$149,000
Cash generating property! There are five units that come with this deal!. Apt #1 pays $600, and the detached converted unit (3756 Lasalle) pays $625 per month. Apartments 2, 3 and 4 are vacant, but rent out between $500-600 per month. Seller pays utilities (electric, gas, water, sewer..) which averages out to $350-450 per month. Add this one to your portfolio! Cash only. Showings with an accepted offer. Buyer will then have a negotiated due diligence period to view property once offer has been accepted - investors only - no regular inspections - you can bring contractors through during your due diligence period. Property across the street at 3201 E 38th St across the street is also for sale for $149k.
GPS Friendly
| MLS # | 22075520 |
|---|---|
| Date Listed | 2025-12-02 |
| Status | Active |
| Property Type | Multi-Family/Apartments |
| Property SubType | Quadruplex |
| New Construction | No |
| Type | Quadruplex |
| Year Taxes Payable | 2024 |
| Year Built | 1920 |
| Days on Market | 4 |
| Construction | Quadruplex |
|---|---|
| Lot Size | 10,019 sq ft |
| Acreage | 0.23 Acres |
| Fence | None |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | No Subdivision |
| Township | Center |
| City | Indianapolis |
| State | IN |
| Zip | 46218 |
| School District | Indianapolis Public Schools |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22075520
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Joe Everhart
Everhart Studio, Ltd.
joe@everhartlistings.com
Listing updated December 3, 2025 at 4:59 pm
Last checked 4 minutes ago