1728 N Delaware Street, Indianapolis, IN 46202
- $949,900
- $999,999
- $949,900
- $999,999
Description
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.
Address
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Address: 1728 N Delaware Street
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City: Indianapolis
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State/county: IN
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Zip/Postal Code: 46202
Details
Updated on February 26, 2026 at 10:24 pm-
Property ID 22083456
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Price $949,900
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Land Area 0.14 Acres
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Garages 2
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Garage Size x x
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Year Built 1950
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Property Type Quadruplex, Residential Income
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Property Status Active
Additional details
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Roof Shingle
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Cooling Central Air,Heat Pump,Window Unit(s)
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Heating Forced Air,Natural Gas
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County Marion
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Property Type Residential Income
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Parking Detached
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Elementary School Washington Irving Neighborhood School
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High School Arsenal Technical High School
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Architectural Style Craftsman
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