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Listed by Alyssa Burton • Inspired Realty
$163,000
Est. payment /mo
5,662 Sqft Lot
New
2408 Brown ST Anderson, IN 46016
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22124080
Year Built 1900
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Triplex
Property Description
Investment opportunity! This triplex features a two-bedroom unit, a one-bedroom unit, and an efficiency apartment. Renovated in 2024 and recently fully leased for a combined $2,400 per month, the property offers strong income potential with minimal owner-paid expenses. Tenants responsible for all utilities and lawn care, owner pays monthly stormwater fee of $3.50. Two units are currently vacant, creating an excellent opportunity for an owner-occupant to house hack while generating rental income. A detached garage may also offer potential for conversion into an additional dwelling unit, subject to city approval. Qualified owner-occupants may be eligible for grant funds of up to $7,000 to which this address is eligible. Whether you're expanding your portfolio or looking to offset your housing costs, this versatile property is worth a look!
Location
State IN
County Madison
Interior
Fireplace N
Exterior
Garage Spaces 2.0
Building
Story Two
Foundation Block
Architectural Style Traditional
Structure Type Vinyl Siding
New Construction false
Schools
School District Anderson Community School Corp
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