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Listed by Kevin Majeski • Carpenter, REALTORS®

$147,000

Est. payment - /mo

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5,227 Sqft Lot

Pending

341 Park AVE Anderson, IN 46012

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Rebecca Wright

rebeccawright@epique.me +1(765) 543-8129

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Subdivision J M Ruddells

MLS Listing ID 22055815

Year Built 1917

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Duplex

Property Description

PRIME INVESTMENT OPPORTUNITY: Proven Student Rental Near Anderson University! Introducing 341 Park Avenue, an exceptional investment property ideally located just steps from Anderson University in Anderson, Indiana. Built in 1917, this home offers timeless curb appeal paired with consistent rental demand, making it a smart addition to any investor's portfolio. || PROVEN RENTAL TRACK RECORD: Currently owned by a long-term investor, this property has a successful history of renting to university students, with high occupancy rates and reliable cash flow. The main level features three bedrooms, a full bath, and classic touches like hardwood floors, arched doorways, and craftsman-style woodworking-all attractive features for student tenants seeking comfort and character. || DUAL-INCOME POTENTIAL: Unlock dual-income streams with the fully finished basement apartment. Boasting its own private entrance, kitchen, full bath, and multiple storage rooms, this one-bedroom unit offers flexibility for separate leases or bundled rental arrangements. Both units share easy access to the laundry area, minimizing utility and maintenance expenses. || LOCATION AND AMENITIES THAT ATTRACT TENANTS: With a fenced backyard, large concrete parking pad, and secure storage shed, the home easily meets student lifestyle needs-including parking and secure space for bikes or gear. Overlooking a tranquil grassy area owned by a nearby church, it provides a quiet environment still within close reach of campus life. || SECURE, STEADY INVESTMENT: Take advantage of a property with proven performance and a prime location in the heart of one of Anderson's most desirable student rental areas. 341 Park Avenue offers reliable income potential and minimal vacancy risk due to its proximity to Anderson University and its longstanding reputation among students. Seize this chance to expand your portfolio with a property designed for rental stability and long-term returns.

Location

State IN

County Madison

Rooms

Basement Apartment, Daylight, Egress Window(s), Exterior Entry, Finished, Full, Interior Entry

Interior

Heating Baseboard, Electric, Forced Air, Natural Gas

Cooling Central Air

Fireplace N

Exterior

Exterior Feature Storage Shed

View Y/N true

View Park/Greenbelt

Roof Type Shingle

Building

Story Two

Foundation Block, Full

Architectural Style Craftsman, Bungalow

Structure Type Vinyl With Stone

New Construction false

Schools

Middle Schools Highland Middle School

High Schools Anderson High School

School District Anderson Community School Corp

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Rebecca Wright

Agent | License ID: 396527050

+1(765) 543-8129

341 Park AVE Anderson, IN 46012

Rebecca Wright

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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341 Park AVE