2122 Pearl Street, Anderson, IN 46016
- $114,900
- $119,900
Description
Anderson quadplex ready for its next investor! This fully occupied four-unit property includes two main-level units and two upper-level units, all 1-bed and 1-bath apartments, offering a balanced layout and straightforward management. With current under-market rents producing approximately $1,725 per month in gross income, the property provides solid cash flow with room to grow as updates are completed between turns. Two storage sheds offer additional on-site utility for tenants or the owner. Priced near the 1.5% rule and with potential for a BRRR-style strategy, this property presents a rare opportunity to acquire an income-producing asset with clear value-add potential.
Address
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Address: 2122 Pearl Street
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City: Anderson
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State/county: IN
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Zip/Postal Code: 46016
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Area: No Subdivision
Details
Updated on December 31, 2025 at 10:09 pm-
Property ID 22068619
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Price $114,900
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Land Area 0.14 Acres
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Garages 2
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Garage Size x x
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Year Built 1890
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Property Type Quadruplex, Residential Income
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Property Status Closed
Additional details
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Roof Asphalt
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County Madison
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Property Type Residential Income
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