1921 N Lasalle ST, Indianapolis, IN 46218
1921 N Lasalle ST, Indianapolis, IN 46218
1921 N Lasalle ST, Indianapolis, IN 46218
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Listed by Christopher Jenkins • La Terre Boutique
$350,000
Est. payment /mo
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5,227 Sqft Lot
New

1921 N Lasalle ST Indianapolis, IN 46218

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Audri McGrane

Audri McGrane

+1(317) 509-9729

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision North Brookside Park

MLS Listing ID 22101023

Year Built 1926

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Quadruplex

Property Description

Turn Key Quadplex Investment Opportunity at 1921-1923 LaSalle Street, Indianapolis Attention serious investors seeking immediate cash flow and long term stability. This fully occupied quadruplex presents a rare opportunity to acquire a high performing, fully renovated asset with dependable income, strong tenant demand, and minimal deferred maintenance. The property currently generates 4,138 dollars in monthly gross income, totaling 49,656 dollars annually. The income stream is anchored by high performing Section 8 units, providing reliable government backed payments and reduced vacancy risk. Unit 1921A generates 1,188 dollars per month and Unit 1923A generates 1,250 dollars per month, making them the two highest grossing units in the building. Additional income includes Unit 1921B at 900 dollars per month and Unit 1923B at 800 dollars per month. This property has undergone extensive renovations, allowing the next owner to step into a truly turn key investment. Major capital improvements include a new roof, new siding, new windows, updated electrical, updated plumbing, new flooring, new drywall, fresh paint, and numerous additional interior and exterior upgrades throughout the property. The renovations significantly reduce future maintenance concerns while enhancing tenant appeal and long term asset value. Beyond the strong financial performance, the property offers an attractive blend of stability and appreciation potential. Conveniently located near downtown Indianapolis with quick access to major employers, transit routes, dining, and redevelopment activity, 1921-1923 LaSalle is well positioned for continued rental growth and long term equity appreciation. Whether you are completing a 1031 exchange, expanding your rental portfolio, or seeking a stabilized multifamily investment with immediate income, this property delivers the combination of cash flow, renovations, and location that investors are actively searching for. Fully renovated, income pr

Location

State IN

County Marion

Interior

Fireplace N

Building

Structure Type Brick

New Construction false

Schools

School District Indianapolis Public Schools

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© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

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Audri McGrane

Audri McGrane

Director of Operations | RBRB18002064

+1(317) 509-9729

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1921 N Lasalle ST

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