LKV Realty
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$350,000
$1,900Reward *
1921 N Lasalle Street, Indianapolis, IN 46218Listing ID 22101023

1921 N Lasalle Street, Indianapolis, IN 46218

Active
North Brookside Park
Time on site: 101 daysLast updated: May 9, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Quadruplex
Acres
Acres
0.12
Days on Site
Days on Site
101
Year Built
Year Built
1926

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

Property Information

Property Details

Location

Address
1921 N Lasalle Street
County
Marion
City
Indianapolis
Zip Code
46218
Subdivision
North Brookside Park
School District
Indianapolis Public Schools
MLS Area
4910 - Marion - Center

Building

Building Information

Year Built
1926
Construction
Brick

Property Taxes

Tax Year
2024
La Terre Boutique, (317) 285-8769

Market Report for 46218

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MIBOR REALTOR® Association
MIBOR REALTOR® Association logo

Based on information submitted to the MLS GRID as of 18 Aug 2026, 11:47 AM UTC. 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.

For corrections to this data please contact Brytecore MLS Support.

MBR38073