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1118 S 2nd Street Lafayette, IN $ 170,000
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1118 S 2nd Street
$ 170,000
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1118 S 2nd Street

Lafayette, IN, 47905
$ 170,000
Bedrooms3 Baths2.0 Sq 1,184

Monthly Estimate*

$ 1,047

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Multi-Family Home for sale in Lafayette, IN

for $170,000 with 3 bedrooms and 2 full baths. This 1,184 square foot home was built in 1935.

Investment opportunity in the heart of Lafayette! Welcome to 1118 S 2nd Streeta well-maintained 2-unit duplex offering immediate rental income potential. This property features long-term tenants, providing stability and consistent cash flow for investors. One unit has been recently remodeled with updated flooring, fresh paint, and newer appliances, creating a clean, modern living space that enhances tenant appeal. The second unit offers reliable occupancy with established renters already in place. Additional highlights include a detached garage designated for the front unit, adding extra value and convenience for tenants. Located in a central Lafayette location with easy access to local amenities, this property is a strong addition to any investment portfolio. Whether youre looking to expand your rental portfolio or step into multi-unit investing, this duplex checks the boxes for both stability and upside potential.

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Multi-Family Active

Price

$ 170,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,453

Style

Duplex

Year Built

1935

Town/City

Lafayette

County/Region

Tippecanoe

MLS | Web ID

202615379
Features
General
Heating Baseboard
Cooling Window
Sewer City
# of Buildings 1
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1935
New Construction No
Tenant Pays Electric
Subdivision John Levering
Style One Story
Stories Count 1
Township Fairfield
Class INVESTMENT
Type Duplex
Age 91
Net Income 17961.68
Rent Income 22500
Features Ceiling Fan Deck Open Detector-Carbon Monoxide Detector-Smoke Porch Enclosed
REO No
Status Detail 0
Area Tippecanoe County
High School Jefferson
City Lafayette
School District Lafayette
Total Sq Ft 1680
Elementary School Thomas Miller
Middle School Sunnyside/Tecumseh
Legal Description JOHN LEVERINGS LOT 6
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202615379
Agent First Name Anthony
Agent Last Name Jennings
DOM 1
Tax Year 2025 pay 2026
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Interior
Basement Crawl Unfinished
Flooring Laminate
Beds 3
Total Number of Units 2
Microwaves 0
Refrigerators 1
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 3
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 1
W/D Hookups 1
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Exterior
Exterior Vinyl Wood
Pool No
Number of Parking Spaces 4
Lot Size Area 5663
Lot Dimensions 114x50
Lot Description Level
Outbuilding None
Waterfront Y/N No
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* Excluded Features
List By
Anthony Jennings

Listing Agent

Exp Realty, Llc

Broker

Tony@slreg.com

Email

Affordability Calculator

$1,168
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,047
Monthly Property Taxes
$121
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1237225 Elementary School
1413940 Middle School
Jefferson High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/28/2026$170,000 Listed Price

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1118 S 2nd Street, Lafayette, IN, 47905 is a Multi-Family Home for sale at $170,000 with 1,184 sqft. 1118 S 2nd Street has 3 bedrooms, 2.0 baths, and was built in 1935. The property's zip code is 47905 which is in Lafayette, IN

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