• Property Type
  • Single Family Residence, Residential
  • 4
  • Bedrooms
  • 1
  • Bathroom
  • 1574 Sqft
  • Area Size
424 W 3rd Street, Anderson, IN 46016
  • $49,000
  • $49,000

Description

Investor Alert! Don’t miss this great single-family ranch home located near downtown Anderson. This turnkey rental property is rented for $900/mo (tenant pays utilities) – nearly hitting the 2% rule!! The home sits on a corner lot and has 4 bedrooms, 1 bathroom, and nearly 1300sq ft of finished living space with a small unfinished basement. Large rear fenced yard with huge storage shed. No HOA! Excellent location within blocks of downtown Anderson, the property benefits from convenient access to local amenities and public transportation, further enhancing rental demand. If you’re looking to expand your portfolio with a cash-flowing rental or prefer a BRRRR strategy, this property provides a golden chance to invest in a rapidly improving area. Capitalize on this opportunity and grow your real estate portfolio today! Property sold as-is.

  • Address: 424 W 3rd Street
  • City: Anderson
  • State/county: IN
  • Zip/Postal Code: 46016

Details

Updated on December 31, 2025 at 11:53 am
  • Property ID 22075412
  • Price $49,000
  • Property Size 1574 Sqft
  • Land Area 0.29 Acres
  • Bedrooms 4
  • Rooms 6
  • Bathroom 1
  • Garage Size x x
  • Year Built 1900
  • Property Type Single Family Residence, Residential
  • Property Status Closed

Additional details

  • Cooling Central Air
  • Heating Forced Air
  • County Madison
  • Property Type Residential
  • Architectural Style Ranch

Mortgage Calculator

Contact Information

View Listings
Preeti Chaggar

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare