1653 S Delaware ST, Indianapolis, IN 46225
1653 S Delaware ST, Indianapolis, IN 46225
1653 S Delaware ST, Indianapolis, IN 46225
1653 S Delaware ST, Indianapolis, IN 46225
1653 S Delaware ST, Indianapolis, IN 46225
1653 S Delaware ST, Indianapolis, IN 46225
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jason Terry

Jason Terry

+1(317) 678-7667
Listed by Peter Stewart • Keller Williams Indpls Metro N
$ 234,900
Est. payment | /mo

3 Beds

3 Baths

2,772 SqFt

Save
$ 234,900
Est. payment | /mo
Save

3 Beds

3 Baths

2,772 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,772 sqft

Price per Sqft $84

Subdivision Fennemans

MLS Listing ID 22113486

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 1885

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Single Family Residence

Property Description

Excellent turnkey investment opportunity at 1653 S Delaware St now available! This tenant-occupied property offers immediate rental income and features 3 bedrooms, 3 full bathrooms, and nearly 2,000 square feet of thoughtfully updated living space. Tenant is on a long term lease, paying $1550/mo and they are responsible for all utilities and lawncare. Rebuilt down to the studs just a few years ago, the scope of work included a brand-new HVAC system, fresh interior paint, all appliances (including the washer and dryer), durable LVP flooring, a main-level bedroom and full bath, a beautifully updated kitchen with white shaker cabinets, quartz countertops, tile backsplash, and updated bathrooms with stone-topped vanities and custom-tiled showers. A rear oversized carport provides off-street parking for up to four vehicles, and with no HOA, owners have maximum flexibility. Next door, a brand new duplex is being build, further increasing the values and appeal of the area. Located in the rapidly revitalizing Old Southside, just minutes from downtown Indianapolis, Lucas Oil Stadium, Fountain Square, and major employers including Eli Lilly, the neighborhood continues to benefit from significant redevelopment, strong rental demand, and long-term appreciation potential, making this an outstanding addition to any investment portfolio.

Location

State IN

County Marion

Rooms

Basement Partial, Unfinished

Main Level Bedrooms 1

Kitchen Kitchen Galley, Kitchen Updated

Interior

Heating Forced Air, Electric

Cooling Central Air

Fireplace Y

Appliance Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Water Heater

Exterior

View Y/N false

Water Access Desc Public

Building

Story Two

Foundation Concrete Perimeter

Water Public

Architectural Style Traditional

Structure Type Cement Siding

New Construction false

Schools

School District Indianapolis Public Schools

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

Nearby Locations

Jason Terry

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(317) 678-7667

jason@bespoque.properties

760 S Rangeline Rd, Carmel, IN, 46032-3035, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Jason Terry, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1653 S Delaware ST