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1421 South Street Lafayette, IN 47901
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Key Details
Sold Price $230,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,232 sqft
MLS Listing ID 202504180
Sold Date 07/18/25
Style Two Story
Bedrooms 3
Full Baths 3
Abv Grd Liv Area 2,232
Total Fin. Sqft 2232
Year Built 1910
Annual Tax Amount $1,200
Tax Year 2025
Lot Size 4,181 Sqft
Property Sub-Type Triplex
Property Description
This updated 3-unit property at 1421 South Street in Lafayette is a fantastic investment opportunity, ideally located just minutes from downtown Lafayette and Purdue University. Each of the three units features 1 bed and 1 bath, with a total rental income of $2,300 per month. The property has been recently renovated with new siding, roof, windows, and gutters, ensuring long-term durability and low maintenance. Its close proximity to downtown's shops, restaurants, and entertainment, along with easy access to Purdue University, makes it a highly desirable location for tenants. With steady rental income and a prime location, this property is an excellent addition to any real estate portfolio.
Location
State IN
County Tippecanoe County
Area Tippecanoe County
Direction East on south st from downtown, property on the right before 14th st.
Rooms
Family Room 850 x 600
Dining Room 0 x 850
Interior
Flooring Vinyl Tile
Fireplaces Number 3
Appliance Building, Lease
Laundry , 3
Exterior
Garage Spaces 1.0
Fence None
Amenities Available Ceiling Fan, Cable Ready
Roof Type Shingle
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
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IDX information provided by the Indiana Regional MLS
Bought with Fransisco Salazar • Maitlen Realty