1219 S 4th ST, Lafayette, IN 47905
1219 S 4th ST, Lafayette, IN 47905
1219 S 4th ST, Lafayette, IN 47905
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Listed by Keller Williams Lafayette
$329,000
Est. payment /mo
5 Beds
2 Baths
2,080 SqFt

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 IRM202624714

Style Traditional

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1935

Annual Tax Amount $2,694

Tax Year 2026

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 50x130

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

Rooms

Basement Cellar, Partial

Interior

Heating Gas, Forced Air

Inclusions Building

Fireplace N

Exterior

Parking Features Concrete, Off Street

Fence None

View Y/N true

Total Parking Spaces 3

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water City

Level or Stories Two

New Construction No

Schools

Elementary Schools Thomas Miller

Middle Schools Sunnyside/Tecumseh

High Schools Jefferson

School District Lafayette

Others

Pets Allowed No

Tax ID 79-07-29-459-012.000-004

Acceptable Financing IRM202624714

Listing Terms IRM202624714

Special Listing Condition None

Pets Allowed No

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


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