340 S Lasalle Street, Indianapolis, IN 46201
Local realty services provided by:CENTURY 21 Scheetz
340 S Lasalle Street,Indianapolis, IN 46201
$289,000
- 4 Beds
- 2 Baths
- 1,092 sq. ft.
- Single family
- Active
Listed by: jocelyn young, tracy young
Office: blk key realty
MLS#:22077789
Source:IN_MIBOR
Price summary
- Price:$289,000
- Price per sq. ft.:$132.33
About this home
Welcome to 340 S LaSalle St, Single Family with ADU unit in rear! A beautifully 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. Total Gross Monthly Rent: $3,400 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!
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Home facts
- Year built:1921
- Listing ID #:22077789
- Added:1 day(s) ago
- Updated:December 27, 2025 at 12:45 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,092 sq. ft.
Heating and cooling
- Cooling:Central Electric
Structure and exterior
- Year built:1921
- Building area:1,092 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public Water
Finances and disclosures
- Price:$289,000
- Price per sq. ft.:$132.33
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