

denisewilsonrealtor@gmail.com +1(317) 339-9205

Listed by Peter Stewart • Keller Williams Indpls Metro N

$ 49,900

Est. payment | -/mo

2 Beds

1 Bath

940 SqFt

Save

$ 49,900

Est. payment | -/mo

Save

2 Beds

1 Bath

940 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 940 sqft

Price per Sqft $53

Subdivision No Subdivision

MLS Listing ID 22052071

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1934

Tax Year 2024

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Single Family Residence

Property Description

Welcome to 1530 Ohio Ave in Anderson, IN-a tenant-occupied, turnkey investment property offering cash flow from day #1! This renovated 2-bedroom, 1-bath ranch features 940 sq. ft. plus an unfinished basement and is ideally located minutes from downtown, Anderson University, and under 10 minutes from Harrah's Hoosier Park & Casino. The current tenant is on a one-year lease through February 2027, paying $900/month, with utilities and lawn care paid by the tenant, keeping owner expenses low. Recent updates include fresh paint, new flooring, and upgraded PEX plumbing throughout. Inside, a spacious living room flows into a generously sized eat-in kitchen with pantry and laundry hookups, plus a welcoming three-season room at the front. Offered as-is, this low-maintenance property nearly hits the 2% rule at the asking price, making it a compelling addition to any rental portfolio. Solid location, stable tenancy, and immediate cash flow-this is an investor-ready opportunity you don't want to miss!

Location

State IN

County Madison

Rooms

Basement Unfinished

Main Level Bedrooms 2

Interior

Interior Features Attic Pull Down Stairs, Eat-in Kitchen

Heating Forced Air, Electric

Cooling None

Equipment None

Fireplace Y

Appliance Electric Water Heater, MicroHood, Electric Oven

Exterior

View Y/N false

Building

Story One

Foundation Block

Water Public

Architectural Style Ranch

Structure Type Aluminum Siding

New Construction false

Schools

School District Anderson Community School Corp

Nearby Locations

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Denise Wilson

REALTOR® | Lic# RB14030234

denisewilsonrealtor@gmail.com

+1(317) 339-9205

8310 Allison Point Blvd Suite 201, Indianapolis, IN, 46250, USA

1530 Ohio AVE Anderson, IN 46016

Denise Wilson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

1530 Ohio AVE