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1413 Walnut Street, Anderson, IN 46016

No Subdivision · Madison County

Key Facts

1900Year Built
0.04Lot (acres)

Description

Unique income property featuring a duplex plus a detached ADU. The duplex includes a 3 bed / 1 bath currently rented at $1,325/month, providing immediate cash flow, and a 2 bed / 1 bath rented at $900/month with tenant giving notice, offering near-term upside. The detached 1 bed ADU is vacant and ready for turnover, creating an excellent opportunity to add value and boost total rents. Multiple income streams on one parcel make this a strong option for investors or owner-operators looking to maximize returns.

Property Information

Property Type

Residential Income

Sub-Type

Triplex

Year Built

1900

Lot Size

0.04 acres

Days on Market

1

MLS® Listing#

22083045

Property Features

Financial Details

Parcel Number

481113104186000003

Directions

GPS Friendly

Affordability Calculator

$42,000

Estimated monthly payment

$1,118/mo

Principal $168,000 · Est. interest $234,375 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Anderson, IN

45
Median Days on Market
1,447
Median Sq Ft
$117
Median Price / Sq Ft
276
Active Listings

Market statistics compiled from active EXIT Realty® and MLS listings in Anderson, IN.

Location

Map showing the location of 1413 Walnut Street, Anderson, IN 46016

Points of Interest in Anderson, IN

Showing the Anderson area map.

Nearby Schools

  • St Mary's Church Anderson

    School · 0.2 mi away

  • Anderson High School

    Secondary · 0.7 mi away

  • Liberty Christian School

    Secondary · 0.7 mi away

  • Anderson

    School · 0.8 mi away

  • Robinson Elementary School

    Elementary · 0.9 mi away

  • Liberty Christian School

    School · 1.0 mi away

  • Anderson Preparatory Academy

    School · 1.1 mi away

  • St Ambrose School

    School · 1.2 mi away

  • Anderson Intermediate School

    Secondary · 1.8 mi away

  • Anderson Preparatory Academy

    School · 1.8 mi away

  • Anderson Christian School

    School · 1.9 mi away

  • Eastside Elementary School

    Elementary · 1.9 mi away

  • Excel Learning Academy

    School · 1.9 mi away

  • Tenth Street Elementary School

    Elementary · 2.0 mi away

  • Sutong C.T.R.

    School · 2.0 mi away

  • Anderson Community Schools

    Elementary · 2.2 mi away

  • Anderson Elementary School

    Elementary · 2.2 mi away

  • Southview Preschool Center

    School · 2.2 mi away

  • North Side Middle School

    School · 2.2 mi away

  • North Anderson Children's Center

    School · 2.6 mi away

Commute Calculator

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Nearby Homes

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Moving Cost Estimate

EXIT Agents in Anderson

Listing Courtesy: RE/MAX Real Estate Solutions - peyton@propertieswithpeyton.com

Listings courtesy of MIBOR as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID, use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-02-06

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Data provided by MIBOR. MLS® Listing#22083045. © 2026EXIT Realty®. All rights reserved.