3960 N Illinois Street Indianapolis, IN 46208

Multi-Family (2-4 Units) MLS #: 22024307 Courtesy Of REAL BROKER, LLC

$418,000

0.14 acres
Print property details Share
Estimated monthly payments: $1,827/mo.* (recalculate)

Property InformationDescription

Invest in this recently updated duplex in the sought-after Butler-Tarkington neighborhood, just steps from Tarkington Park. Each unit features 3 bedrooms and 1 bathroom, boasting fresh paint, stylish lighting upgrades, and spacious layouts filled with natural light. This property is fully leased, providing immediate cash flow and making it a prime long-term investment. Tenants enjoy a comfortable living space, while the location offers easy access to Butler University, Broad Ripple, and Downtown Indianapolis. Don't miss this turnkey rental opportunity in a thriving neighborhood!
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Lot Size: 0.14 Acres
  • Rooms: Basement

MAP & DIRECTIONS

Get Directions
3960 N Illinois Street, Indianapolis, IN 46208
View Directions

School Information

3960 N Illinois Street, Indianapolis, IN 46208

Elementary School
Grades PK-8 | Public School
IPS BUTLER UNIVERSITY LABORATORY SCHOOL 60
Indianapolis, IN 46205
3330 N Pennsylvania St
317.­226.4369
Distance: 0.8 mi
School Rating
C-
Student:Teacher Ratio
12:1
Total Students
585
Elementary School
Grades PK-8 | Public School
CENTER FOR INQUIRY SCHOOL 27
Indianapolis, IN 46202
545 E 19th St
317.­226.4227
Distance: 2.6 mi
School Rating
D+
Student:Teacher Ratio
13:1
Total Students
493
Elementary School
Grades PK-8 | Public School
JAMES W. RILEY ELEMENTARY SCHOOL 43
Indianapolis, IN 46208
150 W 40th St
317.­226.4243
Distance: 0.1 mi
School Rating
D+
Student:Teacher Ratio
7:1
Total Students
380
Elementary School
Grades KG-8 | Public School
CENTER FOR INQUIRY SCHOOL 84
Indianapolis, IN 46220
440 E 57th St
317.­226.4284
Distance: 2.1 mi
School Rating
A-
Student:Teacher Ratio
16:1
Total Students
450
Elementary School
Grades PK-8 | Public School
ROUSSEAU MCCLELLAN MONTESSORI SCHOOL 91
Indianapolis, IN 46205
5111 Evanston Ave
317.­226.4291
Distance: 2.1 mi
School Rating
C
Student:Teacher Ratio
14:1
Total Students
587
Middle School
Grades PK-8 | Public School
IPS BUTLER UNIVERSITY LABORATORY SCHOOL 60
Indianapolis, IN 46205
3330 N Pennsylvania St
317.­226.4369
Distance: 0.8 mi
School Rating
C-
Student:Teacher Ratio
12:1
Total Students
585
Middle School
Grades PK-8 | Public School
CENTER FOR INQUIRY SCHOOL 27
Indianapolis, IN 46202
545 E 19th St
317.­226.4227
Distance: 2.6 mi
School Rating
D+
Student:Teacher Ratio
13:1
Total Students
493
Middle School
Grades PK-8 | Public School
JAMES W. RILEY ELEMENTARY SCHOOL 43
Indianapolis, IN 46208
150 W 40th St
317.­226.4243
Distance: 0.1 mi
School Rating
D+
Student:Teacher Ratio
7:1
Total Students
380
Middle School
Grades KG-8 | Public School
CENTER FOR INQUIRY SCHOOL 84
Indianapolis, IN 46220
440 E 57th St
317.­226.4284
Distance: 2.1 mi
School Rating
A-
Student:Teacher Ratio
16:1
Total Students
450
Middle School
Grades PK-8 | Public School
ROUSSEAU MCCLELLAN MONTESSORI SCHOOL 91
Indianapolis, IN 46205
5111 Evanston Ave
317.­226.4291
Distance: 2.1 mi
School Rating
C
Student:Teacher Ratio
14:1
Total Students
587
High School
Grades 9-12 | Public School
PURDUE POLYTECHNIC HIGH SCHOOL
Indianapolis, IN 46225
525 S Meridian St Ste Lla
317.­832.1200
Distance: 4.8 mi
School Rating
D-
Student:Teacher Ratio
22:1
Total Students
543
High School
Grades 9-12 | Public School
ARSENAL TECHNICAL HIGH SCHOOL
Indianapolis, IN 46201
1500 E Michigan St
317.­693.5300
Distance: 3.8 mi
School Rating
F
Student:Teacher Ratio
10:1
Total Students
2103
High School
Grades 9-12 | Public School
CRISPUS ATTUCKS HIGH SCHOOL
Indianapolis, IN 46202
1140 Dr Martin Luther King Jr St
317.­226.2800
Distance: 3.2 mi
School Rating
F
Student:Teacher Ratio
10:1
Total Students
1157
High School
Grades 9-12 | Public School
GEORGE WASHINGTON HIGH SCHOOL
Indianapolis, IN 46222
2215 W Washington St
317.­693.5555
Distance: 4.8 mi
School Rating
F
Student:Teacher Ratio
9:1
Total Students
798
High School
Grades 9-12 | Public School
SHORTRIDGE HIGH SCHOOL
Indianapolis, IN 46208
3401 N Meridian St
317.­226.2810
Distance: 0.7 mi
School Rating
D
Student:Teacher Ratio
9:1
Total Students
1077
Other Nearby Schools Distance Type Grades School Rating
School For Community Learning 0.6 mi Private KG-8
St Joan Of Arc/diocese 0.7 mi Private PK-8
Louis B Russell Jr School 48 0.8 mi Public KG-6 C
St Thomas Aquinas School 0.8 mi Private PK-8
Apogee School For The Gifted 0.9 mi Private KG-9
St Richard's Episcopal School 0.9 mi Private PK-8
Center For Inquiry School 70 1.0 mi Public KG-8 C+
The Independence Academy 1.0 mi Private 5-12
Geo Focus Academy 1.1 mi Private KG-12
Indiana School For The Deaf 1.3 mi Public PK-12
Holy Angels Catholic School 1.6 mi Private PK-6
Believe Circle City High School 1.7 mi Public 9-10
International School Of Indiana 1.7 mi Private PK-12
Northside Montessori 1.8 mi Private PK-5
George Washington Carver Montessori School 87 1.9 mi Public PK-8 B-
Kipp Indy Unite Elementary School 2.0 mi Public KG-5 D+
Kipp Indy College Preparatory Middle School 2.0 mi Public 6-8 F
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Indianapolis, IN 46208

Median Age: 34.1
Married: 28%
Number of Households: 9,013
Households with Children: 25.1%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.