1602 Grove Street Lafayette, IN ^$ 175,000

1602 Grove Street

^$ 175,000

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1602 Grove Street

Lafayette, IN, 47905

^$ 175,000

Bedrooms2 Baths2.0 Sq 1,820

Monthly Estimate*

^$ 1,092

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Multi-Family Home for sale in Lafayette, IN

for $175,000 with 2 bedrooms and 2 full baths. This 1,820 square foot home was built in 1915.

MOTIVATED SELLER! LOCATION, LOCATION, LOCATION! With a little love, this duplex is be a great investment. Both units are 1 bed and 1 bath and the lower unit has a washer/dryer hook up. Owner occupied options are also available. 3 car garage can be rented out as extra income, or use it for your own storage! Walkable to downtown and close to the bus stop, this duplex could be the start of your rental portfolio! Great locations for students too!

Multi-Family Active

Price

^$ 175,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,199

Style

Traditional,Craftsman

Year Built

1915

Town/City

Lafayette

County/Region

Tippecanoe

MLS | Web ID

202537474

Features

General

Heating Gas Forced Air

Cooling Wall AC

Sewer City

# of Buildings 2

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1915

Parking Garage Street

New Construction No

Tenant Pays Electric Heating

Subdivision None

Style Two Story

Stories Count 2

Township Fairfield

Class INVESTMENT

Type Duplex

Age 110

Net Income 8036

Rent Income 19200

Features Ceiling Fan Off Street Parking Storage Built-In Bookcase Cable Ready Ceiling-9+ Countertops-Laminate Detector-Smoke Eat-In Kitchen Garage Door Opener Porch Covered Six Panel Doors Water Heater Gas Wa

REO No

Status Detail 0

Common Amenities Sidewalks

Area Tippecanoe County

Location City/Town/Suburb Near College Campus

High School Jefferson

City Lafayette

School District Lafayette

Architctural Style Traditional Craftsman

Total Sq Ft 1820

Elementary School Murdock

Middle School Sunnyside/Tecumseh

Legal Description OAKLAND ADDN LOT 65

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202537474

Agent First Name Jessica

Agent Last Name Collaco

DOM 83

Tax Year 24 pay 25

Exterior

Road Surface Paved

Exterior Vinyl

Driveway Concrete

Pool No

Number of Parking Spaces 2

Lot Size Area 6578

Lot Dimensions 50 x 132

Lot Description Corner Level 0-2.9999

Fence None

Water Meters 2

Electric Meters 2

Outbuilding None

Water Features None

Gas Meters 2

Waterfront Y/N No

Interior

Basement Cellar Unfinished

Flooring Vinyl Tile Wood

HVAC Ceiling Fan

Beds 2

Total Number of Units 2

Microwaves 0

Refrigerators 2

Washers 1

Dryer(s) 1

Dishwasher(s) 0

Disposal(s) 0

Above Grade Bedrooms 2

Below Grade Baths 0

Below Grade Bedrooms 0

Total Rooms Below Grade 0

Ranges/Ovens 1

W/D Hookups 1

Basement Material Block

* Excluded Features

List By

Jessica Collaco

Listing Agent

Keller Williams Lafayette

Broker

jcollaco@kw.com

Affordability Calculator

$1,442

Per Month

Monthly Principal & Interest: $1,092
Monthly Property Taxes: $350
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Lafayette, IN

Average List Price ^$363,100

Percent of Sale Price 107%

About Lafayette, IN

75,883 Population

19% Since 2002

^$43,214 Median Income

34.68 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1236282 Elementary School

1413940 Middle School

Jefferson High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/4/2025	$175,000	-10.21%	Price Down
10/14/2025	$194,900	-2.50%	Price Down
9/16/2025	$199,900		Listed Price

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1602 Grove Street, Lafayette, IN, 47905 is a Multi-Family Home for sale at $175,000 with 1,820 sqft. 1602 Grove Street has 2 bedrooms, 2.0 baths, and was built in 1915. The property's zip code is 47905 which is in Lafayette, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/10/2025.

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1602 Grove Street

Multi-Family Home for sale in Lafayette, IN

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