$87,000
1820 Central Avenue
Excellent investment opportunity in the heart of Anderson! This two-story duplex features two rental units with strong income potential and a location that keeps demand high. Situated close to downtown, the hospital, and public transportation, this property attracts consistent tenants seeking convenience and accessibility. Unit One: 2 bedrooms, 1 bath – spacious layout ideal for long-term renters. Unit Two: 1 bedroom, 1 bath – efficient and easy to maintain with solid rental appeal. This is an as-is sale, and the price reflects the current condition, giving investors the chance to add value and maximize returns. With its central location, low-maintenance setup, and flexible unit mix, this property is perfectly suited for those looking to expand their portfolio or generate steady cash flow.
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Map to 1820 Central Avenue, Anderson, IN 46016
MLS #
202533384
Date Listed
2025-08-21
Status
Active
Property Type
Investment
Property SubType
Duplex
Square Feet
1762 sqft
New Construction
No
Style
Two Story
Type
Duplex
Basement
Yes
Bedrooms
3
Bathrooms
2
Year Taxes Payable
742.50
Year Built
1963
Virtual Tour
propertypanorama.com »
Days on Market
43
Room Dimensions
Living Room
1 × 0
Level
Family Room
695 ×
Level
5th Bedroom
2 × 0
Level
Bathroom Locations
Full Baths
3 Main
External Features
Construction
Duplex
Lot Size
5,663 sq ft
Acreage
0.13 Acres
Lot Dimensions
43x136
Fence
None
Location
Area
Madison County
County
Madison
Subdivision
None
Township
Anderson
City
Anderson
State
IN
Zip
46016
Schools
School District
Anderson Community
Elementary
Tenth Street
Middle School
Highland
High School
Anderson
Financial
Assoc. Dues
$0.00 Not Applicable
| MLS # | 202533384 |
|---|---|
| Date Listed | 2025-08-21 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Duplex |
| Square Feet | 1762 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Duplex |
| Basement | Yes |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Year Taxes Payable | 742.50 |
| Year Built | 1963 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 43 |
| Living Room | 1 × 0 | Level |
| Family Room | 695 × | Level |
| 5th Bedroom | 2 × 0 | Level |
| Full Baths | 3 Main |
| Construction | Duplex |
|---|---|
| Lot Size | 5,663 sq ft |
| Acreage | 0.13 Acres |
| Lot Dimensions | 43x136 |
| Fence | None |
| Area | Madison County |
|---|---|
| County | Madison |
| Subdivision | None |
| Township | Anderson |
| City | Anderson |
| State | IN |
| Zip | 46016 |
| School District | Anderson Community |
|---|---|
| Elementary | Tenth Street |
| Middle School | Highland |
| High School | Anderson |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202533384
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Hilary Casstevens
Epique Inc.
Listing updated September 4, 2025 at 2:45 pm
Last checked 11 minutes ago
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