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    1309 Pearl St Anderson, IN 46016

    For Sale
    $124,900

    Duplex - Anderson, IN

    Type:Duplex
    Lot size:
    0.07 Acres
    Days on Market:
    130
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 1309 Pearl St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    APN
    481113101009000003
    Parking features
    On Street
    Lot size
    0.07 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1860
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    Other

    RE/MAX Real Estate Solutions (765) 640-1900 [email protected]

    Listing agent Cory Parker (765) 640-1900

    Listing date Jul 30, 2025

    MLS# 22044126 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Anderson Duplex: Investment Opportunity

    This investment property is a duplex located minutes from downtown Anderson, Indiana. The property features two units with separate entries: one unit has one bedroom and one bathroom, and the other has two bedrooms and two bathrooms. The lot size is 0.07 acres. Tenants are responsible for all utility payments. A new water line has been installed from the street to the home, improving the property's infrastructure. This property offers income potential in a desirable area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.674546
    Latitude
    40.102899

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    FAQs

    What type of property is this?
    Duplex - Duplex near downtown Anderson with income potential.
    Where is this duplex located?
    The property is located at 1309 Pearl St Anderson, IN.
    What is the asking price?
    The asking price for this property is $124,900.
    What are key features of this property?
    This property features: - Investment property with income potential; - Located minutes from downtown Anderson; - Two units: **a 1-bed/1-bath and a 2-bed/2-bath**
    (765) 640-1900
    Request Owner's contact information
    1309 Pearl St Anderson, IN 46016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1309 Pearl St Anderson, IN 46016
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