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$285,000 -

1754 S Delaware Street Indianapolis IN 46225

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.08
Acres

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!

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Property Details

Price: $285,000 Previously: $285,000 Originally: $285,000 Bathrooms: 0.00 MLS #: 22079735 Year Built: 1910 Township: Center Type: Residential Income Zip Code: 46225 City: Indianapolis Subdivision: No Subdivision County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Cooling: Central Air
  • Heating: Forced Air

Exterior Features

Exterior Features:
  • # Acres: 0.08

Listing Office: Keller Williams Indpls Metro N

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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. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on January 16th, 2026 at 3:15pm EST.

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