Unlock the potential of this triplex, offering an excellent opportunity for investors and owner occupants alike. With strong upside potential, this property has the potential for a new owner to increase cash flow by updating the units with more modern finishes and capitalize on higher rents, or leave as-is for an easy portfolio addition. Whether you're looking to expand your investment portfolio or get started in real estate, this property offers flexibility and long term potential. Live in one unit while renting the other two to help offset (or potentially cover) a significant portion of your mortgage, making it an ideal house hacking opportunity. With multiple income streams, room to build equity through strategic improvements, and the chance to maximize rental income, this triplex is a savvy investment in today's market. Don't miss the opportunity to add value and make this property work for your financial goals. Electric metered separately. Tenants pay $50 each for water/sewer utility charge. Rents are $675-750 currently. Two 2/1 units, one 1/1 unit.
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Property information
Property type
Residential Income
Sub-type
Triplex
Year built
1886
Lot size
0.19 acres
Garage spaces
2
Days on market
88
Parcel number
481112302008000003
Features
Parking
Detached
Construction
Vinyl Siding
604 Hendricks StreetAnderson, IN 46016
Linden Home · Madison County
$170,000List price
1886Year built
0.19Acre lot
2Garage
12 weeks agoOn market
Description
Unlock the potential of this triplex, offering an excellent opportunity for investors and owner occupants alike. With strong upside potential, this property has the potential for a new owner to increase cash flow by updating the units with more modern finishes and capitalize on higher rents, or leave as-is for an easy portfolio addition. Whether you're looking to expand your investment portfolio or get started in real estate, this property offers flexibility and long term potential. Live in one unit while renting the other two to help offset (or potentially cover) a significant portion of your mortgage, making it an ideal house hacking opportunity. With multiple income streams, room to build equity through strategic improvements, and the chance to maximize rental income, this triplex is a savvy investment in today's market. Don't miss the opportunity to add value and make this property work for your financial goals. Electric metered separately. Tenants pay $50 each for water/sewer utility charge. Rents are $675-750 currently. Two 2/1 units, one 1/1 unit.
Property Information
Property type
Residential Income
Sub-type
Triplex
Year built
1886
Lot size
0.19 acres
Garage spaces
2
Days on market
88
MLS® Listing#
22111615
Property Features
Parking
Detached
Construction
Vinyl Siding
Foundation
Other
Parcel number
481112302008000003
Directions
GPS Friendly
Listing Courtesy: Keller Williams Indy Metro Partners - emilyhuskey@kw.com
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Last Updated: 2026-07-10T00:00:00.000Z
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