What to know about this one.
Fully occupied cash-flow investment property in Anderson. This income-producing asset offers immediate rental revenue with tenants in place, making it an ideal turnkey addition to any investor's portfolio. Convenient location near local amenities, schools, and major routes supports strong rental demand and long-term returns. Price reflects package deal of all addresses listed: 702 W 5th St Anderson IN, 205 N Lincoln Ave Alexandria IN , 1527 Walnut St Anderson IN, 820-822 Howard St Muncie IN.
Estimate your monthly payment
- P&I $4,184
- Property tax $658
- Insurance $277
Estimates only, not a quote. Defaults reflect Marion County / Indianapolis averages: property tax at 1.0% of price (Indiana homestead-capped at 1%), homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
Talk to a lender we trust1527 Walnut St
Anderson, IN 46016
