1303-1305 Sycamore Street, Anderson, IN 46016
Local realty services provided by:CENTURY 21 Scheetz
1303-1305 Sycamore Street,Anderson, IN 46016
$127,900
- 3 Beds
- 2 Baths
- 2,870 sq. ft.
- Multi-family
- Active
Listed by: ryan orrCell: 765-744-9500
Office: re/max real estate groups
MLS#:202613963
Source:Indiana Regional MLS
Price summary
- Price:$127,900
- Price per sq. ft.:$27.21
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....
Contact an agent
Home facts
- Year built:1944
- Listing ID #:202613963
- Added:1 day(s) ago
- Updated:April 20, 2026 at 08:44 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Basement Description:Unfinished
- Living area:2,870 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
- Central air:Yes
Structure and exterior
- Year built:1944
- Building area:2,870 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Level
- Architectural Style:One and Half Story
- Construction Materials:Vinyl
- Levels:1 1/2 Stories
Schools
- High school:Anderson
- Middle school:Highland
- Elementary school:Anderson
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$127,900
- Price per sq. ft.:$27.21
- Tax amount:$750
Parking
- Garage spaces:1
New listings near 1303-1305 Sycamore Street
- New
$124,900Active2 beds 1 baths1,092 sq. ft.1811 E 10th Street, Anderson, IN 46012
MLS# 22096507Listed by: KELLER WILLIAMS INDY METRO NE - New
$112,900Active3 beds 2 baths1,952 sq. ft.615 - 615 1/2 Madison Avenue, Anderson, IN 46016
MLS# 202613954Listed by: RE/MAX REAL ESTATE GROUPS - New
$112,900Active4 beds 3 baths2,058 sq. ft.1815 & 1815 1/2 Fletcher Street, Anderson, IN 46016
MLS# 202613960Listed by: RE/MAX REAL ESTATE GROUPS - New
$114,900Active5 beds 2 baths1,968 sq. ft.403-405 W 5th Street, Anderson, IN 46016
MLS# 202613964Listed by: RE/MAX REAL ESTATE GROUPS - New
$139,900Active4 beds 2 baths2,020 sq. ft.1105-1107 W 11th Street, Anderson, IN 46016
MLS# 202613965Listed by: RE/MAX REAL ESTATE GROUPS - New
$139,900Active4 beds 2 baths2,020 sq. ft.1109-1111 W 11th Street, Anderson, IN 46016
MLS# 202613967Listed by: RE/MAX REAL ESTATE GROUPS - New
$285,000Active4 beds 3 baths2,800 sq. ft.5070 Stonespring Way, Anderson, IN 46012
MLS# 22094962Listed by: F.C. TUCKER/PROSPERITY - New
$269,900Active4 beds 2 baths2,020 sq. ft.902 Old Orchard Road, Anderson, IN 46011
MLS# 22095696Listed by: KELLER WILLIAMS INDY METRO NE - New
$135,000Active5 beds 2 baths2,875 sq. ft.2207 Fletcher Street, Anderson, IN 46016
MLS# 22095703Listed by: AMR REAL ESTATE LLC