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$34,000 -

1649 S Delaware Street Indianapolis IN 46225

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.07
Acres

Incredible opportunity to build in the heart of the rapidly revitalizing Old Southside neighborhood! Located at 1649 S Delaware St, this flat, grassy .07-acre lot offers both road frontage and rear alley access, making it an ideal setup for new construction. Whether you're an investor seeking your next development play or a future homeowner looking to build your dream house, this location delivers. Surrounded by new builds and beautifully renovated homes, this area sits just south of downtown Indianapolis and has become a hot spot for a variety of investment strategies-including build-and-sell flips, or short, mid, and long-term rentals. The lot's prime proximity to downtown makes it especially appealing for furnished mid-term or short-term rental use. Owner-occupants will love the chance to build a custom home in a walkable, growing neighborhood. Plus, the home directly to the south is also for sale (1653 S Delaware - different owner), presenting a unique opportunity to combine both parcels-ideal for a large yard, second build, or side-by-side rentals. Don't miss your chance to be part of the continued growth in one of Indy's most promising urban neighborhoods. Drive by today and imagine the possibilities!

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Property Details

Price: $34,000 Previously: $34,000 Originally: $34,000 Bathrooms: 0.00 MLS #: 22037053 Township: Center Type: Land Zip Code: 46225 City: Indianapolis Subdivision: Fennemans County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:

Exterior Features

Exterior Features:
  • Setting / Lot Description: City Lot, Sidewalks
  • # Acres: 0.07
  • Sewer: Municipal Sewer Near

Listing Office: Keller Williams Indpls Metro N

Office Contact: peter@peterstewartrealty.com

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on May 13th, 2025 at 2:10pm EDT.

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