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Back 1628 West 8th Street
Off Market

1628 West 8th Street

Anderson IN 46016

2
6210 sq. ft.
Duplex
Last sold for $198,000
Alyssa BurtonAlyssa Burton, last sold this property on 13 April 2026 after 28 days on market.

Overview

$7,500 Grant + Brick Triplex - House Hack or Cash Flow Opportunity like this doesn't come around often. This solid brick triplex listed at $198,000 previously generated $2,650/month in rent, delivering approximately a 1.34% rent-to-price ratio. For owner-occupants, the property is eligible for a $7,500 grant with no income restrictions, potentially covering most or all of your down payment and then some for qualified buyers-making this an exceptional house hacking opportunity. The building includes three units, with two currently vacant, allowing the next owner to move in and select their preferred unit or place new tenants at market rent. Units are currently being turned and will be marketed for rent during market time, creating immediate upside potential. All three units were renovated in 2025, including many new windows, giving the property a fresh feel while minimizing near-term capital expenses. Tenants pay all utilities and handle lawn care, keeping operating costs low for the owner. A two-car garage offers additional rental income potential, further increasing the property's cash flow. Brick construction, recent renovations, flexible occupancy, and grant money available-this is a rare opportunity for both investors and house hackers.

Features

2 carspaces
2 garage spaces
6210 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 1628 West 8th 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 1628 West 8th Street

2026
Sold
$198,000
13 Apr 2026 by Alyssa Burton, of Inspired Realty

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 1628 West 8th 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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