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.
Active
Price cut: $25K (7/17)
$1,025,000
1728 N Delaware St, Indianapolis, IN 46202
10beds
6baths
--sqft
Est.:
Multi Family, Quadruplex
Built in 1950
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 65 days
- on Zillow |
- 889 |
- 34 |
Zillow last checked: 7 hours ago
Listing updated: July 17, 2025 at 09:20am
Listing Provided by:
Cory Gardner 260-705-7325,
Gardner Property Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22037061

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
- Main level bathrooms: 10
Cooling
- Separate Meters
Appliances
- Laundry: Connections Some
Features
- Has basement: Yes
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
- Details: Unit Parking(On Street)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,098.4 Square Feet
- Features: Access, Sidewalks
Details
- Parcel number: 490636158062000101
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Multi Family, Quadruplex
Materials
- Wood Siding
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1950
Community & HOA
Community
- Security: Smoke Alarm
- Subdivision: Allen & Roots North
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $467,700
- Annual tax amount: $4,382
- Date on market: 5/16/2025
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