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1808 Nichol Avenue, 
Anderson, IN 46016

$54,900


2

Beds


1

Bath


1,136

Sq Ft


Single Family

Active

Listed by

Peter Stewart

Keller Williams Indpls Metro N

317-846-6300

Last updated:

November 21, 2025, 11:36 PM

MLS#

22072985

Source:

IN MIBOR

About This Home

1808 Nichol Avenue

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.

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1929

Price Summary

54,900

$48 per Sq. Ft.

MLS #:

22072985

Last Updated:

November 21, 2025, 11:36 PM

Added:

a day ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,136 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

2,272 Sq. Ft.

Year Built:

1929


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$54,900

Price per Sq. Ft:

$48 per Sq. Ft.

Source:IN MIBOR
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