# 985 N Delaware Street, Indianapolis, IN 46202

> **TL;DR:** land, $549,000. Est. $2,936/mo. Listed 345 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $549,000 |
| Lot Size | 10,454 sqft (0.24 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 345 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,776 |
| Estimated Insurance | $160 |
| **Total** | **$2,936** |

## Property Highlights

- 0.24 acre lot

## Description

### Agent 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

- **Address:** 985 N Delaware Street, Indianapolis, IN 46202
- **County:** Marion
- **Neighborhood:** Sorins
- **Coordinates:** 39.780888, -86.153649
- **Google Maps:** https://www.google.com/maps?q=39.780888,-86.153649

## Listing Agent

- **Name:** Kate Tuttle
- **Brokerage:** Plat Collective
- **Broker Phone:** (317) 489-3441
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/35-Leota-St-Lot-35_Indianapolis_IN_46202_M39066-41654?f=listhub&s=MIBORIN&m=22073736&c=propsimple)

## Photos

![985 N Delaware Street - Photo 1](http://lh.rdcpix.com/b2683cd3216ff0575461b271a0387eb7l-f226361447r.jpg)

![985 N Delaware Street - Photo 2](http://lh.rdcpix.com/b2683cd3216ff0575461b271a0387eb7l-f2421717113r.jpg)

![985 N Delaware Street - Photo 3](http://lh.rdcpix.com/b2683cd3216ff0575461b271a0387eb7l-f2916577225r.jpg)

![985 N Delaware Street - Photo 4](http://lh.rdcpix.com/b2683cd3216ff0575461b271a0387eb7l-f2799712765r.jpg)

![985 N Delaware Street - Photo 5](http://lh.rdcpix.com/b2683cd3216ff0575461b271a0387eb7l-f1538940557r.jpg)

![985 N Delaware Street - Photo 6](http://lh.rdcpix.com/b2683cd3216ff0575461b271a0387eb7l-f2621204846r.jpg)

![985 N Delaware Street - Photo 7](http://lh.rdcpix.com/b2683cd3216ff0575461b271a0387eb7l-f2570204277r.jpg)

![985 N Delaware Street - Photo 8](http://lh.rdcpix.com/b2683cd3216ff0575461b271a0387eb7l-f1285828814r.jpg)

![985 N Delaware Street - Photo 9](http://lh.rdcpix.com/b2683cd3216ff0575461b271a0387eb7l-f684612726r.jpg)

![985 N Delaware Street - Photo 10](http://lh.rdcpix.com/b2683cd3216ff0575461b271a0387eb7l-f1719636113r.jpg)

---

**MLS#:** 22073736 | **Updated:** 2026-10-20
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/985-n-delaware-street-indianapolis-in-46202-6239adf588914acea27c8d12cd1929fa)

---

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