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
$128,000
  • 4 Beds
  • 1 Baths
  • 2,012 sq. ft.
  • Single family
  • Active
Listed by: alyssa burton
Office: inspired realty
MLS#:22125963
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$128,000
  • Price per sq. ft.:$49.54

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. 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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Home facts

  • Year built:1890
  • Subdivision & Development:No Subdivision
  • Listing ID #:22125963
  • Added:10 day(s) ago
  • Updated:September 24, 2026 at 03:52 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:2,012 sq. ft.

Heating and cooling

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

Structure and exterior

  • Year built:1890
  • Building area:2,012 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Wood Siding

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$128,000
  • Price per sq. ft.:$49.54

Features and amenities

  • Appliances:Refrigerator

Parking

  • Garage:Yes
  • Garage spaces:2
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