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$164,000
1 Day On Site

1627 Brown Street
Anderson, IN 46016

For Sale|Quadruplex|Active
0
Beds
0
Total Baths
1965
Built
Subdivision:
No Subdivision
County:
Madison
Listing courtesy of Keller Williams Indy Metro Partners (815) 557-3253
Call Now: 317-947-0400
Is this the listing for you? We can help make it yours.
317-947-0400
1627 Brown Street1627 Brown Street1627 Brown Street1627 Brown Street
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Excellent investment opportunity at 1627 Brown St in Anderson! Centrally positioned in Anderson. This recently renovated 4-unit apartment building offers immediate rental income along with additional upside potential. The property features four 1-bedroom, 1-bath units, with three units currently occupied and one unit vacant. Current gross rental income is approximately $1,625 per month, with the potential for significantly higher income once the vacant unit is leased and rents are optimized. This an attractive opportunity for an investor looking for a multifamily property with improvements already completed. With four income-producing units under one roof, recent improvements, current rental income, and additional income potential, this property offers a strong opportunity to add a multifamily asset to your portfolio. Don't miss this 4-unit investment property!

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Listing Snapshot
Price 
$164,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1 Acres
Year Built 
1965
MLS® Number 
22127136
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Acres 
0.1
Levels 
Two
Parking 
Paved
Property Sub Type 
Quadruplex
Security 
Smoke Detector(s)
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Exterior Features
Construction Details 
Vinyl Siding
Exterior 
Other
Roof 
Shingle
Community Features
MLS Area 
4810 - Madison - Anderson NW
School District 
Anderson Community School Corp
Township 
Anderson
Schools
School District
Anderson Community School Corp
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Indy Metro Partners (815) 557-3253



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2026-09-21 04:14 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright © 2026 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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