Indianapolis Real Estate Index

Contact Red Door Real Estate

If you have any questions or need more detailed information, please feel free to contact me via phone at 317-RED-DOOR / 317-733-3667 or fill out the form to let us know how we can help with your real estate needs.

Phone: (317) 733-3667
Fax: (317) 663-0840

Refine your search...
Use the form below to narrow down your results
Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

Back to Results
$284,900 -

340 S Lasalle Street Indianapolis IN 46201

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.12
Acres

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!

Follow ►
  • Subscribe to Our Blog RSS
Read More...

Property Details

Price: $284,900 Previously: $284,900 Originally: $289,000 Bathrooms: 0.00 MLS #: 22078577 Year Built: 1921 Township: Center Type: Residential Income Zip Code: 46201 City: Indianapolis Subdivision: Crestview County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:

Exterior Features

Exterior Features:
  • # Acres: 0.12

Listing Office: Blk Key Realty

Similar Properties To: 340 S Lasalle Street, Indianapolis

$275,000

Reynolds N Tuxedo
MLS® #:
22066271
Provider:
Ferris Property Group
717 N Grant Avenue, Indianapolis
$275,000

Brightwood
MLS® #:
22072440
Provider:
Mark Dietel Realty, Llc
2868 N Sherman Drive, Indianapolis
$329,900

No Subdivision
MLS® #:
22077263
Provider:
Pillario Property Management Llc
1514 Ringgold Avenue, Indianapolis
$219,000

J C Leerkamp's West
MLS® #:
22065228
Provider:
Trueblood Real Estate
3247 W Morris Street, Indianapolis
$327,000

Bruce Place East
MLS® #:
22020747
Provider:
Triple E Realty, Llc
2141 Bellefontaine Street, Indianapolis
$285,000

No Subdivision
MLS® #:
22075928
Provider:
Landtree, Realtors®
8323 - 8325 Lake Road, Indianapolis
$325,000

Osgoods Forest Park
MLS® #:
22077562
Provider:
T&h Realty Services, Inc.
3326 N College Avenue, Indianapolis
$349,000

Coopers S Meridian St Add
MLS® #:
22078411
Provider:
Re/max Advanced Realty
1714 Union Street, Indianapolis

View all similar properties here

All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on January 16th, 2026 at 8:13am EST.

My Account

Log in, to view your saved searches and add to your favorite listings.

Sign Up Here For Your FREE Account

... So You Can:

  • View detailed property information
  • Print detailed property flyers
  • Save your searches & favorite homes
  • Inquire about a private showing
  • Map individual property locations
  • Share your favorite homes with friends
Interested In This Property?