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Turnkey 4-Unit Investment Opportunity Alert! Don't miss this beautifully updated four-unit multifamily property in the heart of Lafayette"”an ideal opportunity for both investors and owner-occupants. All four units have been freshly remodeled and thoughtfully updated, offering modern finishes and low-maintenance ownership from day one. Currently, three of the four units are occupied, with the fourth unit scheduled to vacate at the end of the month, creating immediate flexibility for the next owner. Choose to house-hack by living in the open unit or lease it at top market rent to further maximize cash flow. This income-producing property also features coin-operated laundry, providing an additional revenue stream, plus a detached garage that is separately rented, further enhancing overall returns. With multiple income sources, recent updates, and built-in upside, this property checks all the boxes for a strong multifamily investment. Opportunities like this don't last"”schedule your showing today!
Property Type(s):
Multi Family
| Last Updated | 1/28/2026 | Tract | None |
|---|---|---|---|
| Year Built | 1915 | County | Tippecanoe |
SCHOOLS
| School District | Lafayette |
|---|---|
| Elementary School | Murdock |
| Jr. High School | Sunnyside/Tecumseh |
| High School | Jefferson |
Price History
| Prior to Jan 28, '26 | $415,000 |
|---|---|
| Jan 28, '26 - Today | $399,000 |
Additional Details
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Microwave, Range, Refrigerator, Washer |
| BASEMENT | Partial, Yes |
| CONSTRUCTION | Vinyl Siding, Wood Siding |
| HEAT | Baseboard, Forced Air |
| LOT | 9879 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 95x104 |
| PARKING | Off Street, On Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Two and Half Story |
| SUBDIVISION | None |
| TAXES | 3973.54 |
| UTILITIES | Cable Available |
| WATER | Public |
Listed with Jason Conley, Raeco Realty
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 1/30/26 8:16 PM PST
Walk Score provided by walkscore.com
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 1/30/26 8:16 PM PST
Walk Score provided by walkscore.com
This IDX solution is (c) Diverse Solutions 2026.
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