40 N Lasalle Street, Indianapolis, IN 46201
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
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 $2,100 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:43 day(s) ago
- Updated:November 08, 2026 at 04:20 PM
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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