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Listed price in listed location currency (USD).
$289,000

420

MLS® 22077789

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1092 sqft
Garage No
Taxes 
Days Active 0
Lot Size 0.12 acres
Approx. Age 1921
Avg. Price Per Sqft $264
MLS® Number 22077789

Property Address: 340 S Lasalle St, Indianapolis, IN, 46201-4315

Average square foot calculated using Size range provided by listing agent.

Description

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!
MLS® Number22077789
Laundry Level
Central VacNo
FireplaceNo
Acreage0.12
Exterior
GarageNo
Approx. Age1921
BasementUnfinished
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Rooms

Other:Main Floor12 × 12 ft
Bedroom 4:Main Floor8 × 9 ft
Bedroom 2:Main Floor9 × 10 ft
Kitchen:Main Floor8 × 6 ft
Living Room:Main Floor10 × 10 ft
Laundry:Main Floor6 × 6 ft
Bedroom 3:Main Floor9 × 10 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 26, 2025List Date
$289,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $154,000 and $357,000.
Similar properties in this area sold on average for: $154,928
Expected to sell in 31 days. Similar properties sold in 31 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
340 S Lasalle St, Indianapolis, IN

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