$230,000
$244,900
6.1%For more information regarding the value of a property, please contact us for a free consultation.
1421 South Street Lafayette, IN 47901
3 Beds
3 Baths
2,232 SqFt
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
Style Two Story
Bedrooms 3
Full Baths 3
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
Rooms
Family Room 850 x 600
Dining Room 0 x 850
Interior
Flooring Vinyl Tile
Fireplaces Number 3
Laundry , 3
Exterior
Garage Spaces 1.0
Fence None
Amenities Available Ceiling Fan, Cable Ready
Roof Type Shingle
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
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IDX information provided by the Indiana Regional MLS
Bought with Fransisco Salazar • Maitlen Realty