2319 Nichol Avenue, Anderson, IN
$ 93,900
Property Attributes
  • MLS#202404128
  • TypeMulti-Family
  • CountyMADISON
  • CityAnderson
  • AreaAnderson
  • Zip46016
  • StyleDuplex
  • Year Built1890
  • Taxes$ 1100
  • Price$ 93,900
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2506
Data Source:
Indiana Regional MLS (IRMLS)
Property Description

Just reduced. Back on market after the seller made improvements! Large duplex on a corner lot. Two units--One up and one down. Main level unit is occupied and has a spacious 3 bedrooms with a large living room and a bonus back room. Laundry area and it is a great access from back parking area. Ample street parking. Unfinished basement. Electric and gas are metered separately and each unit has it's own furnace. Shared water heater and water/sewer. Upper level unit can have 2 functional bedrooms if a closet or a wardrobe closet is added to the bonus room. Won't need much to make rent ready. Some vinyl replacement windows. Two new windows in upper unit. Professional property management in place. Sold As-Is. MTM Tenant's rights. Records show a SFH but has been used as a duplex for years. See attached about 2-family.

Elementary School Middle School High School
Anderson Elementary School Highland Junior High Anderson High School
Price History
2/9/2024 Listed $93,900

General Features

Heating Gas,Forced Air
Cooling None
Sewer Public
Pool Y/N No
Status Active
Full Baths 2
Bathrooms 2
Year Built 1890
New Construction No
Tenant Pays Cable,Electric,Heating
Subdivision None
Style Bi-Level
Stories 2
Township Anderson
Type Duplex
Age 134
Net Income 6640
Rent Income 9540
Zoning Description See attached
FIPS Code 18095
OwnerPays Building Insurance,Lawn Maintenance,Sewer,Water
Features Basement,Off Street Parking
Inside City Limits Yes
Associated Document Count 4
Annual Insurance Expense 1200
Status Active
Auction Y/N No
Area Madison County
High School Anderson
City Anderson
School District Anderson Community
Assoc. Dues Frequency Not Applicable
Pet Restrictions Y/N Yes
Total Sq Ft 3178
Street Name Nichol
Elementary School Anderson
Middle School Highland Junior High
Legal Description PRIVETTS 0.0000Acres STR: 00000 SECTION: PLAT: 11 IN: OUT:
Virtual Tour
Agent First Name Pamela
Agent Last Name Brown
Tax Year 2023

Interior Features

Basement Unfinished
Flooring Laminate,Mixed,Part Carpet
Beds 5
Total Number of Units 2
Unit 1 SqFt 1162
Unit 2 SqFt 672
Refrigerators 2
Total Finished SqFt 2506
Basement Y/N Yes
Above Grade Bedrooms 5
Ranges/Ovens 2
W/D Hookups 1
Above Grade Finished SqFt 1834
Below Grade Finished SqFt 672
Below Grade Unfin. SqFt 672
Main Level SqFt 672
Num. of 1 Bedrooms 1
Num. of 3 Bedrooms 1
Unit 2-# of Bedrooms 1

Exterior Features

Exterior Stone,Vinyl
Number of Parking Spaces 2
Lot Size Area 4914
Lot Dimensions 39x126
Lot Description Corner
Outbuilding None
Approx. Lot Size Acres 0.11
Waterfront Y/N No


  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS. Information last updated on February 20, 2024 10:28 PM UTC

Property vs Multi-Family Average in 46016

AVG $120K
AVG $1,238
AVG 68
Data Provided by Inside Real Estate®
Year Built
AVG 1904