For Sale

Listed by Alyssa Burton from Inspired Realty

Source: MIBOR Service Corporation #22125963

911 West 3rd Street, Anderson, IN, 46016

$128,000

4
1
2
2584 sq. ft.
7050 sq. ft.

SingleFam

•

30+ days on the market

What's around 911 West 3rd Street

About this property

$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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