1649 S Delaware Street, Indianapolis, IN 46225
Local realty services provided by:CENTURY 21 Scheetz
1649 S Delaware Street,Indianapolis, IN 46225
$350,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: edward neu
Office: neu real estate group
MLS#:22077778
Source:IN_MIBOR
Price summary
- Price:$350,000
About this home
Turnkey New Construction Duplex! Strong Cash Flow & Upside Unit Mix: 2 bed/2 bath per unit x2 Units! Projected Monthly Rent: $1,680 (2x2) / $3,360 Gross Monthly Total Units: 2 Step into this new construction duplex in the revitalizing near southside neighborhood, one of Indianapolis' fastest growing corridors for residential and mixed-use development. This turnkey asset is designed for strong cash flow, long-term appreciation, and excellent tax advantages. Near Southside is a historic and evolving neighborhood located just south of Downtown Indianapolis. With strong community character, ongoing revitalization, and excellent proximity to the city core. It has become an increasingly attractive area for both residents and investors. Strong tenant demand driven by workforce housing, student housing, and new amenities. Consistent rent growth projected with stable operating expenses. Why Invest Here? This duplex offers investors: 1. New construction peace of mind - minimal maintenance, modern finishes. 2. Attractive returns in a market with limited new build inventory. 3. Generous depreciation & tax benefits to offset income. 4. A prime position in a neighborhood with rising property values and planned redevelopment. Reach out to our Investment team - 7655252161.
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Home facts
- Year built:2026
- Listing ID #:22077778
- Added:1 day(s) ago
- Updated:January 15, 2026 at 06:38 PM
Structure and exterior
- Year built:2026
- Lot area:0.07 Acres
Schools
- High school:Arsenal Technical High School
Finances and disclosures
- Price:$350,000
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