Anderson Real Estate Search

Anderson 2 Bedroom Properties for Sale

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Newest Anderson 2 Bedroom Properties for Sale

$70,000
2 Beds 1 Baths 22119004 MLS
Attention investors seeking immediate cash flow and strong yield! Located at 1502 Cedar St, Anderson, IN, this single-family investment opportunity is offered at an attractive entry price of $70,000. Featuring 2 spacious bedrooms, 1 full bathroom, 1,104 square feet of main-floor living space, and a 563-square-foot unfinished basement, this property delivers a functional layout on a level 0.15-acre lot equipped with a classic covered front porch and a 120-square-foot detached storage shed. The property's central location provides tenants with convenient access to key local attractions, including Anderson University, the historic Paramount Theatre, Mounds State Park, Anderson Speedway, and Harrah's Hoosier Park Racing & Casino. The property is currently tenant-occupied and producing steady rental income of $825 per month, with a lease in place through April 27, 2027. This property easily satisfies the investor-favorite 1% rule, making it an ideal cash-flowing asset right out of the gate. For an investor, this in-place lease means instant, turn-key cash flow from the day of closing with zero initial vacancy, zero advertising expenses, and no tenant-placement hassle. Having a reliable tenant locked in through Spring 2027 provides long-term stability and predictable income to cover your investment. Paired with low annual property taxes of roughly $491 per year, this home keeps your holding costs low and your net margins high. When the lease expires in April 2027, you retain complete strategic flexibility: you can choose to sign a lease renewal, adjust rents upward to capture future market growth, or perform selective cosmetic updates to boost forced equity and long-term appreciation. Whether you are expanding an established rental portfolio or securing your first income property, 1502 Cedar St combines a low entry price, minimal holding overhead, strong 1% rule performance, and guaranteed day-one returns. Schedule your showing today to add this turn-key cash genera

1502 Cedar, Anderson

$65,000
2 Beds 1 Baths 22119011 MLS
Attention investors seeking immediate cash flow and strong yield! Located at 2415 Cedar St, Anderson, IN, this single-family investment opportunity is offered at an attractive entry price of $65,000. Featuring 2 spacious bedrooms, 1 full bathroom, and 1,156 square feet of living space across a 1.5-story layout, this property delivers a functional floor plan on a level 0.07-acre lot equipped with a classic covered front porch. The property's central location provides tenants with convenient access to key local attractions, including Anderson University, the historic Paramount Theatre, Mounds State Park, Anderson Speedway, and Harrah's Hoosier Park Racing & Casino. The property is currently tenant-occupied and producing steady rental income of $931 per month, with a lease in place through March 31, 2027. This property easily satisfies the investor-favorite 1% rule, making it an ideal cash-flowing asset right out of the gate. For an investor, this in-place lease means instant, turn-key cash flow from the day of closing with zero initial vacancy, zero advertising expenses, and no tenant-placement hassle. Having a reliable tenant locked in through Spring 2027 provides long-term stability and predictable income to cover your investment. Paired with low annual holding costs, this home keeps your net margins high. When the lease expires in March 2027, you retain complete strategic flexibility: you can choose to sign a lease renewal, adjust rents upward to capture future market growth, or perform selective cosmetic updates to boost forced equity and long-term appreciation. Whether you are expanding an established rental portfolio or securing your first income property, 2415 Cedar St combines a low entry price, minimal holding overhead, strong 1% rule performance, and guaranteed day-one returns. Schedule your showing today to add this turn-key cash generator to your portfolio!

2415 Cedar, Anderson

$279,900
2 Beds 2 Baths 22113398 MLS
Rare opportunity! Tucked away at the end of a quiet dead-end street in highly desirable South Main Village, this beautifully maintained all-brick ranch condo offers the perfect blend of privacy, comfort, & carefree living. Backing to mature trees and open green space, you'll enjoy a peaceful setting while still being close to everything Anderson has to offer. New Windows! Designed with both everyday living and entertaining in mind, this spacious home offers a floor plan that lives more like a custom ranch than a typical condo. The welcoming living room features a beautiful tray ceiling, cozy gas fireplace, and large windows that fill the home with natural light. The formal dining room provides the perfect gathering space for holidays & family dinners, while the spacious kitchen offers abundant cabinetry, generous counter space, a breakfast bar, pantry, & plenty of room for preparing meals. Just beyond the kitchen, you'll find an inviting family room and an adjoining den/sunroom overlooking the backyard-ideal for a home office, reading room, craft room, or simply relaxing with your morning coffee. This flexible layout offers the extra living space buyers are searching for. The spacious primary suite is a true retreat featuring a large walk-in closet and private bath with a walk-in shower. A generously sized second bedroom and full guest bath provide comfortable accommodations for family and overnight guests. A separate laundry room, attached two-car garage, replacement windows, neutral decor, and exceptional care throughout make this home truly move-in ready. Step outside to your private patio surrounded by beautifully landscaped grounds, mature trees, and peaceful green space. Whether you're entertaining friends or enjoying a quiet evening outdoors, you'll appreciate the privacy and serenity this premium location provides. If you've been searching for quality construction, spacious room sizes, one-level living, and the convenience of a low-mainten

226 Saratoga Way, Anderson

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.