2313 E 5th Street

Anderson, IN 46012

This is the investment you've been waiting for! Presenting a fully turnkey 2-bed, 1-bath ranch home on Anderson's desirable east side, with a long-term tenant in place, currently paying $1,000/month (lease through 6/30/25). This property is performing well above the 1% rule, making it an ideal addition to any portfolio. Located just minutes from Anderson University, downtown, and the newly renovated Harrah's Casino, this home offers both convenience and demand. The property has undergone a full renovation, featuring a new roof, fresh siding, updated interior paint, modern flooring, a completely remodeled kitchen with white shaker cabinets and stainless steel appliances, and a sleek, updated bathroom. Set on a 0.15-acre lot, the home also includes a detached 1-car garage, a long gravel driveway, and a private backyard shaded by mature trees. A spacious rear deck adds to the appeal, perfect for tenants who enjoy outdoor living. With the tenant covering all utilities, this low-maintenance, cash-flowing rental is ready to start delivering returns from day one. Add this great property to your portfolio today!!

Listing courtesy of Keller Williams Indpls Metro N 3174509202



Listings courtesy of as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. 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.

Copyright © 2024 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.