1754 S Delaware Street, Indianapolis, IN 46225
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
1754 S Delaware Street,Indianapolis, IN 46225
$285,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22079735
Source:IN_MIBOR
Price summary
- Price:$285,000
About this home
Maximize your portfolio with this turnkey duplex in the heart of Indianapolis' rapidly revitalizing Old Southside neighborhood. Located just south of Lucas Oil Stadium, 1754-1756 S Delaware St offers the perfect blend of modern infrastructure and a prime location. This area is a hotspot for investors and house hackers alike, surrounded by new builds and high-end remodels. You are minutes from Gainbridge Fieldhouse, the Convention Center, and major employers like Eli Lilly and Salesforce, making this an ideal location for long-term, mid-term, or short-term rental strategies. Each side-by-side unit features a mirror-image layout with 3 bedrooms and 2 full bathrooms. The interiors boast an open-concept flow with high ceilings, recessed lighting, and stackable in-unit laundry. The functional floor plan provides one bedroom and a full bath on the main level, with two additional bedrooms and a second full bath upstairs. Both units include unfinished basements for ample storage and private, fenced backyards. Completely remodeled within the last five years, the property features a newer roof, HVAC, electrical, plumbing, and stylish finishes throughout. Unit 1754 is tenant-occupied through 4/30/26 at $1,499/mo plus an $85 water fee and $25 pet fee. Unit 1756 is vacant and rent-ready. When fully occupied, this property is projected to exceed the coveted 1% rule, offering a low-overhead, high-performing asset with separate electric meters and a tenant-reimbursed water structure. Don't miss out on this rare find in Indy's most sought-after corridor!
Contact an agent
Home facts
- Year built:1910
- Listing ID #:22079735
- Added:4 day(s) ago
- Updated:January 20, 2026 at 11:40 PM
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1910
- Lot area:0.08 Acres
Finances and disclosures
- Price:$285,000
New listings near 1754 S Delaware Street
- New
$145,000Active2 beds 1 baths760 sq. ft.4544 N Longworth Avenue, Indianapolis, IN 46226
MLS# 22079013Listed by: EXP REALTY, LLC - New
$229,900Active3 beds 1 baths999 sq. ft.5216 Sunny Meade Lane, Indianapolis, IN 46208
MLS# 22080464Listed by: CANON REAL ESTATE SERVICES LLC - New
$168,500Active2 beds 1 baths866 sq. ft.2363 N Gale Street, Indianapolis, IN 46218
MLS# 22080532Listed by: F.C. TUCKER COMPANY - New
$145,000Active3 beds 1 baths1,016 sq. ft.918 N Olney Street, Indianapolis, IN 46201
MLS# 22080820Listed by: F.C. TUCKER COMPANY - New
$714,900Active4 beds 4 baths3,648 sq. ft.2455 Broadway Street, Indianapolis, IN 46205
MLS# 22080845Listed by: CENTURY 21 SCHEETZ - New
$247,700Active3 beds 2 baths1,470 sq. ft.6211 Glen Flint Court, Indianapolis, IN 46254
MLS# 22080852Listed by: RED BRIDGE REAL ESTATE - New
$234,900Active3 beds 2 baths1,985 sq. ft.3976 Marseille Road, Indianapolis, IN 46226
MLS# 22080855Listed by: RED BRIDGE REAL ESTATE - New
$465,000Active5 beds 3 baths2,790 sq. ft.4329 Sunset Avenue, Indianapolis, IN 46208
MLS# 22080530Listed by: INDY HOME SHOP LLC - New
$170,000Active3 beds 1 baths1,272 sq. ft.4708 Payton Avenue, Lawrence, IN 46226
MLS# 22078715Listed by: TRIPLE E REALTY, LLC - New
$257,900Active3 beds 3 baths1,267 sq. ft.506 Lawrence Avenue, Indianapolis, IN 46227
MLS# 22080804Listed by: REAL BROKER, LLC