1105-1107 W 11th Street, Anderson, IN 46016
Local realty services provided by:CENTURY 21 Affiliated
1105-1107 W 11th Street,Anderson, IN 46016
$118,750
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: ryan orrCell: 765-744-9500
Office: re/max real estate groups
MLS#:202613965
Source:Indiana Regional MLS
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Price summary
- Price:$118,750
About this home
This package features six consistently high-demand rental duplex properties (12 units) situated in the Anderson, IN market. The portfolio offers a secure, well-managed investment with immediate upside potential. Stable Income Stream: The properties demonstrate strong, reliable cash flow, supported by excellent historical rent collection and exceptional occupancy rates (minimal historical vacancy). Turnkey Efficiency: Current owners have meticulously maintained the units, significantly minimizing the need for immediate Capital Expenditure (CapEx). Value-Add Opportunity: Current rents are below prevailing market rates for comparable local properties, providing a clear path for substantial income growth through gradual rent increases to achieve market value. Tenant Stability: Due to diligent maintenance, the properties have high long-term tenant satisfaction, contributing to low turnover. Seller will sell individually or as a group-addresses: 403-405 W 5th St, 1105-1107 W 11th St, 1109-1111 W 11th St, 1303-1305 Sycamore, 615-615 1/2 Madison and 1815 - 1815 1/2 Fletcher....
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Home facts
- Year built:1963
- Listing ID #:202613965
- Added:43 day(s) ago
- Updated:June 03, 2026 at 06:16 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Basement Description:Crawl
Heating and cooling
- Heating:Baseboard, Electricity
Structure and exterior
- Year built:1963
- Lot Features:Level
- Architectural Style:One Story
- Construction Materials:Aluminum, Brick
- Levels:1 Story
Schools
- High school:Anderson
- Middle school:Highland
- Elementary school:Tenth Street
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$118,750
- Tax amount:$750
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