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  • $180,000

    40 N Lasalle St, Indianapolis, IN 46201

    4beds
    2baths
    --sqft
    : 
    $1,411/mo
    Get pre-qualified
    Multi Family, Duplex
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    49 days
    240
    44

    Zillow last checked:

    Listing updated:

    Listed by:

    Thano Genos thano@locksteprealty.com,

    eXp Realty LLC,

    Alex Montagano,

    eXp Realty LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22127761MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Features
      • Has basement: Yes
      Video & virtual tour

      Property

      Parking
      • Parking features: Alley Access
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 4,356 Square Feet
      Details
      • Parcel number: 491005174009000101

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Duplex
      Materials
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1920

      Community & HOA

      Community
      • Subdivision: No Subdivision
      Location
      • Region: Indianapolis

      Financial & listing details

      • Tax assessed value: $153,700
      • Annual tax amount: $3,716
      • Date on market: 9/26/2026
      • Cumulative days on market: 211 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/26/2026Listed for sale$180,000-5.3%
        Source: MIBOR as distributed by MLS GRID #22127761 Report a problem
        7/17/2026Listing removed$189,999
        Source: MIBOR as distributed by MLS GRID #22080135 Report a problem
        7/1/2026Pending sale$189,999
        Source: MIBOR as distributed by MLS GRID #22080135 Report a problem
        4/27/2026Price change$189,999-7.3%
        Source: MIBOR as distributed by MLS GRID #22080135 Report a problem
        2/19/2026Price change$204,900-2%
        Source: MIBOR as distributed by MLS GRID #22080135 Report a problem
        2/8/2026Price change$209,000-0.5%
        Source: MIBOR as distributed by MLS GRID #22080135 Report a problem
        1/16/2026Listed for sale$209,990+31.2%
        Source: MIBOR as distributed by MLS GRID #22080135 Report a problem
        10/14/2023Listing removed--
        Source: Zillow Rentals Report a problem
        7/27/2023Listed for rent$1,150+91.7%
        Source: Zillow Rentals Report a problem
        5/11/2023Sold$160,000-8%
        Source: MIBOR as distributed by MLS GRID #21907524 Report a problem
        3/21/2023Pending sale$174,000
        Source: MIBOR as distributed by MLS GRID #21907524 Report a problem
        3/13/2023Listed for sale$174,000
        Source: MIBOR as distributed by MLS GRID #21907524 Report a problem
        2/28/2023Pending sale$174,000
        Source: MIBOR as distributed by MLS GRID #21907524 Report a problem
        2/23/2023Listed for sale$174,000+1238.5%
        Source: MIBOR as distributed by MLS GRID #21907524 Report a problem
        11/6/2018Listing removed$600
        Source: PDM Property Concepts Report a problem
        9/10/2018Listed for rent$600
        Source: PDM Property Concepts Report a problem
        1/17/2018Sold$13,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,377 +10.9%$153,700 +8%
        2024$3,046 -3.3%$142,300 +10.8%
        2023$3,150 +38.6%$128,400 -3.7%
        2022$2,272 +91.7%$133,400 +35.4%
        2021$1,186 +6.2%$98,500 +92.4%
        2020$1,117 +3.9%$51,200 +8.2%
        2019$1,074 $47,300 +4.9%
        2018-- $45,100 +1.8%
        2017$2,215 +166.7%$44,300 +9.7%
        2016$830 -35.9%$40,400 +16.8%
        2014$1,296 +53.9%$34,600 -7.2%
        2013$842 $37,300
        2012$842 $37,300 +21.1%
        2011-- $30,800
        2010$645 -2.3%$30,800
        2009$661 $30,800 +76%
        2007-- $17,500 -52.1%
        2005-- $36,500
        2004-- $36,500
        2003-- $36,500 +45.4%
        2002-- $25,100 +199.9%
        2001-- $8,370
        2000-- $8,370
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Near Eastside

        Getting around

        60 / 100
        Somewhat Walkable
        41 / 100
        Some Transit
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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