1338 Ohio Avenue

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Address: 1338 Ohio Ave, Anderson, IN 46016, USA
Chicago & Midwest + 2-4 Units
Created date: August 26, 2026
Date last updated: September 25, 2026
Price: $394,900Investment Analyzer NEW!

Property Description

A fully renovated, income-ready multifamily opportunity in downtown Anderson. This four-unit property features four studio apartments, each completely updated and outfitted with new HVAC systems and water heaters. Every unit is turnkey and move-in ready, allowing an investor to begin leasing immediately without stress from turnover. As an added bonus, this property is already outfitted and metered for a potential FIFTH UNIT. Very few steps away from converting this property into a 5-plex. With all major systems already replaced and interiors fully renovated, this property offers a low-maintenance path to steady cash flow. It's an ideal addition for investors seeking a stabilized asset or a strong entry point into the Anderson rental market. Schedule your showing today and start generating returns from day one.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $394,900
No. of Units: 4
Year Built: 1900
Opportunity Zone: No
Price per unit: $98,725
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 5
Address: 1338 Ohio Avenue, Anderson, IN 46016, USA
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