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Explore Similar Apartments Within 10 Miles of Pendleton, IN

  • /27

    $155,000

    • 3 Beds
    • 2 Baths

    131 W 13th St, Anderson, IN 46016

    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,

    Alyssa Burton Inspired Realty

    131 W 13th St, Anderson, IN 46016
  • /3

    $210,000

    • 3 Beds
    • 1 Bath

    1413 Walnut St, Anderson, IN 46016

    Unique income property featuring a duplex plus a detached ADU. The duplex includes a 3 bed / 1 bath currently rented at $1,325/month, providing immediate cash flow, and a 2 bed / 1 bath rented at $900/month with tenant giving notice, offering near-term upside. The detached 1 bed ADU is vacant and ready for turnover, creating an excellent opportunity to add value and boost total rents. Multiple

    Peyton Nichols RE/MAX Real Estate Solutions

    1413 Walnut St, Anderson, IN 46016
  • /4

    $100,000

    • 2 Beds
    • 2 Baths

    309 W 29th St, Anderson, IN 46016

    309 W 29th St, Anderson is a solid single-story ranch-style duplex featuring two 1-bedroom, 1-bath units. Each side offers basement space, laundry hookups, and a practical mudroom, providing added storage and everyday convenience. The property is centrally located and just minutes from downtown, shopping, dining, and other nearby amenities. A large backyard and on-site parking add to the appeal.

    Robert Tyler RE/MAX Real Estate Solutions

    309 W 29th St, Anderson, IN 46016
  • /23

    $299,900

    • 2 Beds
    • 2 Baths

    3004 Columbus Ave, Anderson, IN 46016

    Four units total-studio and one-bedroom on each level. All units tenant-occupied with immediate cash flow. Four separate electric meters, electric heat, roof 3 years old, new electric water heater, updated plumbing, new water lines and new sewer line to the road. Future rent optimization potential adds value upside. Solid, low-maintenance investment.

    Candy Bair RE/MAX Real Estate Solutions

    3004 Columbus Ave, Anderson, IN 46016
  • /29

    $125,000

    • 6 Beds
    • 4 Baths

    515 W 2nd St, Anderson, IN 46016

    Are you looking for fantastic cashflow? One price, 4+ units! This property offers a good independent unit in the front with 3 apartments in the back, plus storage area (could be converted into an extra unit). Front unit is a 3 bed 2 bath with unfinished basement. Back building offers 3 apartments (1 bed 1 bath each) plus a storage unit. Off-street parking. All 3 units in the back have been

    Daniel Soares Weichert, REALTORS®

    515 W 2nd St, Anderson, IN 46016
  • /17

    $1,200,000

    • 4 Beds
    • 3 Baths

    2976 N Scatterfield Rd, Anderson, IN 46012

    Multi Use commercial/residential building. 100% leased, great cash flow! Three commercial units with multi-year leases w/ extension options. Seven residential apartments. Many recent updates including new HVAC, Parking lot repairs, indoor and outdoor lighting converted to LED for energy efficiency, exterior painting, roofing, sewer line repairs, and a vast amount of interior remodeling for

    Barry Hines Realty Wealth Advisors

    2976 N Scatterfield Rd, Anderson, IN 46012
  • /4

    $178,000

    • 4 Beds
    • 4 Baths

    702 W 5th St, Anderson, IN 46016

    This 4-unit property encompasses 2000 square feet of living area. The substantial 5760 square foot corner lot. Three of the four units are rented, The property has been nicely updated with newer flooring, lighting, and paint. Great ROI potential!

    Jeff Weightman Weightman Realty Group, LLC

    702 W 5th St, Anderson, IN 46016
  • /28

    $198,000

    • 5 Beds
    • 3 Baths

    1628 W 8th St, Anderson, IN 46016

    $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

    Alyssa Burton Inspired Realty

    1628 W 8th St, Anderson, IN 46016
  • /11

    $49,900

    • 2 Beds
    • 2 Baths

    816 E 20th St, Anderson, IN 46016

    Large duplex in Anderson situated on a spacious lot- priced under $50K! This property has been cleaned out and gutted, offering a blank slate for your next investment project. Featuring two large units with separate electric meters already in place, this duplex is ready for renovation and income potential. Great opportunity for investors looking to add to their portfolio or complete a value-add

    Kendrick Davis Davis Realty Group

    816 E 20th St, Anderson, IN 46016
  • /57

    $265,000

    • 4 Beds
    • 1 Bath

    339 W 11th St, Anderson, IN 46016

    RARE OPPORTUNITY! Active short term rental! Rehabbed triplex with positive cash flow history offering 5 beds, 3.5 baths, and strong short-term rental performance. Located at 339 W 11th St, Anderson, IN 46016 this 4,629 sq ft property sits on an 11,232 sq ft lot and features a private parking lot plus a 6-car detached garage. Built in 1890 and beautifully updated, units showcase shaker cabinets,

    Grant Gorman Green Forest Realty

    339 W 11th St, Anderson, IN 46016
  • /16

    $259,900

    • 1 Bed
    • 1 Bath

    2124 Jackson Ln, Anderson, IN 46011

    Great investment opportunity for this attractive and well maintained all brick duplex. Located in Frankton School District in quiet rural location. This property offers full investment opportumities or live in one and get income from the other. New roof in 2024, updated vinyl plank flooring throughout in Unit 1. Seller is offering a flooring allowance for Unit #2 - living room and hallway carpet

