About This Home

This land at 985 N Delaware Street in Indianapolis, IN is listed for $549,000 (0.24 acres).

Key Features

  • 0.24 acre lot
Listing Description

Creative seller! Bring an offer! Prime development opportunity in the heart of Downtown Indianapolis! 985 N Delaware St offers a rare chance to acquire a vacant CBD-2 zoned lot in the sought-after St. Joseph neighborhood-just steps from Mass Ave, the Cultural Trail, restaurants, parks, and downtown employment centers.

CBD-2 zoning allows for high-density residential, mixed-use, retail, office, hotel, or multi-story development (buyer to verify). With alley access and excellent walkability, this site is ideal for boutique multifamily, townhomes, professional offices, or a mixed-use project. A perfect opportunity for builders, developers, or investors looking to capitalize on a rapidly growing urban corridor.

Location

985 N Delaware Street

Indianapolis, IN 46202

Sorins

Questions & Answers

This 0-bedroom, 0-bathroom land at 985 N Delaware Street is listed at $549,000. The estimated monthly payment is $2,936 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.24 acre lot.

This property is listed by Kate Tuttle.

KT

Kate Tuttle

Agent at Plat Collective

Listed by Plat Collective · Broker phone: (317) 489-3441 · View on Broker Site

MLS# 22073736· Source: Broker Listing Cooperative®· 343 days on PropertySimple

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

985 N Delaware Street, Indianapolis, IN 46202

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