Well-maintained and updated duplex in a prime central Lafayette location! Conveniently located near the interstate, restaurants, shopping, and everyday amenities, this property offers an excellent opportunity for investors or owner-occupants alike. Each unit offers over 2,000 square feet of living space, providing spacious and functional layouts throughout. Unit 1 features 4 bedrooms and 2.5 bathrooms, while Unit 2 includes 3 bedrooms and 3.5 bathrooms. Both units have been well maintained and thoughtfully updated. Recent improvements include a new roof, new garage doors, new skylights, updated HVAC systems, and newer water softeners, delivering added value and peace of mind. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the other, this versatile property is a standout opportunity!
Turnkey 4-Unit Investment Opportunity Alert! Don’t miss this beautifully updated four-unit multifamily property in the heart of Lafayette—an ideal opportunity for both investors and owner-occupants. All four units have been freshly remodeled and thoughtfully updated, offering modern finishes and low-maintenance ownership from day one. Currently, three of the four units are occupied, with the fourth unit scheduled to vacate at the end of the month, creating immediate flexibility for the next owner. Choose to house-hack by living in the open unit or lease it at top market rent to further maximize cash flow. This income-producing property also features coin-operated laundry, providing an additional revenue stream, plus a detached garage that is separately rented, further enhancing overall returns. With multiple income sources, recent updates, and built-in upside, this property checks all the boxes for a strong multifamily investment. Opportunities like this don’t last—schedule your showing today!
CAP RATE 6.9% Cash Flow Dream-4 Homes, Workshop Barn, 1.51 acres! Looking for a rare investment in a peaceful country setting? This cash-producing 5 unit property features a spacious main ranch home with a finished basement with attached 2 car garage and workshop barn PLUS three additional homes, all leased generating a total of $4,700/month with room to raise! Each cottage includes a carport, window ac and shed. Located in the highly desirable Hershey, East Tipp and Harrison schools, this property is a golden opportunity for investors seeking instant cash flow and long-term upside. Ideal for seasoned investors or anyone looking to start a portfolio. Part of a living trust, any sale subject to the tenants and their leases. Inspections welcome, sold as-is. 24 hour showing notice required.
Lafayette is located in Indiana. Lafayette, Indiana has a population of 70,928. Lafayette is less family-centric than the surrounding county with 24.25% of the households containing married families with children. The county average for households married with children is 31.5%.
The median household income in Lafayette, Indiana is $47,690. The median household income for the surrounding county is $53,468 compared to the national median of $69,021. The median age of people living in Lafayette is 32.5 years.
The average high temperature in July is 86.5 degrees, with an average low temperature in January of 17 degrees. The average rainfall is approximately 37.9 inches per year, with 19.4 inches of snow per year.
