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$189,000
13 Days On Site

1657 S Delaware Street
Indianapolis, IN 46225

For Sale|Duplex|Pending
0
Beds
0
Total Baths
1967
Built
Subdivision:
Fennemans
County:
Marion
Listing courtesy of Keller Williams Indpls Metro N 3174509202

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1657 S Delaware Street1657 S Delaware Street1657 S Delaware Street1657 S Delaware Street
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Welcome to 1657-1659 S Delaware St, a fully equipped duplex located in the rapidly revitalizing Old Southside neighborhood-just minutes from downtown Indianapolis and within walking distance to Lucas Oil Stadium. Surrounded by new development and investment, this area is a hotspot for short-term, mid-term, and long-term rental strategies, making it a strong choice for both investors and owner-occupants alike. Each unit offers 2 bedrooms, 1 bathroom, and 636 sq ft of well-laid-out living space. One unit is currently rented at $800/month with a lease in place through 9/30/25, and the other unit is vacant, recently turned, and move-in or rent ready. For savvy investors, there's opportunity to significantly boost ROI by converting the occupied unit to Section 8, where 2-bedroom voucher rates are much higher. The property is professionally managed by the Wilmoth Group and includes stackable washer/dryers and full kitchen appliance packages in both units-all of which are included in the sale. All utilities are separately metered and paid by the tenants. Whether you're looking to live in one side and rent the other, or expand your portfolio with a cash-flowing asset in a growth corridor, this turnkey duplex checks all the boxes. Don't miss your chance-schedule a showing today!

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Listing Snapshot
Price 
$189,000
Days On Site 
13 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.07 Acres
Year Built 
1967
MLS® Number 
22020882
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 days agoStatus changed to Pending
4 days agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.07
Foundation 
Block
Parking 
Alley AccessUnpaved
Property Sub Type 
Duplex
Security 
Smoke Detector(s)
Stories 
One
Style 
Ranch
Zoning 
residential
Interior Features
Heating 
Forced Air
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Exterior Features
Construction Details 
Vinyl Siding
Community Features
MLS Area 
4910 - Marion - Center
School District 
Indianapolis Public Schools
Township 
Center
Schools
School District
Indianapolis Public Schools
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Indpls Metro N 3174509202



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2025-07-01 07:29 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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