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$225,000

For Sale

3 months ago

817 W 5Th St, Anderson, IN

House

MLS® 22113219

5 Bed

2 Bath

2732 sqft

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2732 sqft
Garage 
Taxes 
Days Active 90
Lot Size 0.15 Acres
Approx. Age 1890
Avg. Price Per Sqft $82
MLS® Number 22113219

Property Address: 817 W 5th St, Anderson, IN, 46016-1015

Average square foot calculated using Size range provided by listing agent.

Description

Space, style, and investment potential come together in this beautifully updated 5-bedroom, 2-bath home offering nearly 2, 900 square feet of living space. With extensive improvements already completed and a tenant in place, this property offers an attractive opportunity for investors seeking a spacious, stabilized rental. The main level features both a generous living room and separate family room, providing flexible spaces for entertaining, relaxing, or working from home. Two spacious bedrooms and a remodeled full bathroom are conveniently located on the main level. The updated kitchen serves as the heart of the home, with modern finishes and an open layout that flows into a welcoming dining area ideal for everyday meals and gatherings. Upstairs, you'll find three additional bedrooms and a second remodeled full bathroom, providing plenty of room and a versatile floor plan. Major improvements include the roof, siding, windows, HVAC system, and flooring, giving the next owner peace of mind while minimizing the need for immediate capital improvements. Outside, a wood deck provides additional living space for grilling, entertaining, or enjoying the backyard. Currently tenant-occupied and generating $2, 100 per month in rental income, or $25, 200 annually. The current lease runs through March 30, 2027, providing immediate rental income for the next owner. A great opportunity to add a large, updated rental property to your portfolio with high income already in place. Can also be combined with MLS 22120318. Tenant occupied. The seller will allow interior showings after an offer is accepted. Please do not disturb the tenant.
MLS® Number22113219
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1890
BasementUnfinished
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral Air

Extras

Rooms

Dining Room:Main Floor13 × 15 ft
Bedroom 2:Main Floor14 × 14 ft
Living Room:Main Floor14 × 13 ft
Other:Main Floor16 × 14 ft
Kitchen:Main Floor14 × 13 ft
Family Room:Main Floor16 × 14 ft
Bedroom 3:Upper Level20 × 10 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 9, 2026List Date
$225,000List Price
Mar 19, 2025End Date
$60,000Sold Price

Sold

Mar 14, 2025List Date
$54,900List Price
  • Commute

Commute

Starting Address
Destination Address
817 W 5Th St, Anderson, IN

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