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1808 Nichol Avenue, Anderson, IN 46016

Anderson
Local realty services provided by:CENTURY 21 Scheetz
1808 Nichol Avenue,Anderson, IN 46016
$41,000
  • 2 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Sold
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22072985
Source:IN_MIBOR

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Price summary

  • Price:$41,000

About this home

Investor Alert! Don't miss this great value-add single family home located near downtown Anderson. Once renovated it should rent for above the 1% rule!! The home has 2 bedrooms, 1 bathroom, a formal living room, formal dining room, spacious kitchen, and a laundry room. Just over 1100sq ft of finished living space. There is also an unfinished basement - great for extra storage, a workout area, workshop, etc. Property also has a large concrete pad in the back for dedicated off street parking. It is currently vacant. No HOA! Excellent location within one mile of downtown Anderson, the property benefits from convenient access to local amenities and public transportation, further enhancing rental demand. Whether you're looking to expand your portfolio with a value-add cash-flowing rental or prefer a BRRRR or flip strategy, this property provides a golden chance to invest in a rapidly improving area. Capitalize on this opportunity and grow your real estate portfolio today! Property sold-as...

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Home facts

  • Year built:1929
  • Listing ID #:22072985
  • Added:112 day(s) ago
  • Updated:March 14, 2026 at 04:28 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Hardwood Floors
  • Dining Description:Dining Combo/Living Room
  • Kitchen Description:Gas Oven, Refrigerator
  • Basement:Yes
  • Basement Description:Basement, Unfinished

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1929
  • Architectural Style:Ranch
  • Construction Materials:Aluminum Siding
  • Foundation Description:Block

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$41,000

Features and amenities

  • Appliances:Refrigerator
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