1720 W 24th Street, Anderson, IN 46016
Local realty services provided by:CENTURY 21 Scheetz
1720 W 24th Street,Anderson, IN 46016
$65,000
- 2 Beds
- 1 Baths
- 1,086 sq. ft.
- Single family
- Pending
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22083657
Source:IN_MIBOR
Price summary
- Price:$65,000
- Price per sq. ft.:$39.9
About this home
Welcome to 1720 W 24th St, a turnkey, tenant-occupied investment opportunity located just southwest of downtown Anderson. This durable concrete block ranch sits on a manageable corner lot fully enclosed by a chain-link fence and offers strong rental fundamentals from day one. The current lease runs from 5/1/26 through 4/30/27 at $900/month, which hits nearly a 1.4 rent-to-price ratio and provides immediate cash flow for the next owner. The tenant is responsible for all lawn maintenance and utilities, and the property is professionally managed by Midwest Property Management, making this a truly hands-off addition to your portfolio. The home features 1,086 sq ft with 2 bedrooms, 1 full bath, a split-bedroom layout, arched doorways, galley-style kitchen with ample cabinet space, side-by-side laundry hookups, central heat/air, a 588 sq ft unfinished basement with daylight windows, and a 1-car attached garage. The unique blue metal roof adds curb appeal and long-term durability, while the front deck and ramp provide easy accessibility. Located around the corner from Anderson Speedway and Jackson Park, and under 10 minutes from St. Vincent Hospital, Meadowbrook Golf Course, the casino, and horse track, this property is well positioned for continued rental demand. Property is sold as-is, price is firm, and no creative/seller financing or wholesalers will be considered....
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Home facts
- Year built:1948
- Listing ID #:22083657
- Added:106 day(s) ago
- Updated:July 21, 2026 at 07:51 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Dining Description:Dining Combo/Living Room
- Kitchen Description:Electric Oven, Refrigerator
- Basement:Yes
- Basement Description:Basement, Unfinished
- Living area:1,086 sq. ft.
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1948
- Building area:1,086 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Mature Trees
- Architectural Style:Ranch
- Construction Materials:Block
- Foundation Description:Block
Utilities
- Water:Public Water
Finances and disclosures
- Price:$65,000
- Price per sq. ft.:$39.9
Features and amenities
- Appliances:Refrigerator
- Laundry features:Laundry in Unit
- Amenities:Attic Access
Parking
- Garage:Yes
- Garage spaces:1
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