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About This Home

This 0-bedroom, 0-bathroom multi-family at 3960 N Illinois Street in Indianapolis, IN is listed for $399,999. Built in 1926, on a 0.14 acres lot.

Agent Description

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.

Key Features

  • Built in 1926
  • 0.14 acre lot

Property Details

1926

Amenities

Basement

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

3960 N Illinois Street

Indianapolis, IN 46208

Lattas North Illinois St

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 3960 N Illinois Street is listed at $399,999. The estimated monthly payment is $1,733 based on 20% down at 6.5% interest.

Key features include: Built in 1926, 0.14 acre lot.

This property is listed by Alexandria Heygood and can be reached at 3179643643 or amheygood@highgarden.com.

AH

Alexandria Heygood

Agent at Highgarden Real Estate

(317) 964-3643

Listed by Highgarden Real Estate · View on Broker Site

MLS# 22089941· Source: listhub· Updated 22 days ago

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3960 N Illinois Street, Indianapolis, IN 46208

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