1118 S 2nd Street, Lafayette, IN 47905
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1118 S 2nd Street, Lafayette, IN 47905
1118 S 2nd Street, Lafayette, IN 47905
1118 S 2nd Street, Lafayette, IN 47905
1118 S 2nd Street, Lafayette, IN 47905
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Ryan Klingle

Ryan Klingle

+1(812) 296-4150
Listed by Anthony Jennings • eXp Realty, LLC
$ 165,000
Est. payment /mo
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Price Dropped by $5K

1118 S 2nd Street Lafayette, IN 47905

3 Beds

2 Baths

1,184 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,184 sqft

Subdivision John Levering

MLS Listing ID 202615379

Style One Story

Bedrooms 3

Full Baths 2

Abv Grd Liv Area 1,184

Total Fin. Sqft 1184

Year Built 1935

Annual Tax Amount $1,965

Lot Size 5,662 Sqft

Property Sub-Type Duplex

Property Description

Investment opportunity with immediate income! This well-maintained duplex at 1118 S. 2nd Street currently generates $1,875 per month in rental income ($775 and $1,100), offering immediate cash flow with long-term tenants already in place. One unit has been recently remodeled with updated flooring, fresh paint, and newer appliances, while the second unit provides stable occupancy with established tenants. A detached garage assigned to the front unit adds additional value and tenant convenience. Conveniently located just minutes from Purdue University, downtown Lafayette, shopping, dining, parks, and major employers, this property offers easy access to many of the area's most desirable destinations. This duplex offers an excellent opportunity for investors looking to expand their portfolio or for owner-occupants interested in offsetting their mortgage with rental income. With strong rental demand in the area and potential for future appreciation, this property offers both dependable income today and upside for tom

Location

State IN

County Tippecanoe County

Area Tippecanoe County

Direction heading north on Old US 231 turn left on to Owen st then turn right on to 2nd street and the home is on your left

Rooms

Family Room 775

Dining Room 0 x 1100

Interior

Flooring Laminate

Appliance Building, Lease

Laundry , 4

Exterior

Amenities Available Ceiling Fan, Deck Open, Detector-Carbon Monoxide, Detector-Smoke, Porch Enclosed

Total Parking Spaces 4

Building

Lot Description Level

Story 1

Structure Type Vinyl,Wood

New Construction No

Schools

Elementary Schools Thomas Miller

Middle Schools Sunnyside/Tecumseh

High Schools Jefferson

School District Lafayette

Others

Financing Cash,Conventional,FHA,VA

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202615379

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

Nearby Locations

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By checking this box, I agree to receive recurring marketing communication from or on behalf of Home and Harvest Properties LLC, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

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1118 S 2nd Street