1219 S 4th Street, Lafayette, IN 47905
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: sherry coleAgt: 765-426-9442
Office: keller williams lafayette
MLS#:202624714
Source:Indiana Regional MLS
Price summary
- Price:$329,000
- Price per sq. ft.:$124.76
About this home
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....
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Home facts
- Year built:1935
- Subdivision & Development:None
- Listing ID #:202624714
- Added:50 day(s) ago
- Updated:August 12, 2026 at 03:38 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Concrete, Vinyl
- Basement Description:Cellar, Partial Basement
- Living area:2,080 sq. ft.
Heating and cooling
- Cooling:Central Air, Window
- Heating:Forced Air, Gas
- Central air:Yes
Structure and exterior
- Year built:1935
- Building area:2,080 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Level
- Architectural Style:Traditional, Two Story
- Construction Materials:Vinyl
- Levels:2 Stories
Schools
- High school:Jefferson
- Middle school:Sunnyside/Tecumseh
- Elementary school:Thomas Miller
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$329,000
- Price per sq. ft.:$124.76
- Tax amount:$1,116
Features and amenities
- Laundry features:Washer Hook-Up
- Amenities:Ceiling Fan, Ceiling-9+, Ceiling-Tray, Countertops-Laminate, Water Heater Gas
Parking
- Parking description:Concrete Driveway, Off Street Parking
- Garage spaces:1
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