3960 N Illinois Street Indianapolis, IN $ 374,999
3960 N Illinois Street
$ 374,999
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3960 N Illinois Street

Indianapolis, IN, 46208
$ 374,999
Bedrooms-- Baths0.0

Monthly Estimate*

$ 2,590

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Multi-Family Home for sale in Indianapolis, IN

for $374,999. This home was built in 1926 on a lot size of 0.14.

An excellent turn key opportunity in Butler-Tarkington, just steps from Tarkington Park and minutes from Butler University.This duplex features two large 3 bedroom, 1 bath units with refreshed interiors, updated lighting, and bright, open living spaces. The layout in each unit offers strong functionality and consistent rental demand in this prime location. Situated near Downtown Indianapolis and Broad Ripple, the property benefits from one of the city's most desirable and convenient corridors. Both sides are currently leased, providing immediate cash flow. This is great addition to any investment portfolio in a proven rental market.

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Multi-Family Pending

Price

$ 374,999

Property Type

Multi-Family

Taxes

$ 8,794

Style

Lot Size

0.14

Year Built

1926

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22089941

Features
General
Possession Closing
Year Built 1926
Tenant Pays All Utilities
Township Washington
Property Subtype Duplex
Tax Year 2024
Current Use Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Lattas North Illinois St
Status Pending
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 2
MLS Area 4903 - Marion - Washington
Lot Size Square Feet 6248
Property Attached Y/N Y
Property Condition Updated/Remodeled
Standard Status Pending
Tax Lot 490614156021000801
Legal Description Lattas North Illinois Street Add Pt L9 & Pt L10 Beg Ne Cor L10 P.O.B. S71' W88' N71' E88' To Beg
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Exterior
Parking Features Concrete
Lot Size Acres 0.14
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Interior
Basement (Y/N) Y
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* Excluded Features
List By
Highgarden Real Estate

Broker

amheygood@highgarden.com

Email

Affordability Calculator

$3,323
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,590
Monthly Property Taxes
$733
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/20/2026$374,999 -6.25% Price Down
3/19/2026$399,999 Listed Price

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3960 N Illinois Street, Indianapolis, IN, 46208 is a Multi-Family Home for sale at $374,999 with a lot size of 0.14. 3960 N Illinois Street has 0.0 baths and was built in 1926. The property's zip code is 46208 which is in Indianapolis, IN