Pending59d on market
1728 N Delaware St
Indianapolis, IN, 46202 • Near Northside • Marion County
$849,990
-$99,910 since Mar 10, 2026
Down payment assistance available
2Beds
2Baths
0.14 acLot
1950Built
Property DNA
Craftsman Style
Built 1950 · 76 years of history
Allen & Roots North
Near Northside
This home is getting attention
Listed 59 days ago · 148 views · 3 saves
Market activity
Demand and pricing signals for this listing
148 views
People checking out this listing
3 saves
Buyers have saved this home
59 days on market
Established listing
Selling Soon Prediction
ModerateThis home ranks in the top 33% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1950
Exceptional investment opportunity with this fully operational quadplex ideally positioned near downtown. This four-unit multifamily property has demonstrated strong short-term income performance under current ownership, offering both immediate cash flow and long-term appreciation potential. Located just moments from vibrant entertainment, popular dining destinations, and boutique retail, the property benefits from a highly desirable setting that consistently drives strong occupancy and rental demand. Easy access to major city streets and nearby highways makes this an attractive option for students, young professionals, and commuters alike. Each of the four units features its own private entrance, laundry connections, and modern updates throughout. Thoughtful improvements enhance functionality and appeal, while flexible layouts allow each unit to comfortably accommodate multiple occupants-maximizing rental potential. Whether you're expanding your portfolio or entering the multifamily space, this income-producing asset offers location, versatility, and proven performance in one of the city's most accessible corridors.
Standout features identified
Our analysis highlights flexible layouts, comfortably accommodate multiple occupants, and modern updates throughout as key attractions of this home.
Estimated monthly payment
Based on current rates
$5,544/month
Principal & Interest$4,410
Property Tax$850
Insurance$283
Down payment20% ($169,998)
3%50%
Est. 6.75% rate · 30yr fixed · $679,992 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family, Quadruplex
Year Built1950
HeatingForced Air, Natural Gas
CoolingCentral Air, Heat Pump, Window Unit(s)
Parking2 Covered Parking spaces
Days on Zillow59 Days
Property
Home typeMulti Family
Sub-typeMulti Family, Quadruplex
StyleCraftsman
ConditionUpdated/Remodeled
Year built1950
Stories2
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air, Heat Pump, Window Unit(s)
RoofShingle
ConstructionWood Siding, Brick
Parking & Outdoor
ParkingDetached
Garage2 spaces
Lot6,098 sqft
Location & Tax
NeighborhoodNear Northside
Annual tax$11,098
Parcel490636158062000101
Features & details
8 categories of property features
Interior Features
Heating
Forced Air
Natural Gas
Cooling
Central Air
Heat Pump
Window Unit(s)
Laundry
Connections All
Exterior Features
Exterior
Other
Balcony
Parking
Detached
Construction
Wood Siding
Brick
Community
Low Maintenance Lifestyle
Security
Smoke Detector(s)
Listing insights
Market data and value estimates
StatusPending
Days on market59
Tax rate0.96%
On marketFeb 13, 2026
PostedFeb 13, 2026
Last sold$700,000
MLS statusPending
MLS updatedMar 18, 2026
Tour days6
Views148
Favorites3
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46202
Price history
13 events
DateEventPrice$/sqftSource
Mar 18, 2026Pending Sale$849,990—MIBOR as distributed by MLS GRID
Mar 10, 2026Price Change$849,990—MIBOR as distributed by MLS GRID
Mar 1, 2026Listed For Rent$2,200—eXp Realty
Feb 26, 2026Price Change$949,900—MIBOR as distributed by MLS GRID
Feb 13, 2026Listed For Sale$999,999—MIBOR as distributed by MLS GRID
Jan 1, 2026Listing Removed$1,025,000—MIBOR as distributed by MLS GRID
Jul 17, 2025Price Change$1,025,000—MIBOR as distributed by MLS GRID
May 16, 2025Listed For Sale$1,050,000—MIBOR as distributed by MLS GRID
Jun 28, 2022Sold$700,000—MIBOR as distributed by MLS GRID
May 3, 2022Pending Sale$649,000—MIBOR as distributed by MLS GRID
Apr 30, 2022Listed For Sale$649,000—MIBOR as distributed by MLS GRID
Oct 11, 2017Sold$543,547—Public Record
Jul 22, 2011Sold$40,000—Public Record
Pending Sale$849,990
Mar 18, 2026•MIBOR as distributed by MLS GRID
Price Change$849,990
Mar 10, 2026•MIBOR as distributed by MLS GRID
Listed For Rent$2,200
Mar 1, 2026•eXp Realty
Price Change$949,900
Feb 26, 2026•MIBOR as distributed by MLS GRID
Listed For Sale$999,999
Feb 13, 2026•MIBOR as distributed by MLS GRID
Listing Removed$1,025,000
Jan 1, 2026•MIBOR as distributed by MLS GRID
Price Change$1,025,000
Jul 17, 2025•MIBOR as distributed by MLS GRID
Listed For Sale$1,050,000
May 16, 2025•MIBOR as distributed by MLS GRID
Sold$700,000
Jun 28, 2022•MIBOR as distributed by MLS GRID
Pending Sale$649,000
May 3, 2022•MIBOR as distributed by MLS GRID
Listed For Sale$649,000
Apr 30, 2022•MIBOR as distributed by MLS GRID
Sold$543,547
Oct 11, 2017•Public Record
Sold$40,000
Jul 22, 2011•Public Record
Tax history
16 years of records
YearTax paidAssessed value
Apr 14, 2024$5,437$467,700
Apr 14, 2023$4,382$229,100
Apr 14, 2022$3,898$185,500
Apr 14, 2021$4,110$168,800
Apr 14, 2020$4,034$177,300
Apr 14, 2019$4,052$170,700
Apr 14, 2018$3,497$170,100
Apr 14, 2017$3,346$164,700
Apr 14, 2016$3,544$156,900
Apr 14, 2014$3,472$160,600
Apr 14, 2013$3,720$160,500
Apr 14, 2012$3,720$157,200
Apr 14, 2011—$205,800
Apr 14, 2010$3,299$205,800
Apr 14, 2009$2,903$176,200
Apr 14, 2007—$176,200
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-14 10:47:57 PDT. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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