714 Berkley RD new

Indianapolis,IN 46208

$ 450000

6 Beds

3 Baths

2783 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,783 sqft

Price per Sqft $161

Subdivision Fairview Park

MLS Listing ID 22017976

Bedrooms 6

Full Baths 3

HOA Y/N No

Year Built 1929

Tax Year 2023

Lot Size 7,405 Sqft

Acres 0.17

Property Description

A wonderful opportunity for an investor who is looking for a student rental property near the Butler University campus. This student housing house is full of character and is in high demand - an excellent rental! It features 5 bedrooms with a shared room that can function as a 6th bedroom for students, 3 full bathrooms (one on each floor), an updated kitchen with new stainless steel appliances and granite countertops, a new roof & gutters, and much more. All appliances are included. The house is located on the "park-like" Knoll with 1.5 cars attached finished garage and multiple parking spaces available in the back. Current tenants are IUPUI students. The current owner has a lease secured for the Fall of 2026 ($3,300) students attending Butler University and is actively working to secure a lease for Fall of 2025. Don't miss out on this solid investment!

Location

State IN

County Marion

Rooms

Basement Egress Window(s),Partial

Main Level Bedrooms 1

Kitchen Kitchen Updated

Interior

Interior Features Attic Access,Hi-Speed Internet Availbl,Screens Some,Windows Wood,Wood Work Painted

Heating Forced Air,Gas

Cooling Central Electric

Fireplaces Number 1

Fireplaces Type Family Room,Non Functional

Equipment Sump Pump

Fireplace Y

Appliance Dishwasher,Dryer,Electric Water Heater,Laundry Connection in Unit,MicroHood,Electric Oven,Refrigerator,Washer

Exterior

Exterior Feature Balcony

Garage Spaces 1.0

Building

Story One and One Half

Foundation Block

Water Municipal/City

Architectural Style Tudor

Structure Type Stucco

New Construction false

Schools

School District Indianapolis Public Schools

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