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  • $240,000

    607 Chestnut St, Anderson, IN 46012

    5beds
    5baths
    --sqft
    : 
    Multi Family, Triplex
    Built in 1941
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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!
    1 day
    on Zillow
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    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#: 22054306MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 607 Chestnut St.

    Next available tour time:Today at 2pm

    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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