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$135,000 -

911 W 3rd Street Anderson IN 46016

4
Bedrooms
1
Baths
N/A
SQ. Feet
(Above Ground)
0.16
Acres

Investor Alert - Newly Income-Producing Asset! Property was previously marketed as a primary residence and has since been strategically repositioned as an income-producing investment, now leased at $1,450/month with a Section 8 tenant in place. Rent is currently paid 100% through Housing Assistance Payments (HAP). Price reflects current rental income and turnkey investment status. Tenant pays all utilities. Property taxes under $150/year. Current rent meets the 1% rule, making this an attractive cash-flow opportunity. Inspection Report available. This fully renovated 2025 property offers 4 bedrooms plus a bonus room and a dedicated laundry room. Updates include new LVP flooring, fresh paint, updated fixtures and hardware, new interior doors, and many new windows throughout. The kitchen features new cabinets, countertops, and appliances, while the bathroom includes a tiled shower and tiled flooring. Major capital improvements include a brand-new roof (2025), full electrical rewire, and new garage doors, providing long-term durability and reduced maintenance. Additional features include a detached garage, washer/dryer hookups, and a fully fenced backyard.

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Property Details

Price: $135,000 Previously: $135,000 Originally: $126,000 Bedrooms: 4 Bathrooms: 1.00 MLS #: 22072514 Year Built: 1890 Township: Anderson Sq. Ft Total: 2,104 Type: Residential Zip Code: 46016 City: Anderson Subdivision: No Subdivision County: Madison School District: Anderson Community School Corp

Interior Features

Interior Features:
  • Appliances: Gas Water Heater, Gas Oven, Refrigerator
  • Cooling: Window Unit(s)
  • Heating: Forced Air

Exterior Features

Exterior Features:
  • # Acres: 0.16

Listing Office: Inspired Realty

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on January 12th, 2026 at 5:10pm EST.

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