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424 W 3rd Street, Anderson, IN 46016
- $50,000
- 4
- BD
- 1
- BA
- 1,574
- SqFt
- Sold Price
- $50,000
- List Price
- $49,000
- Closing Date
- Dec 29, 2025
- MLS#
- 22075412
- Property Type
- Residential
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft. of Residence
- 1,574
- Year Built
- 1900
- Days on Market
- 21
- Status
- SOLD
Property Description
Investor Alert! Don't miss this great single-family ranch home located near downtown Anderson. This turnkey rental property is rented for $900/mo (tenant pays utilities) - nearly hitting the 2% rule!! The home sits on a corner lot and has 4 bedrooms, 1 bathroom, and nearly 1300sq ft of finished living space with a small unfinished basement. Large rear fenced yard with huge storage shed. No HOA! Excellent location within blocks of downtown Anderson, the property benefits from convenient access to local amenities and public transportation, further enhancing rental demand. If you're looking to expand your portfolio with a cash-flowing rental or prefer a BRRRR strategy, this property provides a golden chance to invest in a rapidly improving area. Capitalize on this opportunity and grow your real estate portfolio today! Property sold as-is.
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Additional Information
- Foundation
- Block
- Stories
- One
- Architecture
- Ranch
- Equipment
- None
- Acres
- 0.29
- Heat
- Forced Air
- Cooling
- Central Air
- Appliances
- Electric Oven, Refrigerator
- Region
- Anderson
- Eating Areas
- Dining Combo/Kitchen
Listing courtesy of Peter Stewart. Keller Williams Indpls Metro N
Selling Office: Keller Williams Indpls Metro N.Mortgage Calculator
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of 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. Some listings have been excluded from this website.