1728 N Delaware ST, Indianapolis, IN 46202
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1728 N Delaware ST, Indianapolis, IN 46202
1728 N Delaware ST, Indianapolis, IN 46202
1728 N Delaware ST, Indianapolis, IN 46202
1728 N Delaware ST, Indianapolis, IN 46202
Listed by James Gilday • eXp Realty, LLC

$810,000

Est. payment /mo

$849,990

4.7%
Est.Price: ?

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1728 N Delaware ST Indianapolis, IN 46202

6,098 Sqft Lot

SOLD DATE : 04/22/2026

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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