514-516 Fairington Avenue Lafayette, IN ^$ 420,000

514-516 Fairington Avenue

^$ 420,000

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Recently Listed

514-516 Fairington Avenue

Lafayette, IN, 47905

^$ 420,000

Bedrooms6 Baths4.2 Sq 2,892

Monthly Estimate*

^$ 2,620

514-516 Fairington Avenue, Lafayette, IN 47905 - Image 1

Multi-Family Home for sale in Lafayette, IN

for $420,000 with 6 bedrooms and 4 full baths, 2 half baths. This 2,892 square foot home was built in 2000.

Fully rented duplex on the east side of Lafayette! Two-Story house with pond view! Each unit features spacious 3 BR's and 2.5 BA, 2 car attached garage for storage and parking. Each unit includes a washer/dryer, fireplace, spacious rooms, and a large serene pond located right in the backyard. Located off St Rd 26 (South St).

Multi-Family Active

Price

^$ 420,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 5,073

Style

Traditional

Year Built

2000

Town/City

Lafayette

County/Region

Tippecanoe

MLS | Web ID

202547198

Features

General

Heating Gas Forced Air

Cooling Central Air

Water Access Type None

Sewer City

Status Active Active

Full Baths 4

Half Baths 2

Bathrooms 6

Year Built 2000

Parking Garage

New Construction No

Tenant Pays Electric Fuel Sewer Trash Collection Water

Subdivision Vineyard

Style Two Story

Stories Count 2

Township Fairfield

Class INVESTMENT

Type Duplex

Age 25

Net Income 21550

Rent Income 36000

Features Off Street Parking

REO No

Status Detail 0

Area Tippecanoe County

Location City/Town/Suburb

High School William Henry Harrison

City Lafayette

School District Tippecanoe School Corp.

HOA Fees $ 125

Architctural Style Traditional

Total Sq Ft 2892

Elementary School Hershey

Middle School East Tippecanoe

Legal Description VINEYARDS SD SEC 2 LOT 19

Agent First Name Nathaniel

Agent Last Name Gustus

DOM 14

Tax Year 2025

Interior

Basement None

Flooring Mixed

Beds 6

Total Number of Units 2

Microwaves 2

Refrigerators 2

Washers 2

Dryer(s) 2

Dishwasher(s) 2

Disposal(s) 2

Above Grade Bedrooms 6

Below Grade Baths 0

Below Grade Bedrooms 0

Total Rooms Below Grade 0

Ranges/Ovens 2

W/D Hookups 2

Exterior

Exterior Brick Vinyl

Driveway Concrete

Pool No

Number of Parking Spaces 4

Waterfront Pond

Lot Size Area 8799

Lot Dimensions 80X110

Lot Description 0-2.9999

Fence None

Outbuilding None

Water Features None

Waterfront Y/N Yes

* Excluded Features

List By

Nathaniel Gustus

Listing Agent

Keller Williams Commercial

Broker

ngustus@gmail.com

Affordability Calculator

$3,043

Per Month

Monthly Principal & Interest: $2,620
Monthly Property Taxes: $423
Monthly Home Insurance: --

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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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Nearby

Trends
Schools

Multi-family listings in Lafayette, IN

Average List Price ^$349,413

Percent of Sale Price 17%

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.

1236715 Elementary School

1236143 Middle School

William Henry Harrison High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/24/2025	$420,000		Listed Price

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514-516 Fairington Avenue, Lafayette, IN, 47905 is a Multi-Family Home for sale at $420,000 with 2,892 sqft. 514-516 Fairington Avenue has 6 bedrooms, 4.2 baths, and was built in 2000. 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 12/9/2025.

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514-516 Fairington Avenue

Multi-Family Home for sale in Lafayette, IN

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