1649 S Delaware Street, Indianapolis, IN 46225
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
1649 S Delaware Street,Indianapolis, IN 46225
$350,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: edward neu
Office: neu real estate group
MLS#:22077778
Source:IN_MIBOR
Price summary
- Price:$350,000
About this home
Turnkey New Construction Duplex! Strong Cash Flow & Upside Unit Mix: 2 bed/2 bath per unit x2 Units! Projected Monthly Rent: $1,680 (2x2) / $3,360 Gross Monthly Total Units: 2 Step into this new construction duplex in the revitalizing near southside neighborhood, one of Indianapolis' fastest growing corridors for residential and mixed-use development. This turnkey Property is designed for strong cash flow, long-term appreciation, and excellent tax advantages. Near Southside is a historic and evolving neighborhood located just south of Downtown Indianapolis. With strong community character, ongoing revitalization, and excellent proximity to the city core. It has become an increasingly attractive area for both residents and investors. Strong tenant demand driven by workforce housing, student housing, and new amenities. Consistent rent growth projected with stable operating expenses. Why Invest Here? This duplex offers investors: 1. New construction peace of mind - minimal maintenance, modern finishes. 2. Attractive returns in a market with limited new build inventory. 3. Generous depreciation & tax benefits to offset income. 4. A prime position in a neighborhood with rising property values and planned redevelopment. Reach out to our Investment team - 7655252161....
Contact an agent
Home facts
- Year built:2026
- Listing ID #:22077778
- Added:74 day(s) ago
- Updated:March 30, 2026 at 08:38 PM
Structure and exterior
- Year built:2026
- Lot area:0.07 Acres
Schools
- High school:Arsenal Technical High School
Finances and disclosures
- Price:$350,000
New listings near 1649 S Delaware Street
- New
$172,000Active2 beds 1 baths1,049 sq. ft.2714 Barth Avenue, Indianapolis, IN 46203
MLS# 22089647Listed by: KELLER WILLIAMS INDY METRO S - New
$595,000Active-- beds -- baths7918 E 10th Street, Indianapolis, IN 46219
MLS# 22091296Listed by: CENTURY 21 SCHEETZ - New
$178,900Active3 beds 1 baths1,374 sq. ft.938 N Gray Street, Indianapolis, IN 46201
MLS# 22091702Listed by: F.C. TUCKER COMPANY - New
$287,614Active3 beds 3 baths1,413 sq. ft.2722 Singletree Drive, Indianapolis, IN 46234
MLS# 22092073Listed by: RE/MAX CENTERSTONE - New
$130,000Active3 beds 1 baths888 sq. ft.2962 N Dequincy Street, Indianapolis, IN 46218
MLS# 22092095Listed by: EXP REALTY, LLC - New
$294,000Active3 beds 2 baths1,336 sq. ft.301 W 26th Street, Indianapolis, IN 46208
MLS# 22092148Listed by: BERKSHIRE HATHAWAY HOME - New
$175,000Active3 beds 1 baths1,120 sq. ft.1220 S Whitcomb Avenue, Indianapolis, IN 46241
MLS# 22092150Listed by: EXP REALTY, LLC
$235,000Pending3 beds 2 baths1,222 sq. ft.4625 Byrkit Street, Indianapolis, IN 46221
MLS# 22092056Listed by: RUSSELL REAL ESTATE, LLC- New
$350,000Active4 beds 3 baths1,872 sq. ft.3501 N Euclid Avenue, Indianapolis, IN 46218
MLS# 22078328Listed by: F.C. TUCKER COMPANY - New
$384,900Active4 beds 1 baths2,400 sq. ft.2605 S Franklin Road, Indianapolis, IN 46239
MLS# 22083639Listed by: INDIANA REAL ESTATE GROUP, LLC