620 Berkley Road, Indianapolis, IN 46208

$438,000
5
BD
2
BA
2,420
SqFt

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List Price
$438,000
Price Change
▼ $7,000 1783633320
MLS#
22105762
Property Type
Residential
Bedrooms
5
Bathrooms
2
Sqft. of Residence
2,420
Year Built
1927
Days on Market
57
Status
ACTIVE

Property Description

INVESTOR ALERT! Prime Butler University Rental Opportunity Exceptional 5-bedroom, 2-bathroom home located just steps from the campus of Butler University. This beautifully renovated property offers the perfect combination of historic charm, modern updates, and strong income potential. Currently operating as a successful rental property or can be Airbnb rental. This property has historically generated between $3,500 and $4,000 per month in rental income. Whether you're seeking an investment property, student housing opportunity, or a personal residence near campus, this home delivers outstanding value. Recently renovated from top to bottom, features include: Spacious 5-bedroom, 2-bathroom floor plan, fully remodeled kitchen with butcher block countertops, Stainless steel appliances and new cabinetry. Large walk-in pantry, Refinished original hardwood floors. Beautiful leaded-glass windows. Original 1927 built-ins in the family and dining rooms. Cozy gas fireplace with Classic architectural character blended with modern conveniences. Enjoy living within walking distance of Butler University, restaurants, sporting events, and campus activities while being minutes from the highly desirable Meridian-Kessler neighborhood. Turnkey investment opportunity with proven rental history in one of Indianapolis' most sought-after university locations. Schedule your showing today!

Additional Information

Basement
Daylight, Finished, Full, Storage Space, Walk-Out Access
Foundation
Concrete Perimeter, Block
Number of Fireplaces
1
Fireplace Description
Masonry, Living Room
Stories
One
Architecture
Contemporary, Spanish, Traditional
Equipment
Sump Pump
Interior
Attic Access, Entrance Foyer, Eat-in Kitchen, Wired for Data, Walk-In Closet(s)
Exterior Amenities
Fire Pit
Acres
0.12
Heat
Electric, Forced Air, Natural Gas
Cooling
Central Air
Financing
Exchange - 1031, Conventional, FHA, VA
Appliances
Gas Cooktop, Dishwasher, Disposal, Gas Oven, Refrigerator, Water Heater
Semi-Annual Taxes
$3,720
Garage Parking
Guest Street Parking, Other
Region
Washington
Areas
Bedroom Other on Main, Living Room Formal, Utility Room
Eating Areas
Dining Combo/Family Room, Dining Combo/Kitchen, Formal Dining Room

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Calculator source: Real Geeks

Listing courtesy of Aspen Realty, Inc.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative