1728 N Delaware Street, Indianapolis, IN 46202
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
1728 N Delaware Street,Indianapolis, IN 46202
$849,990
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: james gilday
Office: exp realty, llc.
MLS#:22083456
Source:IN_MIBOR
Price summary
- Price:$849,990
About this home
Exceptional investment opportunity with this fully operational quadplex ideally positioned near downtown. This four-unit multifamily property has demonstrated strong short-term income performance under current ownership, offering both immediate cash flow and long-term appreciation potential. Located just moments from vibrant entertainment, popular dining destinations, and boutique retail, the property benefits from a highly desirable setting that consistently drives strong occupancy and rental demand. Easy access to major city streets and nearby highways makes this an attractive option for students, young professionals, and commuters alike. Each of the four units features its own private entrance, laundry connections, and modern updates throughout. Thoughtful improvements enhance functionality and appeal, while flexible layouts allow each unit to comfortably accommodate multiple occupants-maximizing rental potential. Whether you're expanding your portfolio or entering the multifamily space, this income-producing asset offers location, versatility, and proven performance in one of the city's most accessible corridors....
Contact an agent
Home facts
- Year built:1950
- Listing ID #:22083456
- Added:44 day(s) ago
- Updated:April 10, 2026 at 07:30 AM
Rooms and interior
- Basement:Yes
- Basement Description:Basement
Heating and cooling
- Cooling:Central Electric, Heat Pump, Window Unit(s)
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1950
- Lot area:0.14 Acres
- Architectural Style:Craftsman
- Construction Materials:Brick, Wood Siding
- Exterior Features:Balcony
Schools
- High school:Arsenal Technical High School
- Elementary school:Washington Irving Neighborhood School
Finances and disclosures
- Price:$849,990
Parking
- Garage:Yes
- Garage spaces:2
New listings near 1728 N Delaware Street
- Open Sat, 12 to 2pmNew
$309,900Active3 beds 3 baths1,693 sq. ft.4549 Caroline Avenue, Indianapolis, IN 46205
MLS# 22091028Listed by: KELLER WILLIAMS INDY METRO NE - New
$350,000Active3 beds 3 baths3,370 sq. ft.3441 Ellyn Drive, Indianapolis, IN 46228
MLS# 22093527Listed by: EPIQUE INC - Open Sun, 11am to 1pmNew
$239,900Active2 beds 3 baths1,581 sq. ft.2363 Colfax Lane, Indianapolis, IN 46260
MLS# 22093873Listed by: KELLER WILLIAMS INDPLS METRO N - New
$265,000Active3 beds 2 baths1,529 sq. ft.4486 S Meridian Street, Indianapolis, IN 46217
MLS# 22094186Listed by: MANG THA REAL ESTATE, LLC - New
$250,000Active2 beds 2 baths1,842 sq. ft.8681 Jaffa Court Drive E #38, Indianapolis, IN 46260
MLS# 22094360Listed by: KELLER WILLIAMS INDPLS METRO N - New
$889,000Active4 beds 4 baths4,416 sq. ft.8418 N College Avenue, Indianapolis, IN 46240
MLS# 22094431Listed by: F.C. TUCKER COMPANY - New
$435,000Active3 beds 1 baths1,448 sq. ft.717 S Illinois Street, Indianapolis, IN 46225
MLS# 22094593Listed by: INDY HOME SHOP LLC - New
$75,000Active3 beds 1 baths1,402 sq. ft.2117 Webb Street, Indianapolis, IN 46225
MLS# 22093957Listed by: DOLLARS AND SENSE REAL ESTATE - New
$159,900Active-- beds -- baths3426 N College Avenue, Indianapolis, IN 46205
MLS# 22094614Listed by: REALTY WEALTH ADVISORS - New
$130,000Active3 beds 1 baths1,056 sq. ft.338 S Rural Street, Indianapolis, IN 46201
MLS# 22092243Listed by: KELLER WILLIAMS INDY METRO S