1728 N Delaware Street
Indianapolis, IN 46202
- – beds
- – baths
- – sqft
- 6,200 sqft lot
- 1950 build
This STR portfolio is comprised of four properties totaling 16 rentable units. This is a quadplex with four units. Current ownership has demonstrated strong short-term income potential. Near downtown locations and boutique finishes drive high occupancy and opportunities for increased revenue with a combination of STR and MTR. Conversion to townhomes/condos or LTR as well as development of included green space to add units offer multiple investment strategies.
Last checked:
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Last updated May 16, 2025
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MLS# 22037061 —
The Building
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Year Built:1950
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New Construction:false
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Construction Materials:Wood
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Architectural Style:Craftsman
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Levels:Two
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Basement:true
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Foundation Details:Brick
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Security Features:Smoke Alarm
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Green Certification:No
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Gross Area SqFt:4930
Interior
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Laundry Features:Connections Some
Location
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Directions:GPS Friendly
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Latitude:39.79091
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Longitude:-86.154052
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Fourplex
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Property Attached:false
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Parcel Number:490636158062000101
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Acres:<1/4 Acre
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Lot Features:Access, Sidewalks
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Lot Size Acres:0.14
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Lot Size SqFt:6,200 Sqft
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Price Per Acre:7500000
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Structure Type:Quadruplex
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Current Use:Apt<20, Residential
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Road Access:Not Applic
Listing Agent
- Contact info:
- Agent phone:
- (260) 705-7325
- Office phone:
- (317) 804-1795
Taxes
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Tax Lot:490636158062000101
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Tax Year:2024
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Semi Annual Property Tax Amt:2191
Heating & Cooling
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Cooling:Separate Meters
Utilities
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Solid Waste:Yes
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Allen & Roots North
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Amenities:HWHs in basement, attic access via Unit C
Parking
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Parking:On Street
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Parking Features:Detached
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Garage Spaces:2
Extra Units
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/16/25
May 16, 2025
|
Listed / Active | MIBOR | $1,050,000 | 50.0% (17.3% / YR) |
|
6/28/22
Jun 28, 2022
|
MIBOR | $700,000 | 7.9% | |
|
5/3/22
May 3, 2022
|
MIBOR | $649,000 |
