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3960 N Illinois Street, Indianapolis, IN, 46208
Turnkey Duplex with Two 3BR Units

3960 N Illinois Street Indianapolis, IN 46208

For Sale
$374,999

MULTI_FAMILY - Indianapolis, IN

Lot Size0.14 Acres
Days on Market129

Property Features for 3960 N Illinois Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Standard status
Active
APN
490614156021000801
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
Lattas North Illinois Street Add Pt L9 & Pt L10 Beg Ne Cor L10 P.O.B. S71' W88' N71' E88' To Beg

Building Details

Year built
1926
Number of units
2
Listing Agency: Highgarden Real Estate
Listed By: Alexandria Heygood · License #RB19001282
Added: Mar 19 Changed: Jul 20 Last Checked: Jul 25 at 2:06AM
MLS# 22089941

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.


Investment Insights

Based on property information with market context.

This turnkey duplex offers two large 3-bedroom, 1-bath units. Each side features refreshed interiors with updated lighting and bright, open living spaces designed for strong daily functionality. Both units are currently leased, providing immediate rental income.

The property is located at 3960 N Illinois Street in Indianapolis, IN 46208, in Butler-Tarkington. It is described as just steps from Tarkington Park and minutes from Butler University.

The building is configured as two distinct residential units, each with a 3-bedroom and 1-bath layout, supporting consistent tenant appeal and straightforward operation for an owner-operator or investor.

Key Highlights

  • 1926‑built duplex in Butler‑Tarkington
  • Two 3‑bedroom, 1‑bath units
  • Both units are currently leased for immediate cash flow

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Building Supply HVAC Service Kitchen & Bath Showroom Pharmacy Big Box & Wholesale Store Electrical Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with two leased 3-bedroom, 1-bath units featuring refreshed interiors and updated lighting.
Where is this duplex located?
The property is located at 3960 N Illinois Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $374,999.
What are key features of this property?
This property features: 1926‑built duplex in Butler‑Tarkington; Two 3‑bedroom, 1‑bath units; Both units are currently leased for immediate cash flow
More about this property
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