911 W 3rd Street

Anderson, IN 46016 (MLS #22089749)
$135,000
Beds
4
Baths
1
Square Ft.
3,064

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 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 roomRead MoreRead Less
Courtesy of Inspired Realty.
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
1
Square Ft.
3,064
Lot Size
0.16 Acres
Year Built
1890
MLS Number
22089749
Appliances & Equipment
Description: "Gas Water Heater", "Gas Oven", "Refrigerator"
Building
Area: 2492, Architecture: "Farmhouse", Building Area: 3064, Construction Materials: "Wood Siding", Levels: "Two", Year Built: 1890
Cooling
Details: "Window Unit(s)"
Fence
Description: "Chain Link"
Garage
Garage Spaces: 2
Heating
Heating: "Forced Air"
Lot
Acres: 0.16, MLS Acres: <1/4 Acre
Utilities
Water Source: "Public", Utilities: "Electricity Connected", "Natural Gas Connected"

Area snapshot

30 Days Snapshot Of 46016
$0k
(avg) sold price
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homes sold
0%
(avg) days on market
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Nearby Schools
*Please check the school district website to see all schools in this area
Anderson High School
Public
9-12
Highland Middle School
Public
7-8
Eastside Elementary School
Public
KG-4
Snapshot
Area Map

Mortgage Calculator

Monthly Payment
$0

The above figures are estimates and are not endorsed or certified. Check with your lender for actual interest rates.

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.

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