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4 Beds
1 Bath
2,012 sqft

$128,000

911 W 3rd Street, Anderson IN, 46016

Price per sqft$63.62
Built in1890
Property size2,012 sqft
Property typeResidential
Courtesy of Inspired Realty, Alyssa Burton Listing Contact:

Overview

Active

Listed Sep 14, 2026

Updated 3 weeks ago

$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.

$852/mo

Est. mortgage payment based on a $128,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22125963

Interior Features

Bedrooms
4
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Garage
Yes

Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 4:24 AM UTC on 9/15/2026. 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 or may not be listed by the office/agent presenting the information.

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