$999,999

1728 N Delaware Street, Indianapolis, IN 46202

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 days ago

Property 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.

Listing Status:
Active
Data Last Updated:
February 16, 2026 at 6:20AM
Listing Office:
eXp Realty, LLC : 317-797-5062
Listing Agent:
James Gilday : 317-797-5062
MLS ID:
22083456
  • Laundry: Connections All
  • A/C: Central AirHeat PumpWindow Unit(s)
  • Heating: Forced AirNatural Gas
  • General: OtherBalcony
  • Style: Craftsman
  • Parking: Detached
  • Roofing: Shingle
  • General: Two
  • Originating MLS: mibor
  • School District: Indianapolis Public Schools
  • County: Marion
  • Zoning: Allen & Roots North Add L22490636158062000101
  • Current Use: Residential
  • Source: mibor

This listing courtesy of James Gilday , eXp Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Center For Inquiry School 27

545 E 19th St, Indianapolis, IN, 46202

Grades PK-8

0.34 miles away

C

Center For Inquiry School 27

545 E 19th St, Indianapolis, IN, 46202

Grades PK-8

0.34 miles away

A

Arsenal Technical High School

1500 E Michigan St, Indianapolis, IN, 46201

Grades 9-12

1.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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