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1105-1107 W 11th Street
Anderson, IN 46016

$139,900 - Status: Active
SQFT: 2,020
MLS# 202613965

This package features six consistently high-demand rental duplex properties (12 units) situated in the Anderson, IN market. The portfolio offers a secure, well-managed investment with immediate upside potential. Stable Income Stream: The properties demonstrate strong, reliable cash flow, supported by excellent historical rent collection and exceptional occupancy rates (minimal historical vacancy). Turnkey Efficiency: Current owners have meticulously maintained the units, significantly minimizing the need for immediate Capital Expenditure (CapEx). Value-Add Opportunity: Current rents are below prevailing market rates for comparable local properties, providing a clear path for substantial income growth through gradual rent increases to achieve market value. Tenant Stability: Due to diligent maintenance, the properties have high long-term tenant satisfaction, contributing to low turnover. Seller will sell individually or as a group-addresses: 403-405 W 5th St, 1105-1107 W 11th St, 1109-1111 W 11th St, 1303-1305 Sycamore, 615-615 1/2 Madison and 1815 - 1815 1/2 Fletcher.

Property Features

MLS#: 202613965
Zip: 46016
Subdivision: Other
Development: Anderson
Property Type: Multi Unit - Multiple
Number of Units: 2
Basement: Crawl
Cooling: None
Days on Site: 8
Heating: Electricity, Baseboard
Home Style: Duplex
Lot Size: 0.15 acres
Stories: 1.0
Year Built: 1963

Feature Descriptions

Above Grade Finished SQFT: 2020
Amenities: Off Street Parking
Exterior: Aluminum, Brick, Other
Lot Description: Level
Lot Dimensions: 47x144
Owner Pays: Building Insurance, Tax
Sale Inclusions: Building, Lease
Sewer: City
Tenant Pays: Electric, Sewer, Water
Total Finished SQFT: 2020
Units: 2
Water: City

Local Schools

High School: Anderson
Middle School: Highland
Elementary School: Tenth Street
School District: Anderson Community

1105-1107 W 11th Street | MLS# 202613965

This multi-family property located at 1105-1107 W 11th Street, Anderson, IN 46016 is currently listed for sale with an asking price of $139,900. 1105-1107 W 11th Street is located within the Anderson Community school district. Search Anderson real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: RE/MAX Real Estate Groups
Agency Contact: Cell: 765-744-9500
Agent Name: Ryan Orr

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

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