# 1615 Main Street, Anderson, IN 46016

> **TL;DR:** 7bd/7ba multi-family, $265,000, built 1906. Est. $1,417/mo. Listed 44 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $265,000 |
| Bedrooms | 7 |
| Bathrooms | 7 full |
| Year Built | 1906 |
| Lot Size | 4,792 sqft (0.11 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Quadruplex) |
| Status | Active |
| Days on Market | 44 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,340 |
| Estimated Insurance | $77 |
| **Total** | **$1,417** |

## Property Highlights

- Built in 1906
- 0.11 acre lot
- 2 stories

## Description

### Agent Description
7-unit apartment building generating over $5,000 in monthly gross income! Each unit features 1 bed & 1 bath. Investors, this is your dream asset for an unbeatable price in Anderson! With renovations accomplished throughout the last 2+ years & a historically strong rental demand, this is a true cash flowing investment!!!

## Location

- **Address:** 1615 Main Street, Anderson, IN 46016
- **County:** Madison
- **Neighborhood:** No Subdivision
- **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 South
- **Broker Phone:** (317) 882-5900
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1615-Main-St_Anderson_IN_46016_M40243-71399?f=listhub&s=MIBORIN&m=22127133&c=propsimple)

## Photos

![1615 Main Street - Photo 1](http://lh.rdcpix.com/88f2c9c9ce89da1e9b72eabcc483356el-f2262249264r.jpg)

![1615 Main Street - Photo 2](http://lh.rdcpix.com/88f2c9c9ce89da1e9b72eabcc483356el-f2957734126r.jpg)

![1615 Main Street - Photo 3](http://lh.rdcpix.com/88f2c9c9ce89da1e9b72eabcc483356el-f3736232973r.jpg)

![1615 Main Street - Photo 4](http://lh.rdcpix.com/88f2c9c9ce89da1e9b72eabcc483356el-f2222395642r.jpg)

![1615 Main Street - Photo 5](http://lh.rdcpix.com/88f2c9c9ce89da1e9b72eabcc483356el-f2590759747r.jpg)

---

**MLS#:** 22127133 | **Updated:** 2026-10-23
**Source:** listhub

*Copyright © 2026 Broker Listing Cooperative®. 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://staging.propertysimple.ai/listing/1615-main-street-anderson-in-46016-82f1b5385ebf4be5a688ef49c3463652)

---

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