340 S Lasalle Street, Indianapolis, IN 46201
Local realty services provided by:CENTURY 21 Scheetz
340 S Lasalle Street,Indianapolis, IN 46201
$269,999
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jocelyn young, tracy young
Office: blk key realty
MLS#:22078577
Source:IN_MIBOR
Price summary
- Price:$269,999
About this home
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!
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Home facts
- Year built:1921
- Listing ID #:22078577
- Added:50 day(s) ago
- Updated:February 26, 2026 at 08:28 PM
Rooms and interior
- Basement:Yes
- Basement Description:Basement
Structure and exterior
- Year built:1921
- Lot area:0.12 Acres
Finances and disclosures
- Price:$269,999
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