Sold — 714 Berkley Road, Indianapolis, IN 46208
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ABOUT THIS HOME
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.
$365,000
$400,000
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...
2,783
Sq Ft
1929
Year Built
6
Bedrooms
3
Bathrooms
Key things to know
- Sold 11% below list in 89 days
- Fireplace
- Finished basement (409 sqft)
- Fairview Park subdivision
Sold
$355,000
-$45,000 below list (-11.3%)
- Closed
- Apr 2, 2026
- Listed at
- $400,000
- Sold
- 1 month ago
- Sold in
- 89 days
Price history
- Sold$355,000
Apr 2, 2026
- Price reduced$370,000 → $365,000
Oct 10, 2025
- Listedat $400,000
Sep 5, 2025
Fairview Park · activity
past 6 months
- Sold
- 3
- Median price
- $335,000
- Median DOM
- 14 days
Recent comparable sales
$465,000
4329 Sunset Avenue
5bd · 3ba · 2,790 sqft
Sold Feb 2026
$437,000
422 W 40th Street
5bd · 4ba · 3,340 sqft
Sold Dec 2025
$692,500
4619 Boulevard Place
5bd · 4ba · 3,118 sqft
Sold Dec 2025
$425,000
4224 Cornelius Avenue
5bd · 3ba · 2,511 sqft
Sold Jun 2025
$725,000
511 W Hampton Drive
5bd · 4ba · 3,198 sqft
Sold Sep 2025
Comparative value
5 comps in this range
This home is 24% below median for similar nearby sales.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$400,000Listed· Sep 5, 2025
$365,000Reduced
↓ $35,000 (8.8% off original)
89 days on market
Layout
Primary suite
See Remarks
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis4.7 mi
- Monon Trail (Carmel)9.0 mi
- Carmel Central Park9.0 mi
- Carmel High School9.6 mi
- Zionsville Community HS9.7 mi
- Carmel Arts & Design District10.3 mi
PROPERTY DETAILS
Living Area
2,783 sq ft
Year Built
1929
Stories
Two
Subdivision
Fairview Park
Bedrooms
6
Bathrooms
3 full
Garage
2 spaces
School District
Indianapolis Public Schools