1728 N Delaware Street, IN 46202

$810,000

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Sold Price
$810,000
List Price
$849,990
Status
SOLD
Days on Market
68
Closing Date
Apr 22, 2026
MLS#
22083456
Subtype
Residential Income
Year Built
1950
Acres
0.14
Subdivision
Allen & Roots North
MLS Area Major
Center

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

Exterior Features
Other, Balcony
Taxes
$5,549
Air Conditioning
Central Air, Heat Pump, Window Unit(s)
Stories
Two
Garage Spaces
2

Listing courtesy of James Gilday. eXp Realty, LLC

Selling Office: CENTURY 21 Scheetz.

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.