40 N Lasalle Street, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
40 N Lasalle Street,Indianapolis, IN 46201
$180,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: thano genos, alex montagano
Office: exp realty llc.
MLS#:22127761
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$180,000

About this home

An existing tenant, a refreshed second unit and projected rental income above the 1% benchmark! This Near Eastside duplex offers two bedrooms and one bathroom per side. Unit 40 is currently rented, while Unit 42-the right side-is vacant with a prospective tenant being screened. Recent improvements to Unit 42 include paint, light fixtures and flooring, giving the space a fresh look for its next occupant. Interior photos feature Unit 42. Nearby IndyGo Route 8 stops at Washington and LaSalle add public transportation convenience, with Willard Park, Kan-Kan Cinema & Bar, and the dining and entertainment of nearby restaurants. At a $180,000 asking price, projected combined gross rent of approximately $2,150 per month exceeds the 1% benchmark before expenses. An opportunity to expand your rental portfolio with one tenancy in place and recent updates to the second unit.

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Home facts

  • Year built:1920
  • Subdivision & Development:No Subdivision
  • Listing ID #:22127761
  • Added:1 day(s) ago
  • Updated:September 27, 2026 at 01:41 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Structure and exterior

  • Roof:Shingle
  • Year built:1920
  • Lot area:0.1 Acres

Finances and disclosures

  • Price:$180,000
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