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Back 121 West 13th Street
Off Market

121 West 13th Street

Anderson IN 46016

6055 sq. ft.
Duplex
Last sold for $225,000
Alyssa BurtonAlyssa Burton, last sold this property on 04 June 2026 after 79 days on market.

Overview

$3,025/Month Quadplex | Fully Renovated in 2025 | $7,500 Grant Eligible Rare opportunity to own a fully renovated quadplex generating $3,025 in monthly rental income, with tenants paying all utilities, creating a low-expense investment with strong cash flow potential. The property is fully leased with stable tenants, providing immediate income from day one. House Hack Opportunity This property is eligible for a $7,500 owner-occupant grant with no income restrictions, potentially covering most or all of your down payment and closing costs for qualified buyers. Owner-occupants can live in one unit while the remaining units help offset the mortgage, creating a powerful opportunity to build equity while significantly reducing monthly housing costs. Investor Opportunity With $3,025 in monthly rent ($36,300 annually), the property delivers approximately a 1.34% rent-to-price ratio at the $225,000 list price, a metric experienced investors actively seek. Tenants pay all utilities, helping keep operating costs low. The building was fully renovated in 2025, including a new roof and many new windows, along with extensive interior improvements throughout the units. These updates help minimize near-term maintenance while providing attractive living spaces for tenants. Additional Investment Opportunity: The same owner is also selling a duplex just two houses down at 131 W 13th St, creating a rare opportunity for investors to add six units within the same block to their portfolio. Strong rental income, major renovations, stable tenants, and house hack eligibility make this property a standout opportunity for both investors and owner-occupants.

Features

6055 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in Anderson over the last 12 months, the estimated median property value of 121 West 13th Street is $121k.

Median value
$121k
Estimated value range
$33k - $395k
Median days on market
18
Estimated value trend
-7%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Anderson. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 121 West 13th Street

2026
Sold
$225,000
04 Jun 2026 by Alyssa Burton, of Inspired Realty
2024
Sold
$120,000
22 Oct 2024 by Jennifer McCoy, of eXp Realty, LLC (CE - SR08 - Indiana)

Happy sellers in Anderson

~%

We have insufficient information to provide an overview of customer satisfaction for Anderson. Viewing the agent profiles, reviews and sales for Anderson can provide insights for this location.

Local market activity for duplexes in Anderson

In the last 12 months, 22 duplexes similar to 121 West 13th Street, have been sold.

This represents a 37% decrease in duplexes sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Anderson

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Zach Purdy

Sellers who recommend Zach Purdy have praised them for being clear communication, local expert, and responsive

  •   5   (38 reviews)
  •  1 Review in Anderson
  •  1 Sale in Anderson
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Candyce Showalter

Candyce Showalter is a recommended agent for Anderson.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (10 reviews)
  •  1 Review in Anderson
  •  1 Sale in Anderson
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Dan Bragg

Dan Bragg is a recommended agent for Anderson.  They have 5 local sales across the last 12 months.

  •   4.8   (4 reviews)
  •  5 Sales in Anderson
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Heather Upton

Sellers who recommend Heather Upton have praised them for being local expert, responsive, clear communication, well-prepared, resourceful, great team, and trustworthy

  •   5   (53 reviews)
  •  5 Sales in Anderson
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