• Property Type
  • Single Family Residence, Residential
  • 4
  • Bedrooms
  • 1
  • Bathroom
  • 2
  • Garages
  • 2104 Sqft
  • Area Size
911 W 3rd Street, Anderson, IN 46016
  • $135,000
  • $124,000

Description

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.

  • Address: 911 W 3rd Street
  • City: Anderson
  • State/county: IN
  • Zip/Postal Code: 46016
  • Area: No Subdivision

Details

Updated on February 1, 2026 at 6:07 am
  • Property ID 22072514
  • Price $135,000
  • Property Size 2104 Sqft
  • Land Area 0.16 Acres
  • Bedrooms 4
  • Rooms 8
  • Bathroom 1
  • Garages 2
  • Garage Size x x
  • Year Built 1890
  • Property Type Single Family Residence, Residential
  • Property Status Expired

Additional details

  • Utilities Electricity Connected,Natural Gas Connected
  • Cooling Window Unit(s)
  • Heating Forced Air
  • County Madison
  • Property Type Residential
  • Parking Detached
  • Architectural Style Farmhouse

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Preeti Chaggar

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