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40 N Lasalle Street Indianapolis, IN $ 180,000
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$ 180,000 Get more info
40 N Lasalle Street
$ 180,000
Back to search
Share Save

40 N Lasalle Street

Indianapolis, IN, 46201
$ 180,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 1,243

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Multi-Family Home for sale in Indianapolis, IN

for $180,000. This home was built in 1920 on a lot size of 0.1.

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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Multi-Family Active

Price

$ 180,000

Property Type

Multi-Family

Taxes

$ 3,716

Style

Duplex

Lot Size

0.1

Year Built

1920

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22127761
Features
General
Possession Closing
Roof Shingle
Year Built 1920
Township Center
Levels Two
Property Subtype Duplex
Tax Year 2025
Current Use Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name No Subdivision
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 2
MLS Area 4910 - Marion - Center
Lot Size Square Feet 4530
Structure Type Duplex
Standard Status Active
Tax Lot 20
Virtual Tour https://track.pstmrk.it/3s/listing.arthomephoto.com%2Fsites%2F42-lasalle-st-indianapolis-in-46201-29243879%2Fbranded/cUpU/Yk7IAQ/AQ/09d7982d-be12-4949-9af8-7087062d0b18/3/KtRqducgTe
Legal Description Kealing Place Sec 2 L20
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Exterior
Parking Features Alley Access
Lot Size Acres 0.1
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Interior
Basement (Y/N) Y
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* Excluded Features
List By
Exp Realty Llc

Broker

thano@locksteprealty.com

Email

Affordability Calculator

$1,553
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,243
Monthly Property Taxes
$310
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/26/2026$180,000 Listed Price

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40 N Lasalle Street, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $180,000 with a lot size of 0.1. 40 N Lasalle Street has 0.0 baths and was built in 1920. The property's zip code is 46201 which is in Indianapolis, IN

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