Welcome to 1530 Ohio Ave in Anderson, IN-a tenant-occupied, turnkey investment property offering cash flow from day #1! This renovated 2-bedroom, 1-bath ranch features 940 sq. ft. plus an unfinished basement and is ideally located minutes from downtown, Anderson University, and under 10 minutes from Harrah's Hoosier Park & Casino. The current tenant is on a one-year lease through February 2027, paying $900/month, with utilities and lawn care paid by the tenant, keeping owner expenses low. Recent updates include fresh paint, new flooring, and upgraded PEX plumbing throughout. Inside, a spacious living room flows into a generously sized eat-in kitchen with pantry and laundry hookups, plus a welcoming three-season room at the front. Offered as-is, this low-maintenance property nearly hits the 2% rule at the asking price, making it a compelling addition to any rental portfolio. Solid location, stable tenancy, and immediate cash flow-this is an investor-ready opportunity you don't want to miss!
Sold
Zillow last checked:
Listing updated:
Bought with:
Bronwyn Wuthrich
NextHome Elite Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22052071
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Sold | $54,900+10%$58/sqft |
Source:  MIBOR as distributed by MLS GRID #22052071 Report a problem | ||
| 5/11/2026 | Pending sale | $49,900$53/sqft |
Source: MIBOR as distributed by MLS GRID #22052071 Report a problem | ||
| 5/5/2026 | Listed for sale | $49,900$53/sqft |
Source: MIBOR as distributed by MLS GRID #22052071 Report a problem | ||
| 4/15/2026 | Listing removed | $49,900$53/sqft |
Source: MIBOR as distributed by MLS GRID #22052071 Report a problem | ||
| 4/15/2026 | Listed for sale | $49,900$53/sqft |
Source: MIBOR as distributed by MLS GRID #22052071 Report a problem | ||
| 3/16/2026 | Pending sale | $49,900$53/sqft |
Source: MIBOR as distributed by MLS GRID #22052071 Report a problem | ||
| 2/24/2026 | Listed for sale | $49,900$53/sqft |
Source: MIBOR as distributed by MLS GRID #22052071 Report a problem | ||
| 1/23/2026 | Listing removed | $49,900$53/sqft |
Source: MIBOR as distributed by MLS GRID #22052071 Report a problem | ||
| 11/6/2025 | Price change | $49,900-9.1%$53/sqft |
Source: MIBOR as distributed by MLS GRID #22052071 Report a problem | ||
| 9/30/2025 | Price change | $54,900-8.3%$58/sqft |
Source: MIBOR as distributed by MLS GRID #22052071 Report a problem | ||
| 8/15/2025 | Price change | $59,900-14.3%$64/sqft |
Source: MIBOR as distributed by MLS GRID #22052071 Report a problem | ||
| 7/28/2025 | Listed for sale | $69,900+40.1%$74/sqft |
Source: MIBOR as distributed by MLS GRID #22052071 Report a problem | ||
| 5/4/2022 | Listing removed | -- |
Source:  Carpenter Realtors Report a problem | ||
| 4/26/2022 | Listed for sale | $49,900$53/sqft |
Source: MIBOR as distributed by MLS GRID #21851111 Report a problem | ||
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Estimated market value
$55,300
