1653 S Delaware Street, Indianapolis, IN 46225

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1653 S Delaware Street,Indianapolis, IN 46225
$199,000
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  • 3 Beds
  • 3 Baths
  • 1,928 sq. ft.
  • Single family
  • Active
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22113486
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$199,000
  • Price per sq. ft.:$71.79

About this home

Excellent turnkey investment opportunity at 1653 S Delaware St now available! This tenant-occupied property offers immediate rental income and features 3 bedrooms, 3 full bathrooms, and nearly 2,000 square feet of thoughtfully updated living space. Tenant is on a long term lease, paying $1550/mo and they are responsible for all utilities and lawncare. Rebuilt down to the studs just a few years ago, the scope of work included a brand-new HVAC system, fresh interior paint, all appliances (including the washer and dryer), durable LVP flooring, a main-level bedroom and full bath, a beautifully updated kitchen with white shaker cabinets, quartz countertops, tile backsplash, and updated bathrooms with stone-topped vanities and custom-tiled showers. A rear oversized carport provides off-street parking for up to four vehicles, and with no HOA, owners have maximum flexibility. Next door, a brand new duplex is being build, further increasing the values and appeal of the area. Located in the...

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Home facts

  • Year built:1885
  • Subdivision & Development:Fennemans
  • Listing ID #:22113486
  • Added:102 day(s) ago
  • Updated:October 28, 2026 at 03:34 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Dining Description:Dining Combo/Kitchen
  • Kitchen Description:Dishwasher, Disposal, Electric Oven, Microwave, Refrigerator
  • Basement:Yes
  • Basement Description:Basement, Partial, Unfinished
  • Living area:1,928 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Electric, Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1885
  • Building area:1,928 sq. ft.
  • Lot area:0.07 Acres
  • Lot Features:Sidewalks
  • Construction Materials:Cement Siding
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$199,000
  • Price per sq. ft.:$71.79

Features and amenities

  • Appliances:Microwave, Refrigerator, Washer, Water Heater
  • Laundry features:Dryer, Washer

Parking

  • Parking description:Guest Street Parking
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