$ 175,000 $ 175,000

1121 E 31st ST

Anderson, IN 46016

  • 10,890 Lot Size
  • 1967 Year Built
Turnkey Brick Duplex - Strong Cash Flow & Low Maintenance! 1121/1123 East 31st Street, Anderson, IN 46016 Asking Price: $180,000 Solid investment opportunity! This all-brick duplex is fully rented and generating $1,775/month in gross income. Both units are 2 bedrooms / 1 bath, updated with central A/C added for tenant comfort and long-term value. Unit Details: 1121: $875/month 1123: $900/month (+$25 pet fee) Tenants pay all utilities except stormwater ($7/month), keeping owner expenses low. The property features a large, fully fenced front yard, ideal for pets or outdoor space, plus a detached 2-car garage with a separate storage area. There's also a washer/dryer hookup and gas line already run to the garage for added convenience or potential utility space. With strong rents, low maintenance, and stable tenants, this property delivers solid returns and -a great addition to any investor's portfolio. Monthly Income: $1,775 Annual Income: $21,300 Brick. Cash Flow. Location. Everything investors look for-don't miss this one!
Listed by Anthony Robinson of AMR Real Estate LLC

PROPERTY DETAIL

  • Key Details

    Sold Price $175,000

    Property Type Multi-Family

    Sub Type Duplex

    Listing Status Sold

    Purchase Type For Sale

    Subdivision 10Th Sub

    MLS Listing ID 22067402

    Sold Date 11/07/25

    Year Built 1967

    Tax Year 2024

    Lot Size 10,890 Sqft

    Acres 0.25

    Property Sub-Type Duplex

  • Location

    State IN

    County Madison

  • Building

    Story One

    Structure Type Brick

    New Construction false

  • Interior

    Fireplace N

  • Exterior

    Garage Spaces 2.0

  • Schools

    School District Anderson Community School Corp

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CONTACT

AMR Real Estate
AMR Real Estate

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