Property Attributes
- MLS#22075422
- TypeSingle Family
- Listing Status Active
- CountyMADISON
- CityAnderson
- AreaAnderson
- NeighborhoodPeach Place
- Zip46016
- StyleRanch
- Year Built1920
- Taxes$ 1100
- Price$ 54,900
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1524
- Lot Size0.22 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description
Investor Alert! Don't miss this great single-family ranch home located near downtown Anderson. This turnkey rental property is rented for $1468/mo (HUD, MTM - owner pays utilities (avg $220/mo)) - well over the 2% rule!! The home sits on a deep lot and has 3 bedrooms, 1 bathroom, and just over 1000 sq ft of finished living space and a partial unfinished basement. Huge covered front porch and large partially fenced rear yard. No HOA! Excellent location within blocks of downtown Anderson, the property benefits from convenient access to local amenities and public transportation, further enhancing rental demand. If you're looking to expand your portfolio with a cash-flowing rental or prefer a BRRRR strategy, this property provides a golden chance to invest in a rapidly improving area. Capitalize on this opportunity and grow your real estate portfolio today! Property sold as-is.
| Price History | |
|---|---|
| 12/8/2025 | Listed $65,000 |
| 4/28/2026 | 8$59,900 |
| 7/31/2026 | 9$54,900 |
General Features
| Heating | Forced Air,Natural Gas |
|---|---|
| Cooling | None |
| Possession | Subject To Tenant Rights |
| Appliances | Gas Oven,Refrigerator,Gas Water Heater |
| Patio/Porch Features | Covered |
| Architectural Style | Ranch |
| Construction Materials | Vinyl Siding |
| Year Built | 1920 |
| Township | Anderson |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| County | Madison |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Peach Place |
| Garage Y/N | No |
| Total Rooms | 5 |
| Full Baths | 1 |
| Status | Active |
| Directions | GPS Friendly |
| City | Anderson |
| High School District | Anderson Community School Corp |
| MLS Area | 4810 - Madison - Anderson NW |
| Lot Size Square Feet | 9400 |
| Property Attached Y/N | No |
| Property Condition | Fixer |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Legal Description | Peach Place 0.0000Acres Str: 00000 Section: Plat: 59 In: Out: |
Interior Features
| Interior Amenities | Attic Access,Eat-in Kitchen |
|---|---|
| Basement | Partial,Unfinished |
| Basement (Y/N) | Yes |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 3 |
| LivingAreaSource | Assessor |
| Total Baths | 1 |
Exterior Features
| Fencing | Chain Link,Partial |
|---|---|
| Parking Features | Gravel |
| Water Source | Public |
| Foundation Details | Block,Crawl Space |
| Spa | No |
| Building Area Total | 1524 |
| Lot Size Acres | 0.22 |
| Waterfront Y/N | No |
| Other Equipment | None |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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Last Updated: September 21, 2026 1:11 PM UTC