Indianapolis, IN 46201,340 S Lasalle ST
Indianapolis, IN 46201,340 S Lasalle ST
Indianapolis, IN 46201,340 S Lasalle ST
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Listed by Jocelyn Young • BLK Key Realty
$274,999
Est. payment /mo
5,227 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Crestview

MLS Listing ID 22078577

Year Built 1921

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Duplex

Property Description

Calling All Investors!! Gross Rent $3146 Welcome to 340 S LaSalle St, with ADU unit in rear! A newly renovated and cash-flowing investment opportunity offering 2 fully updated units with strong Section 8 income already in place. The main residence features 4 spacious bedrooms and 2 full bathrooms, including a primary suite with a private on suite bath. This home has been completely renovated from top to bottom with quality finishes throughout. Recent upgrades include a new roof, new flooring, and a modernized kitchen with updated cabinetry, countertops, and fixtures. Additional highlights include a separate laundry room, generous living space, and thoughtful layout ideal for comfortable everyday living. The main home will be occupied by a Section 8 tenant on a 1-year lease at $2,046 per month, providing immediate, reliable income. Adding even more value is the separate 1-bedroom accessory dwelling unit (ADU) located at the rear of the property. This unit has been fully renovated and is also Section 8 occupied, generating $1,150 per month. This property is perfect for investors seeking a turnkey, low-maintenance asset with stable government-backed rental income and recent capital improvements already completed. Whether you're expanding your portfolio or securing your first multi-unit investment, this property delivers both cash flow and peace of mind. Don't miss this outstanding opportunity-schedule your private showing today!

Location

State IN

County Marion

Interior

Fireplace N

Building

New Construction false

Schools

School District Indianapolis Public Schools


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MIBOR MLS

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 8

    Paramount School of Excellence

    Public | KG - 8

  • 6

    Center For Inquiry School 2

    Public | KG - 8

  • 5

    Christel House Academy South

    Public | KG - 12

  • 5

    Indpls Lighthouse Charter School

    Public | KG - 12

  • 4

    Theodore Potter School 74

    Public | KG - 6

  • 4

    Frederick Douglass School 19

    Public | PK - 8

  • 4

    Central Elementary School

    Public | 2 - 3

  • 3

    William Mckinley School 39

    Public | PK - 6

  • 3

    Christian Park School 82

    Public | KG - 6

  • 3

    George W Julian School 57

    Public | KG - 6

  • 2

    James a Garfield School 31

    Public | KG - 8

  • 2

    Thomas D. Gregg Elementary School 15

    Public | PK - 6

  • 2

    Anna Brochhausen School 88

    Public | PK - 6

  • 1

    Se Neighborhood School of Excellence

    Public | KG - 7

  • 1

    Washington Irving School 14

    Public | PK - 6

  • 1

    Francis Parker Montessori School 56

    Public | PK - 8

  • 1

    Eleanor Skillen School 34

    Public | KG - 6

  • 1

    Brookside School 54

    Public | KG - 6

  • 1

    James Russell Lowell School 51

    Public | PK - 6

  • 1

    Ralph Waldo Emerson School 58

    Public | KG - 6

Middle Schools 5
  • 4

    Beech Grove Middle School

    Public | 7 - 8

  • 1

    H L Harshman Middle School

    Public | 7 - 8

  • 0

    Longfellow Magnet Middle School

    Public | 7 - 8

  • 0

    Emma Donnan Middle School

    Public | 7 - 8

  • 0

    Thomas Carr Howe Community High School

    Public | 7 - 12

High Schools 4
  • 1

    Arsenal Technical High School

    Public | 9 - 12

  • 0

    Emmerich Manual High School

    Public | 9 - 12

  • 0

    Christel House Dors South

    Public | 9 - 12

  • 0

    Scecina Memorial High School

    Private | 9 - 12

School and business data provided by Attom Data.

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Jake Stiles, CLHMS

Jake Stiles, CLHMS

+1(317) 201-4092

Broker | RB14032222

Broker RB14032222

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340 S Lasalle ST