This is the investment you've been waiting for! Presenting a fully turnkey 2-bed, 1-bath ranch home on Anderson's desirable east side, with a long-term tenant in place, currently paying $1,000/month (lease through 6/30/25). This property is performing well above the 1% rule, making it an ideal addition to any portfolio. Located just minutes from Anderson University, downtown, and the newly renovated Harrah's Casino, this home offers both convenience and demand. The property has undergone a full renovation, featuring a new roof, fresh siding, updated interior paint, modern flooring, a completely remodeled kitchen with white shaker cabinets and stainless steel appliances, and a sleek, updated bathroom. Set on a 0.15-acre lot, the home also includes a detached 1-car garage, a long gravel driveway, and a private backyard shaded by mature trees. A spacious rear deck adds to the appeal, perfect for tenants who enjoy outdoor living. With the tenant covering all utilities, this low-maintenance, cash-flowing rental is ready to start delivering returns from day one. Add this great property to your portfolio today!!
Sold
$75,000
2313 E 5th St, Anderson, IN 46012
2beds
1,144sqft
Residential, Single Family Residence
Built in 1940
6,534 Square Feet Lot
$128,700 Zestimate®
$66/sqft
$1,032 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 05, 2024 at 10:21am
Listing Provided by:
Peter Stewart peter@peterstewartrealty.com,
Keller Williams Indpls Metro N
Bought with:
Peter Stewart
Keller Williams Indpls Metro N
Peter Stewart
Keller Williams Indpls Metro N
Source: MIBOR as distributed by MLS GRID,MLS#: 22002428

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Carpet
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 80 Square Feet
- Dimensions: 8x10
Kitchen
- Features: Laminate
- Level: Main
- Area: 80 Square Feet
- Dimensions: 8x10
Living room
- Features: Laminate
- Level: Main
- Area: 252 Square Feet
- Dimensions: 18x14
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater, Gas Oven, Range Hood, Refrigerator
- Laundry: None
Features
- Windows: Windows Vinyl
- Basement: Unfinished
Interior area
- Total structure area: 1,144
- Total interior livable area: 1,144 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Fencing: Fenced,Partial
Lot
- Size: 6,534 sqft
- Features: Mature Trees
Details
- Parcel number: 481208302082000003
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1940
Utilities & green energy
- Water: Municipal/City
Community & neighborhood
Location
- Region: Anderson
- Subdivision: Homewood
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$128,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$128,700