# 1615 Main Street, Anderson, IN 46016

> **TL;DR:** single family, $300,000, built 1906. Est. $1,300/mo. Listed 116 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $300,000 |
| Year Built | 1906 |
| Lot Size | 4,792 sqft (0.11 acres) |
| Stories | 2 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 116 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,300 |
| **Total** | **$1,300** |

## Nearby Schools

- **Middle:** Highland Middle School

## Property Highlights

- Built in 1906
- 0.11 acre lot
- 2 stories

## Description

### AI Summary
Built in 1906, the commercial property at 1615 Main Street in Anderson, IN measures 3,360 square feet on a 0.11 acre lot. This 7 unit apartment building is fully occupied and generates over $5,000 in monthly gross income. Renovations have been accomplished throughout the last 2 years. The property is listed at $309,000. Anderson, IN shows an average home size of 1,855 square feet. The building offers a multi-unit commercial layout suited for rental use with no bedrooms or bathrooms noted in the listing. It sits within the local market where active listings total 186 and provides a cash flowing investment based on the existing occupancy and income figures.

### Agent Description
7 unit fully occupied apartment building generating over $5,000 in monthly gross income! Investors, this is your dream asset for an unbeatable price in Anderson! With renovations accomplished throughout the last 2 years & a historic strong rental demand, this is a true cash flowing investment!!!

## Location

- **Address:** 1615 Main Street, Anderson, IN 46016
- **County:** Madison
- **Coordinates:** 40.099604, -85.678413
- **Google Maps:** https://www.google.com/maps?q=40.099604,-85.678413

## Listing Agent

- **Name:** Stuart Houghton
- **Brokerage:** Keller Williams Indy Metro S
- **Phone:** (317) 882-5900
- **Email:** shoughton@kw.com

## Primary Photo

![1615 Main Street - Primary Photo](http://lh.rdcpix.com/678277cc3a76a9b39e613d7156d4ed8al-f3889989856r.jpg)

*3 total photos available on [listing page](https://www.propertysimple.com/listing/1615-main-street-anderson-in-46016-22069905)*

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**MLS#:** 22069905 | **Updated:** 2026-06-24
**Source:** listhub

*Copyright © 2026 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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1615-main-street-anderson-in-46016-22069905)

---

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