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  • $810,000

    1728 N Delaware St, Indianapolis, IN 46202

    2beds
    2baths
    --sqft
    Multi Family, Quadruplex
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,574 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,574/mo

    Zestimate® history
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    What's special

    Flexible layoutsComfortably accommodate multiple occupantsModern updates throughoutLaundry connections
    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.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    James Gilday 317-797-5062,

    eXp Realty, LLC

    Bought with:

    Angeline Edington

    CENTURY 21 Scheetz

    Source: MIBOR as distributed by MLS GRID,MLS#: 22083456MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Heat Pump, Window Unit(s)
    Appliances
    • Laundry: Connections All
    Features
    • Has basement: Yes

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Other, Balcony
    Lot
    • Size: 6,098 sqft
    Details
    • Parcel number: 490636158062000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Craftsman
    • Property subtype: Multi Family, Quadruplex
    Materials
    • Wood Siding, Brick
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1950

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Low Maintenance Lifestyle
    Location
    • Region: Indianapolis
    • Subdivision: Allen & Roots North

    Price history

    DateEventPrice
    4/22/2026Sold$810,000-4.7%
    Source: MIBOR as distributed by MLS GRID #22083456 Report a problem
    4/22/2026Listing removed$2,200
    Source: eXp Realty #22085058 Report a problem
    3/18/2026Pending sale$849,990
    Source: MIBOR as distributed by MLS GRID #22083456 Report a problem
    3/10/2026Price change$849,990-10.5%
    Source: MIBOR as distributed by MLS GRID #22083456 Report a problem
    3/1/2026Listed for rent$2,200
    Source: eXp Realty #22085058 Report a problem
    2/26/2026Price change$949,900-5%
    Source: MIBOR as distributed by MLS GRID #22083456 Report a problem
    2/13/2026Listed for sale$999,999-2.4%
    Source: MIBOR as distributed by MLS GRID #22083456 Report a problem
    1/1/2026Listing removed$1,025,000
    Source: MIBOR as distributed by MLS GRID #22037061 Report a problem
    7/17/2025Price change$1,025,000-2.4%
    Source: MIBOR as distributed by MLS GRID #22037061 Report a problem
    5/16/2025Listed for sale$1,050,000+50%
    Source: MIBOR as distributed by MLS GRID #22037061 Report a problem
    6/28/2022Sold$700,000+7.9%
    Source: MIBOR as distributed by MLS GRID #21852442 Report a problem
    5/3/2022Pending sale$649,000
    Source: MIBOR as distributed by MLS GRID #21852442 Report a problem
    4/30/2022Listed for sale$649,000+19.4%
    Source: MIBOR as distributed by MLS GRID #21852442 Report a problem
    10/11/2017Sold$543,547+1258.9%
    Source: Public Record Report a problem
    7/22/2011Sold$40,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,099 +104.1%$483,200 +3.3%
    2024$5,437 +24.1%$467,700 +104.1%
    2023$4,382 +12.4%$229,100 +23.5%
    2022$3,898 -5.1%$185,500 +9.9%
    2021$4,110 +1.9%$168,800 -4.8%
    2020$4,034 -0.5%$177,300 +3.9%
    2019$4,052 +15.9%$170,700 +0.4%
    2018$3,497 +4.5%$170,100 +3.3%
    2017$3,346 -5.6%$164,700 +5%
    2016$3,544 +2.1%$156,900 -2.3%
    2014$3,472 -6.7%$160,600 +0.1%
    2013$3,720 $160,500 +2.1%
    2012$3,720 $157,200 -23.6%
    2011-- $205,800
    2010$3,299 +13.6%$205,800 +16.8%
    2009$2,903 $176,200
    2007-- $176,200

    Find assessor info on the county website

    Neighborhood: Near Northside

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Washington Irving Neighborhood School
    • High: Arsenal Technical High School

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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