1219 S 4th Street, Lafayette, IN 47905
1219 S 4th Street, Lafayette, IN 47905
1219 S 4th Street, Lafayette, IN 47905
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Listed by Sherry Cole • Keller Williams Lafayette • Agt: 765-426-9442
$329,000
Est. payment /mo
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5 Beds
2 Baths
2,080 SqFt
Price Dropped by $25K

1219 S 4th Street Lafayette, IN 47905

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Travis Maassen

Travis Maassen

+1(260) 234-0358

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,080 sqft

MLS Listing ID 202624714

Style Two Story

Bedrooms 5

Full Baths 2

Abv Grd Liv Area 2,080

Total Fin. Sqft 2080

Year Built 1935

Annual Tax Amount $1,116

Tax Year 2026

Lot Size 6,534 Sqft

Property Sub-Type Duplex

Property Description

USE ONE SIDE FOR BUSINESS AND RENT OUT THE OTHER SIDE. Prime Investment Opportunity Near Purdue University. This income-generating duplex offers an unbeatable location just minutes from campus, downtown, bus lines, and the public library, making it an ideal choice for student living or traditional rentals. The property features a classic exterior with a covered front porch, alongside a separate entrance for added privacy. Unit 1 features a unique, wide-open layout with a flexible living space and a functional kitchen setup, with market rent projected at $1,400 per month. Unit 2 provides a classic, comfortable multi-level layout including a cozy living room, a spacious kitchen, and relaxing bedroom spaces, currently cash-flowing at $1,430 per month. Both units feature the massive tenant perk of in-unit washers and dryers, a private side patio area perfect for outdoor relaxation, and low overhead with tenants paying all utilities. A great opportunity to rent one side and run a successful business out of the other side.

Location

State IN

County Tippecanoe County

Area Tippecanoe County

Direction GPS Friendly.

Rooms

Family Room 1430

Dining Room 0 x 1400

Interior

Flooring Carpet, Concrete, Vinyl

Appliance Building

Laundry , 3

Exterior

Garage Spaces 1.0

Fence None

Amenities Available Ceiling Fan, Ceiling-9+, Ceiling-Tray, Countertops-Laminate, Open Floor Plan, Water Heater Gas, Washer Hook-Up

Total Parking Spaces 3

Building

Lot Description Level

Story 2

Structure Type Vinyl

New Construction No

Schools

Elementary Schools Thomas Miller

Middle Schools Sunnyside/Tecumseh

High Schools Jefferson

School District Lafayette

Others

Financing Cash,Conventional

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202624714

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS

NEARBY SCHOOL & BUSINESS

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Travis Maassen

Travis Maassen

Broker | License ID: RB23000211

+1(260) 234-0358

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1219 S 4th Street