341 Park Avenue, Anderson, IN 46012
  • $147,000
  • $145,000

Description

PRIME INVESTMENT OPPORTUNITY: Proven Student Rental Near Anderson University! Introducing 341 Park Avenue, an exceptional investment property ideally located just steps from Anderson University in Anderson, Indiana. Built in 1917, this home offers timeless curb appeal paired with consistent rental demand, making it a smart addition to any investor’s portfolio. || PROVEN RENTAL TRACK RECORD: Currently owned by a long-term investor, this property has a successful history of renting to university students, with high occupancy rates and reliable cash flow. The main level features three bedrooms, a full bath, and classic touches like hardwood floors, arched doorways, and craftsman-style woodworking-all attractive features for student tenants seeking comfort and character. || DUAL-INCOME POTENTIAL: Unlock dual-income streams with the fully finished basement apartment. Boasting its own private entrance, kitchen, full bath, and multiple storage rooms, this one-bedroom unit offers flexibility for separate leases or bundled rental arrangements. Both units share easy access to the laundry area, minimizing utility and maintenance expenses. || LOCATION AND AMENITIES THAT ATTRACT TENANTS: With a fenced backyard, large concrete parking pad, and secure storage shed, the home easily meets student lifestyle needs-including parking and secure space for bikes or gear. Overlooking a tranquil grassy area owned by a nearby church, it provides a quiet environment still within close reach of campus life. || SECURE, STEADY INVESTMENT: Take advantage of a property with proven performance and a prime location in the heart of one of Anderson’s most desirable student rental areas. 341 Park Avenue offers reliable income potential and minimal vacancy risk due to its proximity to Anderson University and its longstanding reputation among students. Seize this chance to expand your portfolio with a property designed for rental stability and long-term returns.

  • Address: 341 Park Avenue
  • City: Anderson
  • State/county: IN
  • Zip/Postal Code: 46012

Details

Updated on October 1, 2025 at 10:09 pm
  • Property ID 22055815
  • Price $147,000
  • Land Area 0.12 Acres
  • Garage Size x x
  • Year Built 1917
  • Property Type Duplex, Residential Income
  • Property Status Closed

Additional details

  • Roof Shingle
  • Cooling Central Air
  • Heating Baseboard,Electric,Forced Air,Natural Gas
  • County Madison
  • Property Type Residential Income
  • Parking Concrete
  • Middle School Highland Middle School
  • High School Anderson High School
  • Architectural Style Craftsman,Bungalow

Features

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Preeti Chaggar

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