1649 S Delaware Street, Indianapolis, IN 46225

Building Details

Year built

2026

Floors in Building

2

Number of units

2

Listing agent Edward Neu License #RB14039123 Show Phone

Listing office Neu Real Estate Group e***@gmail.com E 75th St Ste 100 6330, McCordsville, IN Show Phone

Listing date Jan 15, 2026

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MLS# 22077778 Listing URL

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This turnkey new construction duplex is offered as a two-unit residential income property, with each unit featuring a 2-bedroom, 2-bath layout. The offering is positioned for straightforward operations, supported by modern, recently built construction referenced in the remarks. The property sits on a 0.07-acre lot and is presented as a complete, ready-to-manage investment.

Located at 1649 S Delaware Street in Indianapolis (Marion County), the duplex is described as being in the Near Southside area, a neighborhood positioned just south of Downtown Indianapolis. The remarks note a revitalizing corridor for residential and mixed-use development, with ongoing neighborhood character and redevelopment activity.

Based on the provided rent projection, the duplex is expected to generate $1,680 in projected monthly rent from the two 2-bedroom, 2-bath units, for a gross monthly total of $3,360 for both units combined. This configuration can appeal to owner-operators and investors seeking a new-build duplex structure with consistent unit mix, along with the practical advantage of having a clearly defined two-unit layout in place for tenant occupancy.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Indianapolis

County

Hamilton

State

Indiana

Longitude

-86.154933

Latitude

39.744865

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FAQs

What type of property is this?

Duplex - Recently built two-unit duplex with two 2-bedroom, 2-bath layouts per unit.

Where is this duplex located?

The property is located at 1649 S Delaware Street Indianapolis, IN.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Under construction duplex, projected for 2026 completion (YearBuilt: 2026).; 2 units total, each with a 2 bed/2 bath layout (2x2 per unit).; Projected monthly rent of $1,680 per unit, or $3,360 total gross monthly rent for both units.