$810,000
$849,990
4.7%For more information regarding the value of a property, please contact us for a free consultation.
1728 N Delaware ST Indianapolis, IN 46202
6,098 Sqft Lot
Key Details
Sold Price $810,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Allen & Roots North
MLS Listing ID 22083456
Sold Date 04/22/26
Year Built 1950
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Quadruplex
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.
Location
State IN
County Marion
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Heat Pump, Window Unit(s)
Fireplace N
Exterior
Exterior Feature Other, Balcony
Garage Spaces 2.0
Roof Type Shingle
Building
Story Two
Architectural Style Craftsman
Structure Type Wood Siding,Brick
New Construction false
Schools
Elementary Schools Washington Irving Neighborhood School
High Schools Arsenal Technical High School
School District Indianapolis Public Schools
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© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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