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Sold
  • $100,000

    2122 Pearl St, Anderson, IN 46016

    4beds
    4baths
    --sqft
    Multi Family, Quadruplex
    Built in 1890
    -- sqft lot
    $102,500 Zestimate®
    $--/sqft
    $982 Estimated rent

    Home value

    $102,500

    $87,000 - $121,000

    $982/mo

    Zestimate® history
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    $982/mo

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    Rent Zestimate®

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    $486/mo

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    $486/mo

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    What's special

    Anderson quadplex ready for its next investor! This fully occupied four-unit property includes two main-level units and two upper-level units, all 1-bed and 1-bath apartments, offering a balanced layout and straightforward management. With current under-market rents producing approximately $1,725 per month in gross income, the property provides solid cash flow with room to grow as updates are completed between turns. Two storage sheds offer additional on-site utility for tenants or the owner. Priced near the 1.5% rule and with potential for a BRRR-style strategy, this property presents a rare opportunity to acquire an income-producing asset with clear value-add potential.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Jonah Hartsburg 317-300-4688,

    Hoosier Hub Realty, LLC

    Bought with:

    Zachary Erby

    Hashtag Real Estate

    Source: MIBOR as distributed by MLS GRID,MLS#: 22068619MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    • Details: Unit Parking(1 Car Garage, On Street, Parking Lot, Unpaved)
    Lot
    • Size: 6,098 sqft
    Details
    • Parcel number: 481113401185000003

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Quadruplex
    Materials
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1890

    Community & neighborhood

    Location
    • Region: Anderson
    • Subdivision: No Subdivision

    Price history

    DateEventPrice
    12/19/2025Sold$100,000-13%
    Source: MIBOR as distributed by MLS GRID #22068619 Report a problem
    11/1/2025Pending sale$114,900
    Source: MIBOR as distributed by MLS GRID #22068619 Report a problem
    10/30/2025Price change$114,900-4.2%
    Source: MIBOR as distributed by MLS GRID #22068619 Report a problem
    10/23/2025Price change$119,900-7.7%
    Source: MIBOR as distributed by MLS GRID #22068619 Report a problem
    10/17/2025Listed for sale$129,900
    Source: MIBOR as distributed by MLS GRID #22068619 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,251 +6.9%$61,300 +8.9%
    2024$1,170 -0.2%$56,300 +9.3%
    2023$1,172 +9%$51,500 -0.2%
    2022$1,076 +9.8%$51,600 +9.6%
    2021$980 +2.8%$47,100 +10.3%
    2020$953 +5.9%$42,700 +2.9%
    2019$899 +16%$41,500 +8.1%
    2018$775 $38,400 +0.8%
    2017$775 +240.3%$38,100
    2016$228 +5.5%$38,100 +41.6%
    2014$216 +0.9%$26,900
    2013$214 +13.1%$26,900 +2.3%
    2012$189 $26,300 -4.4%
    2011-- $27,500 -3.5%
    2010$228 +14.4%$28,500 +3.6%
    2009$199 $27,500 -39.2%
    2006-- $45,200 +5.4%
    2005-- $42,900

    Find assessor info on the county website

    Neighborhood: 46016

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $102,500
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    Estimated market value
    $102,500