1754 S Delaware Street, Indianapolis, IN 46225
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1754 S Delaware Street,Indianapolis, IN 46225
$285,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22079735
Source:IN_MIBOR
Price summary
- Price:$285,000
About this home
Maximize your portfolio with this turnkey duplex in the heart of Indianapolis' rapidly revitalizing Old Southside neighborhood. Located just south of Lucas Oil Stadium, 1754-1756 S Delaware St offers the perfect blend of modern infrastructure and a prime location. This area is a hotspot for investors and house hackers alike, surrounded by new builds and high-end remodels. You are minutes from Gainbridge Fieldhouse, the Convention Center, and major employers like Eli Lilly and Salesforce, making this an ideal location for long-term, mid-term, or short-term rental strategies. Each side-by-side unit features a mirror-image layout with 3 bedrooms and 2 full bathrooms. The interiors boast an open-concept flow with high ceilings, recessed lighting, and stackable in-unit laundry. The functional floor plan provides one bedroom and a full bath on the main level, with two additional bedrooms and a second full bath upstairs. Both units include unfinished basements for ample storage and private, fenced backyards. Completely remodeled within the last five years, the property features a newer roof, HVAC, electrical, plumbing, and stylish finishes throughout. Unit 1754 is tenant-occupied through 2/28/26 at $1,499/mo plus an $85 water fee and $25 pet fee. Unit 1756 is vacant and rent-ready. When fully occupied, this property is projected to exceed the coveted 1% rule, offering a low-overhead, high-performing asset with separate electric meters and a tenant-reimbursed water structure. Don't miss out on this rare find in Indy's most sought-after corridor!
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Home facts
- Year built:1910
- Listing ID #:22079735
- Added:27 day(s) ago
- Updated:February 12, 2026 at 09:28 PM
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1910
- Lot area:0.08 Acres
Finances and disclosures
- Price:$285,000
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