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ABOUT THIS HOME
Welcome to 1530 Ohio Ave in Anderson, IN-a tenant-occupied, turnkey investment property offering cash flow from day #1! This renovated 2-bedroom, 1-bath ranch features 940 sq. ft. plus an unfinished basement and is ideally located minutes from downtown, Anderson University, and under 10 minutes from Harrah's Hoosier Park & Casino. The current tenant is on a one-year lease through February 2027, paying $900/month, with utilities and lawn care paid by the tenant, keeping owner expenses low. Recent updates include fresh paint, new flooring, and upgraded PEX plumbing throughout. Inside, a spacious living room flows into a generously sized eat-in kitchen with pantry and laundry hookups, plus a welcoming three-season room at the front. Offered as-is, this low-maintenance property nearly hits the 2% rule at the asking price, making it a compelling addition to any rental portfolio. Solid location, stable tenancy, and immediate cash flow-this is an investor-ready opportunity you don't want to miss!
$49,900
$69,900
Welcome to 1530 Ohio Ave in Anderson, IN-a tenant-occupied, turnkey investment property offering cash flow from day #1! This renovated 2-bedroom, 1-bath ranch features 940 sq. ft. plus an unfinished basement and is ideally located minutes from downtown, Anderson University, and under 10 minutes from...
940
Sq Ft
1934
Year Built
2
Bedrooms
1
Bathrooms
Key things to know
- Basement
Price history
- PendingAccepted offer
May 8, 2026
- Listedat $69,900
Jul 28, 2025
Recent comparable sales
Comparative value
5 comps in this range
This home is 27% below median for similar nearby sales.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$69,900Listed· Jul 28, 2025
201 days on market
Layout
Schools
Anderson Community School Corp
Neighborhood
- Hamilton Town Center17.1 mi
- Hamilton Southeastern HS18.0 mi
- Conner Prairie20.0 mi
- Fishers High School20.2 mi
- IU Health North Hospital23.3 mi
- Westfield High School24.4 mi
PROPERTY DETAILS
Living Area
940 sq ft
Year Built
1934
Stories
One
Subdivision
No Subdivision
Bedrooms
2
Bathrooms
1 full
School District
Anderson Community School Corp

