INVEST & INVEST in Anderson, Indiana, a distinctive triplex built in 1875 that captures the charm of an old farm house. Offering 1,214 square feet of living space, this 1.5-story property stands as a testament to historic character. Turned into a tri-plex for investment. Live in the two bedroom apartment on the main level. Living room, dining and spacious kitchen with the enclosed front porch. Hardwood floors and original trim. While renting the main level efficiency apartment and the one bedroom upstairs unit for additional income! The home showcases a classic bungalow style, that creates an inviting street presence. Covered back porch and the enclosed front porch add outdoor enjoyment to the main unit. The one car detached garage is great for storage. The units share laundry in the basement. Great way to start your investing.
Multi-familyProperty Type
1875Year Built
6,250 sq ftLot Size
$98Price/Sq.Ft.
1 car garageParking
Listed by Diane Wilson• RE/MAX Real Estate Solutions
The R4 District will permit residential use without limitation as to the number of families to be housed in a building so long as the prescribed lot area per family can be provided. Many multi-family dwellings and two-family dwellings occur in the R4 District, as well as many large older homes which would be suitable for conversion to multi-family use.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 18 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Anderson, IN • 46016
Average low and high temperatures (°F)
31
16
40
24
59
38
67
46
71
52
82
64
86
68
80
62
81
56
69
46
53
38
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 820 W 3rd St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $58,500 and $155,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $59K to $155K.