911 W 3rd ST, Anderson, IN 46016
911 W 3rd ST, Anderson, IN 46016
911 W 3rd ST, Anderson, IN 46016
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Drew Dial

Drew Dial

+1(317) 614-5445
Listed by Alyssa Burton • Inspired Realty
$128,000
Est. payment /mo
4 Beds
1 Bath
2,584 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,584 sqft

Price per Sqft $49

Subdivision No Subdivision

MLS Listing ID 22125963

Bedrooms 4

Full Baths 1

HOA Y/N No

Year Built 1890

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Single Family Residence

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.

Location

State IN

County Madison

Rooms

Main Level Bedrooms 2

Interior

Heating Forced Air

Cooling Window Unit(s)

Fireplace N

Appliance Gas Water Heater, Gas Oven, Refrigerator

Exterior

Garage Spaces 2.0

Utilities Available Electricity Connected, Natural Gas Connected

Water Access Desc Public

Building

Story Two

Foundation Brick/Mortar

Water Public

Architectural Style Farmhouse

Structure Type Wood Siding

New Construction false

Schools

School District Anderson Community School Corp

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Drew Dial

Drew Dial

+1(317) 614-5445

Principal Broker, Indiana RBRB14047921

Principal Broker, Indiana RBRB14047921

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