Ad #7523832
MLS #22083657
Welcome to 1720 W 24th St, a turnkey, tenant-occupied investment
1720 W 24th St, Anderson, Indiana, 46016
$65,000
2Beds
1Baths
1,086Sqft
0.140Acres
About this property
Welcome to 1720 W 24th St, a turnkey, tenant-occupied investment opportunity located just southwest of downtown Anderson. This durable concrete block ranch sits on a manageable corner lot fully enclosed by a chain-link fence and offers strong rental fundamentals from day one. The current lease runs from 5/1/26 through 4/30/27 at $900/month, which hits nearly a 1.4 rent-to-price ratio and provides immediate cash flow for the next owner. The tenant is responsible for all lawn maintenance and utilities, and the property is professionally managed by Midwest Property Management, making this a truly hands-off addition to your portfolio. The home features 1,086 sq ft with 2 bedrooms, 1 full bath, a split-bedroom layout, arched doorways, galley-style kitchen with ample cabinet space, side-by-side laundry hookups, central heat/air, a 588 sq ft unfinished basement with daylight windows, and a 1-car attached garage. The unique blue metal roof adds curb appeal and long-term durability, while the front deck and ramp provide easy accessibility. Located around the corner from Anderson Speedway and Jackson Park, and under 10 minutes from St. Vincent Hospital, Meadowbrook Golf Course, the casino, and horse track, this property is well positioned for continued rental demand. Property is sold as-is, price is firm, and no creative/seller financing or wholesalers will be considered.
Property Features
2 Beds
1 Baths
1,086 Sqft
Built in 1948
0.140 Acres
Garage
Siding: Block
Forced Air
Madison County
Pleasant Walk Community
Additional Photos
Contact Information
Peter Stewart
Keller Williams Indianapolis Metro North
317-846-6300
Location
Listing Agent: Peter Stewart (License #: RB15000083) 317-846-6300
Broker: Keller Williams Indianapolis Metro North 317-846-6300 Listing Site
Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Keller Williams Indianapolis Metro North 317-846-6300 Listing Site
Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BarrierFreeHome.com
Printed Jun 9, 2026
Photo Gallery
$65,000
2
Beds
1
Baths
1,086
Sqft
1720 W 24th St, Anderson, Indiana, 46016
By contacting this agent you agree to these Terms and Conditions.
MLS# 22083657
Welcome to 1720 W 24th St, a turnkey, tenant-occupied investment
$65,000
1720 W 24th St, Anderson, Indiana, 46016
2
Beds
1
Baths
1,086
Sqft
0.140
Acres
$65,000
1720 W 24th St, Anderson, Indiana, 46016
2 Beds
1 Baths
1,086 Sqft
0.140 Acres
Accessibility Features
Accessible Approach with Ramp
Welcome to 1720 W 24th St, a turnkey, tenant-occupied investment opportunity located just southwest of downtown Anderson. This durable concrete block ranch sits on a manageable corner lot fully enclosed by a chain-link fence and offers strong rental fundamentals from day one. The current lease runs from 5/1/26 through 4/30/27 at $900/month, which hits nearly a 1.4 rent-to-price ratio and provides immediate cash flow for the next owner. The tenant is responsible for all lawn maintenance and utilities, and the property is professionally managed by Midwest Property Management, making this a truly hands-off addition to your portfolio. The home features 1,086 sq ft with 2 bedrooms, 1 full bath, a split-bedroom layout, arched doorways, galley-style kitchen with ample cabinet space, side-by-side laundry hookups, central heat/air, a 588 sq ft unfinished basement with daylight windows, and a 1-car attached garage. The unique blue metal roof adds curb appeal and long-term durability, while the front deck and ramp provide easy accessibility. Located around the corner from Anderson Speedway and Jackson Park, and under 10 minutes from St. Vincent Hospital, Meadowbrook Golf Course, the casino, and horse track, this property is well positioned for continued rental demand. Property is sold as-is, price is firm, and no creative/seller financing or wholesalers will be considered.
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Property Details
HOME DETAILS
2 Beds
1 Baths
1,086 Sqft
Built in 1948
0.140 Acres
EXTERIOR
Garage
Siding: Block
INTERIOR
Forced Air
FINANCIAL & COMMUNITY
Madison County
Pleasant Walk Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7523832
Viewed
12 times
Listing Status
Active
Added
Apr 05, 2026
Last Refresh
Jun 08, 2026 09:04:43 PM
Listing Information
Data Source
MIBOR Service Corporation
Source Property ID
22083657
Listing Agent: Peter Stewart (License #: RB15000083) 317-846-6300
Broker: Keller Williams Indianapolis Metro North 317-846-6300 Listing Site
Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Keller Williams Indianapolis Metro North 317-846-6300 Listing Site
Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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