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911 W 3rd Street Anderson IN 46016
- 4
- Bedrooms
- 1
- Baths
- N/A
- SQ. Feet
(Above Ground)
- 0.16
- Acres
$1,450/Month Section 8 Rental | Exceeds 1% Rule | Fully Renovated 2025 Turnkey investment with immediate, reliable cash flow. Leased at $1,450/month with rent paid 100% through Section 8 (HAP). Tenant pays all utilities. At the $135,000 list price, this property exceeds the 1% rule at approximately 1.07% 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, government-backed rent, and major updates-this is a true turnkey rental.
Property Details
Interior Features
- Appliances: Gas Water Heater, Gas Oven, Refrigerator
- Cooling: Window Unit(s)
- Heating: Forced Air
Exterior Features
- # Acres: 0.16
Listing Office: Inspired Realty
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Listing information last updated on April 4th, 2026 at 12:13am EDT.
