908 Walnut St

Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fully occupied triplex offering immediate cash flow with $2,569/month in gross rental income. This stabilized investment has been renovated in recent years and features a new roof (2023) and new furnace (2022). Long-term tenants have a strong payment history and currently handle lawn care and snow removal. Owner pays water/sewer and gas; tenants pay electric and trash. Offered at $198,000, this property exceeds the 1% rule and presents an excellent opportunity for investors seeking stable income...Fully occupied triplex offering immediate cash flow with $2,569/month in gross rental income. This stabilized investment has been renovated in recent years and features a new roof (2023) and new furnace (2022). Long-term tenants have a strong payment history and currently handle lawn care and snow removal. Owner pays water/sewer and gas; tenants pay electric and trash. Offered at $198,000, this property exceeds the 1% rule and presents an excellent opportunity for investors seeking stable income and a well-maintained asset.
  1. Listed by Alyssa Burton • Inspired Realty
    P: (317)-732-7002 C: (586)-610-1623 ab.inspiredinvestments@gmail.com

Property Details for 908 Walnut Street

Architectural Style
Traditional
Subdivision Name
Frees Park Place
Township
Anderson
LISTING UPDATED: 07/03/2026 04:03 PM

Property Details for 908 Walnut Street

StatusActive
MLS #22111935
Days on Market1
Taxes$1,086 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1900
Lot Size0.19 AC / 8,276 SF
CountyMadison County

Location

Listing Courtesy of Inspired Realty
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Building Information for 908 Walnut Street

Stories-Residences3Year Built1900Building Size-Lot Size0.19 AC / 8,276 SF

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Principal and Interest

$987

Property Taxes

$181

HOA Dues

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Property Information for 908 Walnut Street

Summary
Location and General Information
  • City: Anderson
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46012
  • Postal Code Plus4: 4188
  • Road Access: Access Rd
  • Road Frontage Type: City Street
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 481207304092000003
  • Semi Annual Property Tax Amt: 1086
  • Tax Year: 2025
  • TaxLot: L016
School Information
  • School District: Anderson Community School Corp
Owner
  • Owner Pays: Gas, Water
Parking
  • Garage Spaces: 0.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Apt<20
  • Gross Area SQFT: 2102
  • Lot Description: Access, Sidewalks
  • Lot Size Square Feet: 8308.0
  • Lot Size Acres: 0.19
  • New Construction: False
  • Possible Use: Apt<20
  • Structure Type: Triplex
  • Year Built Numeric: 1900
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: No
  • Legal Subdivision: Frees Park Place 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
  • Photos Count: 20
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
Utilities
  • Solid Waste: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Shingle Siding
  • Foundation Details: Block
Interior Features
  • Basement YN: Yes
  • Levels: Two, One and One Half
  • Laundry Features: No Laundry Facil., Laundry Room
  • Multi Baths: 3
  • Multi Beds: 3
Multi Family
Multi-Family Information
  • Total Units: 3
  • Garage Parking: On Street, Unpaved
Income & Expenses
  • Expenses: 0
  • Net Operating Income: $28,642.00
  • Gross Income: $30,828.00
Unit 1
  • Unit Kitchen: 13x09
  • Unit Levels: 1
  • Unit Miscellaneous: Range/Oven,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Fuel Gas,Heat Forced,Hot Wtr Gas
Unit 2
  • Unit Kitchen: 17x07
  • Unit Levels: 1
  • Unit Miscellaneous: No Equip
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Fuel Gas,Heat Forced,Hot Wtr Gas
  • Unit Type Type: 1 Bedroom
Unit 3
  • Unit Kitchen: 13x10
  • Unit Levels: 1
  • Unit Miscellaneous: No Equip
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Fuel Gas,Heat Forced,Hot Wtr Gas
  • Unit Type Type: 1 Bedroom
Rental
Rental Information
  • Tenant Pays: Electricity

Property History for 908 Walnut Street

DateEvent & SourcePriceAppreciation
Jul 3, 2026

Listed (Active)

MIBORMLS #22111935

$198,000
Jun 28, 2022

Sold

MIBORMLS #21851751

$107,000
Jun 23, 2022

Sold (Public Record)

Public Record #1510506173

$107,000

+20.4% / yr

DateEvent & SourcePrice
07/03/2026

Listed (Active)

MIBORMLS #22111935

$198,000
06/28/2022

Sold

MIBORMLS #21851751

$107,000
06/23/2022

Sold (Public Record)

Public Record #1510506173

$107,000

+20.4% / yr

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

Public Records for 908 Walnut Street

Taxable ValueLand$9,300Additions$89,300Total$98,600
Tax Record2024$2,253 ($188 / month)
Home Facts
Baths3Total Finished SqFt2,102 SqFtAbove Grade Finished SqFt2,102 SqFtStories2Lot Size8,308 SqFtStyleTriplexYear Built1960CountyMADISONAPN48-12-07-304-092.000-003

Schools near 908 Walnut 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

908 Walnut Street is a multi-family home for sale in Anderson, IN 46012. This property was listed for sale on July 3, 2026 by Inspired Realty, it's currently listed at $198,000. It has been on the market for a total of 1 days and was last sold on June 28, 2022. 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. 908 Walnut Street is a 0-bed, 0-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Inspired Realty

Based on information submitted to the MLS GRID as of 07/03/2026 04:03 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.