    Helen Wean RE/MAX Real Estate Solutions

    2124 Jackson Ln, Anderson, IN 46011
  • /27

    $359,000

    • 4 Beds
    • 4 Baths

    608 N 10th St, Middletown, IN 47356

    full brick ranch-style duplex built in 2011, offering a strong investment profile with long-term tenant occupancy and reliable cash flow. Each side features 2 bedrooms, 2 full baths, and an attached 1-car garage, providing desirable single-level living for tenants. Currently tenant-occupied with annual gross rental income of $24,000 ($1,000/month per side). Tenants pay all utilities, supporting

    Rod Forrest eXp Realty, LLC

    608 N 10th St, Middletown, IN 47356
  • /39

    $249,900

    • 4 Beds
    • 4 Baths

    1432 Ohio Ave, Anderson, IN 46016

    1432 Ohio Ave, presenting a prime investment in the city of Anderson! This large 4-unit building has recently experienced an extensive six figure renovation & is now up for sale with income generating $2,800 monthly. This property is in the heart of Anderson making this a top tier location for tenant living & investment potential! Add this high-quality investment to your portfolio!

    Stuart Houghton Keller Williams Indy Metro S

    1432 Ohio Ave, Anderson, IN 46016
  • /34

    $185,000

    • 6 Beds
    • 4 Baths

    2105 Central Ave, Anderson, IN 46016

    $2,750/Month Duplex - Nearly 1.5% Rent-to-Price Ratio Rare opportunity for investors seeking strong cash flow. This fully occupied duplex generates $2,750 per month, with tenants paying all utilities and handling lawn care, keeping owner expenses minimal. Both units offer a spacious 3-bedroom, 1.5-bath layout, a highly desirable configuration for long-term tenants. The property features vinyl

    Alyssa Burton Inspired Realty

    2105 Central Ave, Anderson, IN 46016
  • /32

    $175,000

    • 4 Beds
    • 3 Baths

    615-617 Ruddle Ave, Anderson, IN 46012

    Income producing duplex available near the heart of downtown Anderson with one unit currently occupied. This duplex used to be a triplex and could be converted back with the second floor being two 1 bed/1 bath units. The building underwent significant electrical, plumbing, and HVAC renovation in 2020. There are 3 gas meters, 3 electrical panels. The upstairs unit (currently vacant) features two

    Tim Hall F.C. Tucker/Prosperity

    615-617 Ruddle Ave, Anderson, IN 46012
  • /21

    $160,000

    • 2 Beds
    • 2 Baths

    2034 Fletcher St, Anderson, IN 46016

    Updated property with strong income. Currently configured as a duplex, this property offers the opportunity to convert or utilize space as a third unit. New Roof has been installed with gutters, units have been updated inside.

    Angie Daza PRESTIGE SVA GROUP INC

    2034 Fletcher St, Anderson, IN 46016
  • /11

    $124,900

    • 3 Beds
    • 2 Baths

    1309 Pearl St, Anderson, IN 46016

    Investment property located just minutes from downtown Anderson! This duplex features a 1-bed/1-bath unit and a 2-bed/2-bath unit with separate entry. Tenants pay all utilities and there is a new water line from the street to the home. Whether you are a seasoned investor or just starting your portfolio, this property offers great income potential in a desirable area!

    Cory Parker RE/MAX Real Estate Solutions

    1309 Pearl St, Anderson, IN 46016
  • /2

    $190,000

    • 4 Beds
    • 3 Baths

    1527 Walnut St, Anderson, IN 46016

    This Triplex configuration offers the distinct advantage of separate living quarters within one cohesive structure, providing versatility in its arrangement. Spanning a generous 2071 square feet of living area, the interiors present abundant space, allowing for diverse personal configurations and comfortable daily routines. There have been many improvements to the nicely remodeled property. This

    Jeff Weightman Weightman Realty Group, LLC

    1527 Walnut St, Anderson, IN 46016

Why Live in Pendleton

Pendleton, Indiana, is a small city with a population of around 5,000, located approximately 35 miles from Indianapolis. Known for its rich history, Pendleton is listed on the National Register of Historic Places, with the Pendleton Historic District showcasing 19th-century Federal, Greek Revival, and American Craftsman architecture. The downtown area features attractions such as the Pendleton Historical Museum, Quack Daddy Donuts, and The Bank restaurant, famous for its pork tenderloin sandwich. Falls Park, once a public dump, has transformed into a community hub with 20 acres of wetlands, a public pool, trails, playgrounds, and the Pendleton Sports Complex. The park hosts events like the Pendleton Fall Creek Fall Festival and Fourth at the Falls. Housing in Pendleton includes both historic homes and new subdivisions like Carrick Glen and Huntzinger Farms, with new constructions adhering to style guidelines to maintain the city's historic charm. Pendleton is served by the highly rated South Madison Community School Corporation, with its headquarters and several schools located within the city. Despite the presence of three maximum-security prisons on its outskirts, Pendleton's crime rates are below national averages. The city offers convenient access to Indianapolis via Interstate 69 and U.S. Highway 36, with nearby airports including Anderson Muni Airport and Indianapolis International Airport.

Home Trends in Pendleton, IN

Housing Trends

Median Sale Price
$340,344
Median Single Family Sale Price
$344,821
Median Townhouse Sale Price
$362,500
Median 2 Bedroom Sale Price
$285,000
Average Price Per Sq Ft
$169
Number of Homes for Sale
104
Last 12 months Home Sales
280
Months of Supply
4.50
Median List Price
$359,335
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
0%
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