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Occupied Two-Unit Duplex
For Sale
$159,900

520 Ruddle Ave, Anderson, IN 46012

Income-producing residential property with established tenancy and professional management in place near Anderson University.

Property SizeContact for details
Days on Market10

Property Features for 520 Ruddle Ave

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Gross Income $21,588

Building Details

Buildings 1
Tenancy Multi
Listing Agency: eXp Realty, LLC
Listed By: Jada Sparks Green
Source: Exprealty
Added: Sep 4 Changed: Sep 12 Last Checked: Sep 12 at 10:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC

Investment Insights

Based on property information with market context.

This occupied duplex at 520 Ruddle Ave includes two separately configured units. The 520 Ruddle unit offers two bedrooms, one full bath, a living room, kitchen, dedicated laundry, and finished loft space. The 520 1/2 Ruddle unit contains one bedroom, one full bath, a living room, and kitchen.

Both units are currently occupied, and the tenants have expressed interest in remaining. Professional property management is in place, while one tenant receives HUD rental assistance. The property is located near Anderson University and includes an established rental history. Property management statements and recent unit inspection reports are available for buyer review.

Key Highlights

  • Two‑unit duplex at 520 Ruddle Ave, Anderson, IN
  • Unit mix includes 2 bedrooms and 1 bedroom
  • 520 Ruddle unit includes dedicated laundry and finished loft space

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Daycare Center Skin Care Clinic (Bike/Boat/Book/etc) Store Garden Center Nail Salon Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

793
Businesses Nearby

Demographics for 46012, IN

19,108
Population
9,659
Households
2
Avg Household Size
44
Median Age
22%
College-Educated
91%
High-School Grad
32.0 sq mi
ZIP Area
597
Density / Sq Mi
$58,538
Median Household Income
$36,017
Median Earnings
$982
Median Rent
$149,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Income-producing residential property with established tenancy and professional management in place near Anderson University.
Where is this duplex located?
The property is located at 520 Ruddle Ave Anderson, IN.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Two‑unit duplex at 520 Ruddle Ave, Anderson, IN; Unit mix includes 2 bedrooms and 1 bedroom; 520 Ruddle unit includes dedicated laundry and finished loft space
More about this property
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