2226 N 23rd ST Active Save Request In-Person Tour Request Virtual Tour
Lafayette,IN 47904
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,728 sqft
Price per Sqft $101
Subdivision No Subdivision
MLS Listing ID 22060639
Bedrooms 3
Full Baths 2
Year Built 1948
Tax Year 2024
Lot Size 5,227 Sqft
Property Sub-Type Single Family Residence
Property Description
Attention investors! This 3-bedroom, 2-bathroom ranch in Lafayette is a rare find with strong rental potential and endless possibilities for a flip or buy-and-hold investment. The home features a finished basement with a second kitchen, making it ideal for multi-generational living, a second rental unit, or student housing. A large 2.5-car detached garage adds extra value with space for parking, storage, or a workshop. This fixer-upper already has the major updates completed. The roof was replaced in 2023, and in 2024 the furnace, AC, water heater, electrical, and sewer line were all updated. With solid bones and the big-ticket items already done, this property is ready for cosmetic upgrades to maximize equity and cash flow. Located just 10 minutes from Purdue University, this home offers prime proximity for student rentals, short-term rentals, or long-term rentals. Lafayette is a growing Indiana market with strong demand for housing, making this an excellent opportunity for investors seeking a value-add property. Home is being sold AS-IS.
Location
State IN
County Tippecanoe
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Exterior
Exterior Feature Storage Shed
Garage Spaces 2.0
Building
Story One
Foundation Block
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Middle Schools Lafayette Tecumseh Jr High School
School District Lafayette School Corporation