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Listed by Ken Yoder • Hoosier, REALTORS®

$450,000

Est. payment - /mo

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6 BD

3 BA

2,783 SqFt

New

714 Berkley RD Indianapolis, IN 46208

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Wischmeier Group

john@inhomestoday.com +1(812) 344-3480

UPDATED:

01/16/2025 10:16 PM

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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Wischmeier Group

Broker

+1(812) 344-3480

714 Berkley RD Indianapolis, IN 46208

Wischmeier Group

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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714 Berkley RD