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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!
Property Type(s):
Single Family
| Last Updated | 6/3/2026 | Tract | Fairview Park |
|---|---|---|---|
| Year Built | 1927 | Community | 4903 - Marion - Washington |
| County | Marion |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Gas Cooktop, Gas Oven, Refrigerator, Water Heater |
| AREA | 4903 - Marion - Washington |
| BASEMENT | Daylight, Finished, FULL, Storage Space, Sump Pump, Walk-Out Access, Yes |
| CONSTRUCTION | Brick, Stucco |
| EXTERIOR | Fire Pit |
| FIREPLACE | Yes |
| HEAT | Electric, Forced Air, Natural Gas |
| INTERIOR | Eat-in Kitchen, Entrance Foyer, Walk-in Closet(s), Wired for Data |
| LOT | 5227 sq ft |
| LOT DESCRIPTION | See Remarks |
| PARKING | Alley Access, Guest |
| STORIES | 1 |
| STYLE | Contemporary, Spanish, Traditional |
| SUBDIVISION | Fairview Park |
| UTILITIES | Cable Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Park/Greenbelt |
| WATER | Public |
Location
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Listed with Aspen Realty, Inc
Listing information is deemed reliable, but not guaranteed.
© 2026 Metropolitan Indianapolis Board of REALTORS®
© 2026 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.
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