BEDS4
BATHS1 full
SQUARE FEET2,584
MLS#22125963
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONNo Subdivision
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.
Property Features
Property Type: Residential - Single Family
Cooling: Window Unit(s)
Garage: 2
Heating: Forced Air
Home Style: Farmhouse
Lot Size: 0.16 Acres
Stories: 2.0
Taxes: $1,364
Year Built: 1890
Appliances
Gas Water Heater
Gas Oven
Refrigerator
Feature Descriptions
Bath: 1(Full-Main)
Days on Site: 13
Eating Area: Dining Combo/Kitchen
Exterior: Wood Siding
Foundation: Brick/Mortar
Total Rooms: 8
Utility Options: Electricity Connected, Natural Gas Connected
Water: Public
Room Sizes
Living Room: 14x16
Bedroom 2: 9x10
Kitchen: 13x15
Laundry: 8x11
Primary Bedroom: 14x17
Bedroom 3: 12x15
Bonus Room: 10x11
Bedroom 4: 12x12
Listed By / Shown By
Listed By
Agency Name: Inspired Realty
Agency Phone: 317-732-7002
Shown By
Agent Name: Jared McCormick
Agent Phone: (317) 340-4636
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 867.00 per month $716.00 Principal & Interest $113.67 Property Tax $37.33 Homeowner's Insurance
911 W 3rd Street | MLS# 22125963
This single family home located at 911 W 3rd Street , Anderson, IN 46016 is currently listed for sale with an asking price of $128,000. This property was built in 1890 and has 4 bedrooms and 1 full baths with 2584 sq. ft. W 3rd Street is located in the No Subdivision subdivision. Search No Subdivision real estate on jaredmccormick.ikeyrealty.com today.