1118 S 2nd Street, Lafayette, IN 47905
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: anthony jennings
Office: exp realty, llc.
MLS#:202615379
Source:Indiana Regional MLS
Price summary
- Price:$165,000
- Price per sq. ft.:$98.21
About this home
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...
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Home facts
- Year built:1935
- Subdivision & Development:John Levering
- Listing ID #:202615379
- Added:107 day(s) ago
- Updated:August 14, 2026 at 07:57 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Laminate
- Basement Description:Crawl, Unfinished
- Living area:1,184 sq. ft.
Heating and cooling
- Cooling:Window
- Heating:Baseboard
Structure and exterior
- Year built:1935
- Building area:1,184 sq. ft.
- Lot area:0.13 Acres
- Lot Features:Level
- Architectural Style:One Story
- Construction Materials:Vinyl, Wood
- Exterior Features:Deck Open, Porch Enclosed
- Levels:1 Story
Schools
- High school:Jefferson
- Middle school:Sunnyside/Tecumseh
- Elementary school:Thomas Miller
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$165,000
- Price per sq. ft.:$98.21
- Tax amount:$1,965
Features and amenities
- Amenities:Ceiling Fan, Detector-Carbon Monoxide, Detector-Smoke
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