Save
Ask
Tour
Hide
Share
$54,900
18 Days On Site

1808 Nichol Avenue
Anderson, IN 46016

For Sale|Single Family Residence|Active
2
Beds
1
Total Bath
1
Full Bath
1,136
SqFt
$48
/SqFt
1929
Built
Subdivision:
No Subdivision
County:
Madison
Listing courtesy of Keller Williams Indpls Metro N 3174509202

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

1808 Nichol Avenue1808 Nichol Avenue1808 Nichol Avenue1808 Nichol Avenue
Save
Ask
Tour
Hide
Share

Investor Alert! Don't miss this great value-add single family home located near downtown Anderson. Once renovated it should rent for above the 1% rule!! The home has 2 bedrooms, 1 bathroom, a formal living room, formal dining room, spacious kitchen, and a laundry room. Just over 1100sq ft of finished living space. There is also an unfinished basement - great for extra storage, a workout area, workshop, etc. Property also has a large concrete pad in the back for dedicated off street parking. It is currently vacant. No HOA! Excellent location within one mile of downtown Anderson, the property benefits from convenient access to local amenities and public transportation, further enhancing rental demand. Whether you're looking to expand your portfolio with a value-add cash-flowing rental or prefer a BRRRR or flip strategy, this property provides a golden chance to invest in a rapidly improving area. Capitalize on this opportunity and grow your real estate portfolio today! Property sold-as is. Cash or hard money only due to condition.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$54,900
Days On Site 
18 Days
Bedrooms 
2
Inside Area (SqFt) 
1,136 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
1929
MLS® Number 
22072985
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 weeks agoListing first seen on site
3 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.14
Foundation 
Block
Levels 
One
Parking 
Alley AccessOther
Property Condition 
Fixer
Property Sub Type 
Single Family Residence
SqFt Total 
2272
Style 
Ranch
Water Source 
Public
Interior Features
Appliances 
Gas OvenRefrigerator
Basement 
Unfinished
Flooring 
Hardwood
Heating 
Forced Air
Laundry Features 
Main Level
Main Level Bedrooms 
2
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Aluminum Siding
Patio And Porch 
Covered
Community Features
Horse Property 
None
MLS Area 
4810 - Madison - Anderson NW
School District 
Anderson Community School Corp
Township 
Anderson
Schools
School District
Anderson Community School Corp
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Indpls Metro N 3174509202



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® 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 2025-12-10 12:41 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 © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share