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341 Park Avenue, 
Anderson, IN 46012

$147,000


Bed


Bath


-

Sq Ft


Multi-Family

Pending

Listed by

Kevin Majeski

Carpenter, Realtors

765-643-3357

Last updated:

September 6, 2025, 07:24 AM

MLS#

22055815

Source:

IN MIBOR

About This Home

341 Park Avenue

PRIME INVESTMENT OPPORTUNITY: Proven Student Rental Near Anderson University! Introducing 341 Park Avenue, an exceptional investment property ideally located just steps from Anderson University in Anderson, Indiana. Built in 1917, this home offers timeless curb appeal paired with consistent rental demand, making it a smart addition to any investor's portfolio. || PROVEN RENTAL TRACK RECORD: Currently owned by a long-term investor, this property has a successful history of renting to university students, with high occupancy rates and reliable cash flow. The main level features three bedrooms, a full bath, and classic touches like hardwood floors, arched doorways, and craftsman-style woodworking-all attractive features for student tenants seeking comfort and character. || DUAL-INCOME POTENTIAL: Unlock dual-income streams with the fully finished basement apartment. Boasting its own private entrance, kitchen, full bath, and multiple storage rooms, this one-bedroom unit offers flexibility for separate leases or bundled rental arrangements. Both units share easy access to the laundry area, minimizing utility and maintenance expenses. || LOCATION AND AMENITIES THAT ATTRACT TENANTS: With a fenced backyard, large concrete parking pad, and secure storage shed, the home easily meets student lifestyle needs-including parking and secure space for bikes or gear. Overlooking a tranquil grassy area owned by a nearby church, it provides a quiet environment still within close reach of campus life. || SECURE, STEADY INVESTMENT: Take advantage of a property with proven performance and a prime location in the heart of one of Anderson's most desirable student rental areas. 341 Park Avenue offers reliable income potential and minimal vacancy risk due to its proximity to Anderson University and its longstanding reputation among students. Seize this chance to expand your portfolio with a property designed for rental stability and long-term returns.

Home Facts

Multi-Family

Built in 1917

Price Summary

147,000

MLS #:

22055815

Last Updated:

September 6, 2025, 07:24 AM

Added:

a month ago


Structure

Structure

Architectural Style:

Bungalow, Craftsman

Year Built:

1917


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$147,000

Source:IN MIBOR
The information being provided by Metropolitan Indianapolis Board of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Metropolitan Indianapolis Board of Realtors All rights reserved.

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