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$999,999 -

1728 N Delaware Street Indianapolis IN 46202

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.14
Acres

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.

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Property Details

Price: $999,999 Previously: $999,999 Originally: $999,999 Bathrooms: 0.00 MLS #: 22083456 Year Built: 1950 Township: Center Type: Residential Income Zip Code: 46202 City: Indianapolis Subdivision: Allen & Roots North County: Marion School District: Indianapolis Public Schools High School: Arsenal Technical High School Elementary School: Washington Irving Neighborhood School

Interior Features

Interior Features:
  • Cooling: Central Air, Heat Pump, Window Unit(s)
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • Features: Other, Balcony
  • # Acres: 0.14

Listing Office: Exp Realty, Llc

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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 February 15th, 2026 at 9:28pm EST.

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