• Property Type
  • Single Family Residence, Residential
  • 3
  • Bedrooms
  • 1
  • Bathroom
  • 1593 Sqft
  • Area Size
2623 Central Avenue, Anderson, IN 46016
  • $129,900
  • $129,900

Description

Turnkey investment opportunity with long-term lease already in place. This 3-bedroom rental is tenant-occupied and leased through January 2027 at $1,175/month, offering immediate cash flow and stability for investors. The property was remodeled approximately one year ago, with numerous updates throughout that help minimize near-term maintenance and capital expenditures. The efficient 3-bedroom layout provides strong rental demand while the 1,048 sq ft footprint keeps maintenance and turnover costs low-an ideal combination for investors looking to maximize return. Interior features include a spacious kitchen, dedicated laundry room, and a fully enclosed front porch that adds usable living space and tenant appeal. A basement provides storage and utility access, while outside the property offers off-street parking with a driveway plus an existing concrete pad in the rear. This is a true turnkey rental with stable income already in place, making it an excellent addition for both new and experienced investors.

  • Address: 2623 Central Avenue
  • City: Anderson
  • State/county: IN
  • Zip/Postal Code: 46016
  • Area: No Subdivision

Details

Updated on March 13, 2026 at 10:40 pm
  • Property ID 22089134
  • Price $129,900
  • Property Size 1593 Sqft
  • Land Area 0.08 Acres
  • Bedrooms 3
  • Rooms 5
  • Bathroom 1
  • Garage Size x x
  • Year Built 1955
  • Property Type Single Family Residence, Residential
  • Property Status Active

Additional details

  • Cooling None
  • Heating Forced Air
  • County Madison
  • Property Type Residential
  • Parking Alley Access
  • Middle School Highland Middle School
  • Architectural Style Bungalow

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Contact Information

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Preeti Chaggar

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