1627 Brown

Anderson, IN

$159,000

1627 Brown, Anderson, IN 46016

Anderson, IN 46016 · No Subdivision

MLS# MBR22127136

Listed 22 days ago

0 Beds
0 Baths

About this home

Excellent investment opportunity at 1627 Brown St in Anderson! Centrally positioned in Anderson. This recently renovated 4-unit apartment building offers immediate rental income along with additional upside potential. The property features four 1-bedroom, 1-bath units, with three units currently occupied and one unit vacant. Current gross rental income is approximately $1,625 per month, with the potential for significantly higher income once the vacant unit is leased and rents are optimized. This an attractive opportunity for an investor looking for a multifamily property with improvements already completed. With four income-producing units under one roof, recent improvements, current rental income, and additional income potential, this property offers a strong opportunity to add a multifamily asset to your portfolio. Don't miss this 4-unit investment property!

Property Details

Type
Multi-Family
Year Built
1965
Lot Size
0.1 acres
Listed
22 days ago
County
Madison
Listing Office
Keller Williams Indy Metro Partners
Listing Agent
Stuart Houghton

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Estimate principal and interest for this listing.

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$31,800

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Estimated monthly payment

$804/mo

Principal & interest
$804
Loan amount
$127,200

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Listed by Keller Williams Indy Metro Partners with Stuart Houghton.

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eXp Realty, LLC

Indiana Regional MLSMIBOR Broker Listing Cooperative

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IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the Broker Listing Cooperative listing service as of October 8, 2026 at 8:31 AM EDT. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Based on information submitted to the MLS GRID as of October 8, 2026 at 8:31 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.