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
0
Status
ACTIVE

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.

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

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Inspired Realty.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative