Description

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 2/28/26 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! No seller financing and/or creative offer structures.