Listing provided courtesy of Aspen Realty, IncMLS# MBR22105762MLS Provider
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INVESTOR ALERT! Prime Butler University Rental Opportunity Exceptional 5-bedroom, 2-bathroom home located just steps from the campus of Butler University. This beautifully renovated property offers the perfect combination of historic charm, modern updates, and strong income potential. Currently operating as a successful rental property or can be Airbnb rental. This property has historically generated between $3,500 and $4,000 per month in rental income. Whether you're seeking an investment property, student housing opportunity, or a personal residence near campus, this home delivers outstanding value. Recently renovated from top to bottom, features include: Spacious 5-bedroom, 2-bathroom floor plan, fully remodeled kitchen with butcher block countertops, Stainless steel appliances and new cabinetry. Large walk-in pantry, Refinished original hardwood floors. Beautiful leaded-glass windows. Original 1927 built-ins in the family and dining rooms. Cozy gas fireplace with Classic architectural character blended with modern conveniences. Enjoy living within walking distance of Butler University, restaurants, sporting events, and campus activities while being minutes from the highly desirable Meridian-Kessler neighborhood. Turnkey investment opportunity with proven rental history in one of Indianapolis' most sought-after university locations. Schedule your showing today!

Source: MIBOR, MLS#: MBR22105762

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  • Property Type
    Residential
  • Lot
    0.12 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 620 Berkley Road


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/3/2026Source: MIBOR Added to Database
June 03, 2026