Come see this fully occupied triplex, just blocks away from Anderson University campus. There is a history of consistent rental income, and consistent upkeep overtime. The property has close proximity to tons of amenities, major retailers, shops, downtown Anderson, and is just minutes from Mounds State & Shadyside Memorial Parks. The backyard is perfect for relaxing in the evenings or enjoying a bonfire with friends and family. Recent improvements and maintenance include: two new water heaters, installation of additional electrical panel, remodeling of both front & back decks, adding additional laundry room for ADU, new paint & landscaping. Two of the three units have longterm tenants in place through Spring of 2026. The other is month to month. If you're looking for a new investment in a great location - schedule a private tour today!
Active
$240,000
607 Chestnut St, Anderson, IN 46012
5beds
5baths
--sqft
Est.:
Multi Family, Triplex
Built in 1941
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 1 day
- on Zillow |
- 107 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 06:41am
Listing Provided by:
Matthew Wehner 765-610-4810,
Gardner Property Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22054306

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Main level bathrooms: 5
Heating
- Forced Air
Cooling
- Central Air, Window Unit(s)
Appliances
- Laundry: Laundry Room, In Basement
Features
- Basement: Apartment,Partially Finished
Property
Parking
- Parking features: Asphalt
- Details: Unit Parking(On Street, Paved Area)
Features
- Levels: Two and a Half
- Stories: 2
- Exterior features: Balcony, Gas Grill, Fire Pit
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 7,840.8 Square Feet
Details
- Has additional parcels: Yes
- Parcel number: 481207301027000003
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Triplex
Materials
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1941
Community & HOA
Community
- Subdivision: Walnut Park
Location
- Region: Anderson
Financial & listing details
- Tax assessed value: $110,800
- Annual tax amount: $2,462
- Date on market: 8/5/2025
- Tenant pays: No Utilities
- Road surface type: Asphalt
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