1728 N Delaware Street, Indianapolis, IN 46202
- $810,000
- Sold Price
- $810,000
- List Price
- $849,990
- Closing Date
- Apr 22, 2026
- MLS#
- 22083456
- Days on Market
- 68
- Status
- SOLD
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.
Additional Information
- Expenses
- 81288
- Tenant Pays
- Rent Only, Other
- Owner Pays
- All Utilities, Taxes, Sewer, Trash Collection, Water, Other
- Stories
- Two
- Architecture
- Craftsman
- Exterior Amenities
- Other, Balcony
- Acres
- 0.14
- Heat
- Forced Air, Natural Gas
- Cooling
- Central Air, Heat Pump, Window Unit(s)
- Region
- Center
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Listing courtesy of eXp Realty, LLC. Selling Office: CENTURY 21 Scheetz.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative