131 W 13th St

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Description

Investor Special! This Anderson duplex checks all the boxes. Rented at $1,600/month its ready to beat the 1% rule. Each unit is separately metered for tenants to cover all utilities. Major updates completed: new siding (2022), some new windows, updated flooring & carpet (2022), plus new appliances, furnace, and water heater (2024). With big-ticket improvements handled and tenant-paid expenses, this is a low-maintenance property with strong cash flow potential. Convenient location near downtown Anderson...Investor Special! This Anderson duplex checks all the boxes. Rented at $1,600/month its ready to beat the 1% rule. Each unit is separately metered for tenants to cover all utilities. Major updates completed: new siding (2022), some new windows, updated flooring & carpet (2022), plus new appliances, furnace, and water heater (2024). With big-ticket improvements handled and tenant-paid expenses, this is a low-maintenance property with strong cash flow potential. Convenient location near downtown Anderson and easy access to I-69. Ideal addition to any investor portfolio or a perfect house-hack opportunity.
  1. Listed by Alyssa Burton • Inspired Realty
    P: (317)-732-7002 C: (586)-610-1623 ab.inspiredinvestments@gmail.com

Property Details for 131 West 13th Street

Subdivision Name
No Subdivision
Township
Anderson
LISTING UPDATED: 04/17/2026 12:42 PM

Property Details for 131 West 13th Street

StatusActive
MLS #22086995
Days on Market52
Taxes$444 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1900
Lot Size0.10 AC / 4,356 SF
CountyMadison County

Location

Listing Courtesy of Inspired Realty
Add your commute

Building Information for 131 West 13th Street

Stories-Residences2Year Built1900Building Size-Lot Size0.10 AC / 4,356 SF

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$804 per month

30 year fixed, 6.46% Interest

Principal and Interest

$730

Property Taxes

$74

HOA Dues

$0

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Property Information for 131 West 13th Street

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46016
  • Postal Code Plus4: 1615
  • Road Access: Access Rd
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 481113102015000003
  • Semi Annual Property Tax Amt: 444
  • Tax Year: 2024
  • TaxLot: L003
School Information
  • School District: Anderson Community School Corp
Parking
  • Garage Spaces: 2.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Size Square Feet: 4464.0
  • Lot Size Acres: 0.1
  • New Construction: False
  • Year Built Numeric: 1900
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Wards W2 62' E Sd 0.0000Acres Str: 00000 Section: Plat: 26 In: Out:
  • Photos Count: 27
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Utilities
  • Solid Waste: Yes
Interior and Exterior Features
Interior Features
  • Basement YN: Yes
Multi Family
Multi-Family Information
  • Total Units: 2
Income & Expenses
  • Expenses: 42
  • Gross Income: $21,000.00
Unit 1
  • Unit Kitchen: 300
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Wall Unit
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Kitchen: 300
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Wall Unit
  • Unit Type Type: 2 Bedroom
Rental
Rental Information
  • Tenant Pays: All Utilities, Lawncare

Property History for 131 West 13th Street

DateEvent & SourcePriceAppreciation
Apr 17, 2026

Price Change

MIBORMLS #22086995

$145,000—
Apr 3, 2026

Price Change

MIBORMLS #22086995

$150,000—
Mar 3, 2026

Listed (Active)

MIBORMLS #22086995

$155,000—
DateEvent & SourcePrice
04/17/2026

Price Change

MIBORMLS #22086995

$145,000
04/03/2026

Price Change

MIBORMLS #22086995

$150,000
03/03/2026

Listed (Active)

MIBORMLS #22086995

$155,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 131 West 13th Street

Taxable ValueLand$5,900Additions$45,900Total$51,800
Tax Record2024$889 ($74 / month)
Home Facts
Baths1Total Finished SqFt2,228 SqFtAbove Grade Finished SqFt2,228 SqFtStories2Lot Size4,464 SqFtStyleDuplexYear Built1949CountyMADISONAPN48-11-13-102-015.000-003

Schools near 131 West 13th Street

This home is within Anderson Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 7 to 8
Public - 9 to 12
Public - 5 to 6
Rating
School
Distance
Tenth Street Elementary School
PublicK to 5

Highland Jr High School
Public7 to 8

Anderson High School
Public9 to 12

Anderson Intermediate School
Public5 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

131 West 13th Street is a multi-family home for sale in Anderson, IN 46016. This property was listed for sale on March 3, 2026 by Inspired Realty, it's currently listed at $145,000. It has been on the market for a total of 52 days and was last sold on October 15, 2021. This listing's school district is Anderson Community School Corp. Nearby schools include Tenth Street Elementary School, Highland Jr High School and Anderson High School. 131 West 13th Street is a 0-bed, 0-bath, multi-family home built in 1900.

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Listing Courtesy of Inspired Realty

Based on information submitted to the MLS GRID as of 04/17/2026 12:42 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.