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40 North Lasalle Street

Indianapolis IN 46201

4530 sq. ft.
Duplex
Currently for sale - view listing

Overview

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 approximately $2,150 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.

Features

4530 sq. ft. lot size
Duplex

Property history for 40 North Lasalle Street

2023
Sold
$160,000
11 May 2023 by Dah-Metrie Shaw, of Trueblood Real Estate
2023
Sold
$160,000
11 May 2023 by Dah-Metrie Shaw, of Trueblood Real Estate
2022
Sold
Undisclosed
22 Jul 2022 by April Fitzgerald

Happy sellers in Indianapolis

84%
84% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Indianapolis over the last 12 months.

Local market activity for duplexes in Indianapolis

In the last 12 months, 151 duplexes similar to 40 North Lasalle Street, have been sold.

This represents a 20% increase in duplexes sales when compared to the previous 12 months.

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