637 Park Avenue Lafayette, IN $ 275,000
637 Park Avenue
$ 275,000
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637 Park Avenue

Lafayette, IN, 47904
$ 275,000
Bedrooms4 Baths2.0 Sq 1,471

Monthly Estimate*

$ 1,716

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Multi-Family Home for sale in Lafayette, IN

for $275,000 with 4 bedrooms and 2 full baths. This 1,471 square foot home was built in 1901.

This two-unit rental property in Lafayette offers a solid investment opportunity. Each unit features 2 bedrooms and 1 full bath, with washer/dryer hookups in one unit. One tenant is already in place through June 2026, providing immediate rental income, while the second unit offers flexibility for owner occupancy or additional leasing potential, beginning January 1, 2026. Schedule a showing today to explore the potential of this income-producing property.

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Multi-Family Active

Price

$ 275,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,300

Style

Duplex

Year Built

1901

Town/City

Lafayette

County/Region

Tippecanoe

MLS | Web ID

202549406

Features
General
Heating Gas Forced Air
Cooling None
Sewer City
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1901
New Construction No
Tenant Pays Cable Deposit Value
Subdivision Belt RY
Style Two Story
Stories Count 2
Township Fairfield
Class INVESTMENT
Type Duplex
Age 124
Net Income 18721.94
Rent Income 23688
Features Basement Countertops-Laminate
Inside City Limits Yes
REO No
Status Detail 0
Area Tippecanoe County
High School Jefferson
City Lafayette
School District Lafayette
Total Sq Ft 2149
Elementary School Oakland
Middle School Sunnyside/Tecumseh
Legal Description BELT RY ADDN W 1/2 LOT 10 BLOCK 32
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202549406
Agent First Name Cathy
Agent Last Name Russell
DOM 0
Tax Year 2025
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Interior
Basement Unfinished
Flooring Carpet Vinyl Tile
Beds 4
Total Number of Units 2
Microwaves 0
Refrigerators 2
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 4
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 2
W/D Hookups 1
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Exterior
Exterior Vinyl
Pool No
Number of Parking Spaces 2
Lot Size Area 3598
Lot Dimensions 45X80
Lot Description Corner 0-2.9999
Outbuilding None
Waterfront Y/N No
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* Excluded Features
List By
Cathy Russell

Listing Agent

@Properties

Broker

cathy@russellteam.com

Email

Affordability Calculator

$1,907
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,716
Monthly Property Taxes
$192
Monthly 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
5157966 Elementary School
1413940 Middle School
Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
12/20/2025$275,000 Listed Price

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637 Park Avenue, Lafayette, IN, 47904 is a Multi-Family Home for sale at $275,000 with 1,471 sqft. 637 Park Avenue has 4 bedrooms, 2.0 baths, and was built in 1901. The property's zip code is 47904 which is in Lafayette, IN