Key facts
- Lot
- 0.24 acres
- Type
- Land · Residential Lots
- MLS #
- 22073736
- County
- Marion
- Subdivision
- Sorins
About this home
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.
Description provided by the listing brokerage.
Exterior
- Other structures
Systems
- Sewer
Lot and HOA
- Lot features
- Zoning
- CBD2 RC
Schools
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $3,246 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2024
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
Talk to a lender we trust- Listing Office:
- @properties
- Listing Office Phone:
- 317-489-3441
