REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Emily Huskey • Keller Williams Indy Metro Partners
$ 200,000
Est. payment /mo
New
1202 E 8th Anderson, IN 46012
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Chestnut Park
MLS Listing ID 22111608
Year Built 1920
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Duplex
Property Description
All completed in 2016: Vinyl siding, dimensional shingle roof, vinyl windows, 2 high efficiency furnaces and A/C units, 2 water heaters, remodel with LVP flooring, new plumbing and electrical. Shared washer/dryer in basement. Current leases- 1202 unit at $1,410 per month (includes $150 for utilities) expiring 2/28/2027 and 1204 unit at $865 per month (includes $90 for utilities) expiring 10/31/2026. The units have shared gas and water/sewer. The electric is individually metered. Unlock the potential of this duplex, offering an excellent opportunity for investors and owner occupants alike. With strong potential, this property has the potential for a new owner to increase cash flow by capitalizing on higher market rents. Whether you're looking to expand your investment portfolio or get started in real estate, this property offers flexibility and long term potential. Live in one unit while renting the other to help offset (or potentially cover) a significant portion of your mortgage, making it an ideal house hacking opportunity. Don't miss the opportunity to add value and make this property work for your financial goals.
Location
State IN
County Madison
Rooms
Basement Cellar
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Roof Type Asphalt,Shingle
Building
Story Two
Foundation Block
Structure Type Vinyl Siding
New Construction false
Schools
Middle Schools Highland Middle School
School District Anderson Community School Corp
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.