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💡 Big House, Light Rehab, Solid Returns 📈 – 1520 E 8th St, Anderson, IN 46012 For Sale

  • $179,000
  • 4 beds
  • 2.5 baths
  • 2221 sqft
Located in the desirable Hillcrest neighborhood, this spacious single-family home offers strong upside with light value-add potential and solid fundamentals already in place 💰

Featuring 4 bedrooms, 2.5 baths, and 2,221 sq ft (plus a partially finished basement not included in square footage), this 1940-built home blends size, location, and functionality — making it attractive for both resale and high-end rental strategies.

✅ Property condition: Primarily cosmetic/value-add updates.

🔧 Major Mechanics:

  • Roof — 5 years old 🏠
  • Furnace — 10 years old 🔥
  • A/C — 15 years old ❄️
  • Water Heater — 3 years old 🚿
  • Vinyl Windows — 6 years old 🪟

🧱 Finished basement foundation (partial finish adds usable space & value)
🚗 2-car attached garage
🌳 8,140 sq ft lot in an established neighborhood

🔌 Utilities through CenterPoint & Anderson City (electric, gas, water, sewer)

With light rehab and strong square footage, this one fits nicely as a clean flip or solid long-term rental in a stable area 🔑💸


Recent Neighborhood Comps-

1606 E 8th – PENDING 249.9k (3 bed, 2.5 bath, 2,030 SF)
1606 E 7th – SOLD 230k (3 bed, 2 bath, 1,479 SF)

Please do not disturb the occupants. Contact us for showing details.All of our properties are sold “AS IS, WHERE IS” and buyer is responsible for their own due diligence before purchase. Our properties sell quickly to our highest and best offer. We require a signed purchase agreement and $5000 non-refundable earnest money upon acceptance to lock up the deal. This house is being offered for all cash. Also, it is our company policy that the buyer pays for all closing costs including title insurance fee, and assumes taxes due in November or May of this year. All information provided has been gathered to the best of our knowledge. However, we make no representations of any kind and buyer is responsible for conducting their own research before submitting an offer. If you are interested in viewing this property, please respond to this email or contact me at 317-653-6245.

Realtors, we love working with you, please add your fee on top of our price.

Price:
$179,000
Address:
1520 E 8th St
Anderson, Indiana 46012
Square Feet:
2221
Bedrooms:
4
Bathrooms:
2.5
Terms:
For Sale
Property Type:
Home
Year Built:
1940

Call 317.653.6245 for more details

Property Location