1530 Ohio Ave | Image 1
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$49,900

Pending

8 months ago

1530 Ohio Ave, Anderson, IN

House

MLS® 22052071

2 Bed

1 Bath

940 sqft

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 940 sqft
Garage No
Taxes 
Lot Size 0.07 acres
Approx. Age 1934
Avg. Price Per Sqft $53
MLS® Number 22052071

Property Address: 1530 Ohio Ave, Anderson, IN, 46016-1934

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

Description

Welcome to 1530 Ohio Ave in Anderson, IN-a tenant-occupied, turnkey investment property offering cash flow from day #1! This renovated 2-bedroom, 1-bath ranch features 940 sq. Ft. Plus an unfinished basement and is ideally located minutes from downtown, Anderson University, and under 10 minutes from Harrah's Hoosier Park & Casino. The current tenant is on a one-year lease through February 2027, paying $900/month, with utilities and lawn care paid by the tenant, keeping owner expenses low. Recent updates include fresh paint, new flooring, and upgraded PEX plumbing throughout. Inside, a spacious living room flows into a generously sized eat-in kitchen with pantry and laundry hookups, plus a welcoming three-season room at the front. Offered as-is, this low-maintenance property nearly hits the 2% rule at the asking price, making it a compelling addition to any rental portfolio. Solid location, stable tenancy, and immediate cash flow-this is an investor-ready opportunity you don't want to miss!
MLS® Number22052071
Laundry Level
Central VacNo
FireplaceNo
Acreage0.07
Exterior
GarageNo
Approx. Age1934
BasementUnfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 2:Main Floor9 × 10 ft
Kitchen:Main Floor12 × 14 ft
Living Room:Main Floor21 × 13 ft
Other:Main Floor6 × 8 ft
Other:Main Floor10 × 11 ft

Price History

-End Date
-Sold Price

Pending

Jul 28, 2025List Date
$49,900List Price
  • Commute

Commute

Starting Address
Destination Address
1530 Ohio Ave, Anderson, IN

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