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911 W 3rd Street, Anderson, IN 46016

$128,000
4
BD
1
BA
2,584
SqFt
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List Price
$128,000
MLS#
22125963
Property Type
Residential
Bedrooms
4
Bathrooms
1
Sqft. of Residence
2,584
Year Built
1890
Days on Market
29
Status
ACTIVE
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Property Description

$1,450/Month Section 8 Rental | Exceeds 1% Rule | Fully Renovated 2025 Turnkey investment with immediate, reliable cash flow. Leased at $1,450/month. Tenant pays all utilities. At the $128,000 list price, this property exceeds the 1% rule and is priced below a recent $140,000 appraisal, offering a compelling cash-flow opportunity with built-in value. Fully renovated in 2025, including new roof, full electrical rewire, updated plumbing, new HVAC components, many new windows, and complete interior finishes. The home offers 4 bedrooms plus a bonus room and dedicated laundry space, appealing to long-term tenants. Additional features include a detached garage, fenced backyard, washer/dryer hookups, and property taxes under $150/year. Strong income and major updates-this is a true turnkey rental.

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Additional Information

Foundation
Brick/Mortar
Stories
Two
Architecture
Farmhouse
Acres
0.16
Heat
Forced Air
Cooling
Window Unit(s)
Appliances
Gas Water Heater, Gas Oven, Refrigerator
Semi-Annual Taxes
$682
Garage
Yes
Region
Anderson
Eating Areas
Dining Combo/Kitchen
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Listing courtesy of Alyssa Burton. Inspired Realty

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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.