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Property view

1109-1111 W 11th Street, 
Anderson, IN 46016

$118,750


4

Beds


2

Baths


2,020

Sq Ft


Multi-Family

Sold

Listed by

Ryan Orr, Cell: 765-744-9500

RE/MAX Real Estate Groups

MLS#

202613967

Source:

Indiana Regional MLS

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About This Home

1109-1111 W 11th Street

This package features six consistently high-demand rental duplex properties (12 units) situated in the Anderson, IN market. The portfolio offers a secure, well-managed investment with immediate upside potential. Stable Income Stream: The properties demonstrate strong, reliable cash flow, supported by excellent historical rent collection and exceptional occupancy rates (minimal historical vacancy). Turnkey Efficiency: Current owners have meticulously maintained the units, significantly minimizing the need for immediate Capital Expenditure (CapEx). Value-Add Opportunity: Current rents are below prevailing market rates for comparable local properties, providing a clear path for substantial income growth through gradual rent increases to achieve market value. Tenant Stability: Due to diligent maintenance, the properties have high long-term tenant satisfaction, contributing to low turnover. Seller will sell individually or as a group-addresses: 403-405 W 5th St, 1105-1107 W 11th St, 1109-1111 W 11th St, 1303-1305 Sycamore, 615-615 1/2 Madison and 1815 - 1815 1/2 Fletcher.

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1963

Price Summary

139,900

$69 per Sq. Ft.

MLS #:

202613967

Sold:

May 19, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,020 Sq. Ft.


Structure

Structure

Architectural Style:

One Story

Building Area:

2,020 Sq. Ft.

Year Built:

1963


Lot

Lot Size (Sq. Ft):

6,970


Finances & Disclosures

Finances

Price:

$139,900

Price per Sq. Ft:

$69 per Sq. Ft.

Source:Indiana Regional MLS
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.