$1,050,000
For Sale

1728 N Delaware Street

Indianapolis, IN 46202
Listing OfficeGardner Property Group
Browse 23 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

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.

  • Property Details
      • School DistrictIndianapolis Public Schools
      • SubdivisionAllen & Roots North
      • Lot DescriptionAccess, Sidewalks
      • Property TypeMulti-Family
      • Original List Price$1,050,000
      • Structure TypeQuadruplex
      • MLS #22037061
      • Property SubtypeFourplex
      • MLS #22037061
      • Cost1050000
      • CountyMarion
      • FoundationBrick
      • Acres0.14
      • Year Built1950
      • Parking Spaces2

Location

Hilary CasstevensReal Estate Group
OR

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6.0%

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2.6%
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