1422 Central

Anderson, IN

$235,000

1422 Central, Anderson, IN 46016

Anderson, IN 46016

MLS# MBR22127214

Listed 22 days ago

0 Beds
0 Baths

About this home

Investment opportunity featuring seven residential units divided between two buildings. Five units are currently occupied under written leases, generating a total of $3,665 per month in current rent. Two vacant units offer immediate value-add and additional income potential, with further potential for future rent increases. Convenient downtown location near shopping, employment and local amenities. Property is being sold subject to existing leases and tenants' rights. Rent roll and lease information are available.

Property Details

Type
Commercial
Lot Size
0.24 acres
Listed
22 days ago
County
Madison
Listing Office
RE/MAX Real Estate Solutions
Listing Agent
Candy Bair

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$1,188/mo

Principal & interest
$1,188
Loan amount
$188,000

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Listed by RE/MAX Real Estate Solutions with Candy Bair.

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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, non-commercial 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 accurate by the Broker Listing Cooperative® listing service.

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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 13, 2026 at 3:16 PM 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 13, 2026 at 3:16 PM 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.