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Street View
$128,000
Monthly Est:$637
4 Beds
1 Bath1 full bath
2,012sqft
911 W 3rd Street, Anderson, IN 46016
$128,000
$637/moEst:
Get Pre-Approved
Single Family Residence
Built in 1890
$-- HOA
7,050 sqft lot
$64/sq.ft
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.
- Houzeo last checked: 9 minutes ago
- Listing updated: September 14, 2026 at 10:12 pm
- Listing Provided by: Alyssa Burton (586) 610-1623 | Inspired Realty (317) 732-7002
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22125963
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1890
HOA Fees
-
Finished Area
2,012 sqft
Lot Size
7,050 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22125963
MLS Status
Active
Days on Market
24
Cumulative Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathroom: 1
Living Room
Level: Main
Area: 224.00 Square Feet
Dimensions: 14x16
Bedroom 2
Level: Main
Area: 90.00 Square Feet
Dimensions: 9x10
Kitchen
Level: Main
Area: 195.00 Square Feet
Dimensions: 13x15
Laundry
Level: Main
Area: 88.00 Square Feet
Dimensions: 8x11
Master Bedroom
Level: Main
Area: 238.00 Square Feet
Dimensions: 14x17
Bedroom 3
Level: Upper
Area: 180.00 Square Feet
Dimensions: 12x15
Bonus Room
Level: Main
Area: 110.00 Square Feet
Dimensions: 10x11
Bedroom 4
Level: Upper
Area: 144.00 Square Feet
Dimensions: 12x12
Interior
Cooling
Window Unit(s)
Appliances
Gas Water Heater, Gas Oven, Refrigerator
Window Features
Vinyl Windows
Heating
Forced Air
Construction
Year Built
Year Built: 1890
Home type
Single Family Residence
Architectural Style
Farmhouse
Foundation Details
Brick/mortar
Construction Materials
Wood Siding
Utilities & Energy
Water Source
Public
Utilities
Electricity Connected, Natural Gas Connected
Parking Features
Detached
Other Features
Subdivision Name
No Subdivision
Price History
| Date | Event | Price |
|---|---|---|
09/14/2026 Source: | Listed for Sale | $128,000 -5.19% $64/sqft |
06/01/2026 Source: | Listing Removed | $135,000 $67/sqft |
03/17/2026 Source: | Listed for Sale | $135,000 $67/sqft |
02/10/2026 Source: | Listing Removed | $135,000 +206.82% $67/sqft |
11/04/2024 Source: | Price Decreased | $44,000 -4.14% $22/sqft |
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Based on information from MIBOR REALTOR® Association through Oct 08, 2026, 08:46PM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.
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