• Property Type
  • Single Family Residence, Residential
  • 5
  • Bedrooms
  • 3
  • Bathrooms
  • 2184 Sqft
  • Area Size
340 S Lasalle Street, Indianapolis, IN 46201
  • $289,000
  • $289,000

Description

Calling All Investors!! Gross Rent $3400 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 is currently occupied by a Section 8 tenant on a 1-year lease at $2,250 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!

  • Address: 340 S Lasalle Street
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46201

Details

Updated on January 7, 2026 at 10:15 pm
  • Property ID 22077789
  • Price $289,000
  • Property Size 2184 Sqft
  • Land Area 0.12 Acres
  • Bedrooms 5
  • Rooms 9
  • Bathrooms 3
  • Garage Size x x
  • Year Built 1921
  • Property Type Single Family Residence, Residential
  • Property Status Expired

Additional details

  • Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
  • Cooling Central Air
  • Heating Natural Gas
  • County Marion
  • Property Type Residential
  • Parking Detached
  • Architectural Style Bungalow

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Contact Information

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Preeti Chaggar

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