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    Turnkey Duplex with Two Leased Units Title is generated by Realmo AI

    3960 N Illinois Street, Indianapolis, IN 46208

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    For Sale
    $399,999

    MULTI_FAMILY - Indianapolis, IN

    Lot size:
    0.14 Acres
    Added:
    Mar 19, 2026
    Days on Market:
    88
    Last Refresh:
    Jun 14 at 1:06 am

    Property Features for 3960 N Illinois Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    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

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    Listing Contact
    Alexandria Heygood

    Listing agent Alexandria Heygood License #RB19001282

    Listing office Highgarden Real Estate Keystone Crossing Ste 170 8500, Indianapolis, IN

    Listing date Mar 19, 2026

    MLS# 22089941 Listing URL

    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.

    HighLights

    • 1926‑built duplex in Butler‑Tarkington
    • Two 3‑bedroom, 1‑bath units
    • Both units are currently leased for immediate cash flow
    • Refreshed interiors with updated lighting and bright, open living spaces
    • Basement included

    Overview

    This turnkey duplex includes two large units, each offering three bedrooms and one bathroom. Interiors have been refreshed, and the property features updated lighting along with bright, open living spaces. The layout is designed for straightforward everyday functionality within each unit.

    The property is located in Butler-Tarkington, just steps from Tarkington Park and minutes from Butler University. It is also positioned near Downtown Indianapolis and Broad Ripple, providing convenient access to key local destinations.

    For buyers seeking a residential income property, the duplex is notable for having both sides currently leased, which can support immediate occupancy. With two similarly sized 3-bedroom, 1-bath units, the building offers a practical configuration for investors and owner-operators looking to manage a compact, turn-key rental setup.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.159469
    Latitude
    39.828102

    FAQs

    What type of property is this?
    Duplex - Duplex with refreshed interiors and updated lighting, offering two large 3-bedroom, 1-bath units that are currently leased.
    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 $399,999.
    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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