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Listed by Edward Neu • Neu Real Estate Group
$ 350,000
Est. payment /mo
New
1649 S Delaware ST Indianapolis, IN 46225
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22077778
Year Built 2026
Tax Year 2024
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Duplex
Property Description
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.
Location
State IN
County Marion
Interior
Fireplace N
Exterior
View Y/N false
Building
Story Two
New Construction true
Schools
High Schools Arsenal Technical High School
School District Indianapolis Public Schools
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