A wonderful opportunity for an investor who is looking for a student rental property near the Butler University campus. This student housing house is full of character and is in high demand - an excellent rental! It features 5 bedrooms with a shared room that can function as a 6th bedroom for students, 3 full bathrooms (one on each floor), an updated kitchen with new stainless steel appliances and granite countertops, a new roof & gutters, and much more. All appliances are included. The house is located on the "park-like" Knoll with 1.5 cars attached finished garage and multiple parking spaces available in the back. Current tenants are IUPUI students. The current owner has a lease secured for the Fall of 2026 ($3,300) students attending Butler University and is actively working to secure a lease for Fall of 2025. Don't miss out on this solid investment!
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Price Changed | $425,000 -5.56% | $162 | Hoosier, REALTORS® | |
Listed For Sale | $450,000 | $171 | Hoosier, REALTORS® |
Elementary School James Whitcomb Riley School 43 | 0.7 miles away | PK - 06 | |
Middle School Shortridge Middle School | 1.4 miles away | 07 - 08 | |
Elementary School Mary E Nicholson School 70 | 1.2 miles away | PK - 06 |