$355,000

beds

baths

2,783

square ft

714 Berkley Road

Indianapolis, Indiana 46208

Closed / MLS #22061164 / Single Family / Butler-Tarkington

Listing information updated 4/2/2026 at 11:06am

Prime Investment Opportunity in Butler-Tarkington! Just one block from Butler University, this spacious 5/6 bedroom, 3-bath home is perfectly positioned for consistent rental demand. With its size, layout, and proximity to campus, this property is ideal for student housing. Leases are already signed for the next two school years! Designed to comfortably accommodate multiple tenants. Desirable Butler-Tarkington location, highly walkable to campus, dining, and shopping. Strong rental history in a high-demand area. Great opportunity for IUPUI students as well! This is a rare opportunity to add a turnkey, income-producing property to your portfolio in one of Indianapolis' most sought-after rental neighborhoods. Whether you're a seasoned investor or looking for your first student housing property, this home checks all the boxes.

Full Features

Architecture Style:

Traditional

Exterior Type:

Brick,Stucco

Basement:

Finished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Forced Air, Natural Gas

Appliances:

Dishwasher, Dryer, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Washer

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

97 Years

Parking Spaces:

Garage:

Garage - 2 Car(s)

Room Count:

Water Front:

Square Feet:

2,783

Lot Size:

0.17 Acres

Acreage:

0.17

Internal Features:

Hi-Speed Internet Availbl

External Features:

Patio/Porch

Room Information

Living Room:

22x13 - Main

Kitchen:

10x12 - Main

Primary Bedroom:

13x12 - Main

3rd Bedroom:

17x12 - Upper

4th Bedroom:

13x12 - Upper

Office:

09x11 - Main

Bedroom 5:

8x10 - Upper

Bedroom 6:

10x12 - Basement

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

2024

Location

Zip Code:

46208

City:

Indianapolis

County:

Marion

Schools

School District(s):

Indianapolis Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Architecture Style:

Traditional

Exterior Type:

Brick,Stucco

Basement:

Finished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Forced Air, Natural Gas

Appliances:

Dishwasher, Dryer, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Washer

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

97 Years

Parking Spaces:

Garage:

Garage - 2 Car(s)

Room Count:

Water Front:

Square Feet:

2,783

Lot Size:

0.17 Acres

Acreage:

0.17

Internal Features:

Hi-Speed Internet Availbl

External Features:

Patio/Porch

Living Room:

22x13 - Main

Kitchen:

10x12 - Main

Primary Bedroom:

13x12 - Main

3rd Bedroom:

17x12 - Upper

4th Bedroom:

13x12 - Upper

Office:

09x11 - Main

Bedroom 5:

8x10 - Upper

Bedroom 6:

10x12 - Basement

Tax Amount:

N/A

Tax Year:

2024

Zip Code:

46208

City:

Indianapolis

County:

Marion

School District(s):

Indianapolis Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Compass Indiana, LLC

Listing Office Phone: 317.563.5051

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 4/2/2026 at 11:06am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.