911 W 3rd Street, Anderson, IN 46016

Anderson
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
911 W 3rd Street,Anderson, IN 46016
$135,000
  • 4 Beds
  • 1 Baths
  • 2,492 sq. ft.
  • Single family
  • Active
Listed by: alyssa burton
Office: inspired realty
MLS#:22089749
Source:IN_MIBOR

Price summary

  • Price:$135,000
  • Price per sq. ft.:$44.06

About this home

$1,450/Month Section 8 Rental | Exceeds 1% Rule | Fully Renovated 2025 Turnkey investment with immediate, reliable cash flow. Leased at $1,450/month with rent paid 100% through Section 8 (HAP). Tenant pays all utilities. At the $135,000 list price, this property exceeds the 1% rule at approximately 1.07% 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, government-backed rent, and major updates-this is a true turnkey rental.

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Home facts

  • Year built:1890
  • Listing ID #:22089749
  • Added:141 day(s) ago
  • Updated:March 30, 2026 at 02:49 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:1
  • Full bathrooms:1
  • Dining Description:Dining Combo/Kitchen
  • Kitchen Description:Gas Oven, Refrigerator
  • Basement:Yes
  • Basement Description:Basement
  • Living area:2,492 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Forced Air

Structure and exterior

  • Year built:1890
  • Building area:2,492 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Wood Siding

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$135,000
  • Price per sq. ft.:$44.06

Features and amenities

  • Appliances:Refrigerator

Parking

  • Garage:Yes
  • Garage spaces:2
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