$400,000

4701 Rookwood Avenue, Indianapolis, IN 46208

  • 5 beds |
  • 2 baths |
  • 2,437 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1951
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $164/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

Located just steps from Butler University, this spacious 5-bedroom, 2-bathroom home offers a rare opportunity in one of Indianapolis's most sought-after student housing corridors. The property has a strong rental history as a student residence, making it ideal for both investors and owner-occupants seeking income potential. Inside, the home features generous common areas, multiple large bedrooms, and two full bathrooms designed for functionality and comfort. The kitchen and living spaces provide plenty of room for group living, studying, or entertaining. Ample natural light, hardwood floors, and classic architectural details reflect the charm of the neighborhood. Outside, residents enjoy off-street parking, a private backyard, and easy access to Butler's campus, the Canal Towpath, and local shops and cafes. With its proximity to campus, solid rental track record, and flexible floor plan, this property represents a unique opportunity in the heart of the Butler-Tarkington community.

Listing Status:
Active
Listing Office:
@properties : 317-697-1557
Listing Agent:
Laura Booram : 317-697-1557
MLS ID:
22068667
  • Appliances: Gas CooktopDishwasherDryerElectric Water HeaterMicroHoodMicrowaveOvenRefrigeratorWasher
  • Laundry: In Basement
  • Basement: Partial
  • A/C: Central Air
  • Heating: Forced AirNatural Gas
  • Fireplace: Family RoomFireplaces: 1
  • Style: Traditional
  • Parking: None
  • General: TwoBrick/Mortar
  • Originating MLS: mibor
  • School District: Indianapolis Public Schools
  • County: Marion
  • Zoning: Hinesleys Fairview Park Add L19490611118024000801
  • Water: Public
  • Source: mibor

This listing courtesy of Laura Booram, @properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

James W. Riley Elementary School 43

150 W 40th St, Indianapolis, IN, 46208

Grades PK-8

0.91 miles away

J

James W. Riley Elementary School 43

150 W 40th St, Indianapolis, IN, 46208

Grades PK-8

0.91 miles away

S

Shortridge High School

3401 N Meridian St, Indianapolis, IN, 46208

Grades 9-12

1.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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