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Indianapolis, IN, 46201 • Christian Park • Marion County
-$5,000 since Feb 22, 2026
Down payment assistance available
5Beds
3Baths
0.12 acLot
1921Built
Character Home
Built 1921 · 105 years of history
Crestview
Christian Park
This home is getting attention
Listed 93 days ago · 643 views · 36 saves
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36 saves
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93 days on market
Established listing
Multi Family · Built 1921 · Historic
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!
Standout features identified
Our analysis highlights generous living space, new flooring, and separate laundry room as key attractions of this home.
Based on current rates
Est. 6.26% rate · 30yr fixed · $215,999 loan
Full calculator →Key facts and listing details
1 category of property features
Market data and value estimates
3 schools rated nearby
Indianapolis, IN, 46201
20 events
20 years of records
Local context around this listing
Indianapolis, IN • Marion County
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Based on information submitted to the MLS GRID as of 2026-04-08 16:18:03 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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