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525 S 3rd Street Lafayette, IN $ 359,000
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525 S 3rd Street
$ 359,000
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525 S 3rd Street

Lafayette, IN, 47905
$ 359,000
Bedrooms6 Baths6.2 Sq 2,280

Monthly Estimate*

$ 2,480

525 S 3rd Street, Lafayette, IN 47905 - Image 1
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Single Family Home for sale in Lafayette, IN

for $359,000 with 6 bedrooms and 6 full baths, 2 half baths. This 2,280 square foot home was built in 1921 on a lot size of 0.15.

Great investment opportunity in a growing section of Downtown Lafayette! This 4-unit multifamily property features two 2-bedroom units and two 1-bedroom units, with three units currently vacant and available for new tenants. With projected gross rents of approximately $3,595 per month ($43,140 annually), investors have an opportunity to establish new leases at market rates and maximize the property's income potential. Recent updates to the roof, gutters, and interiors of 3/4 units, there is a solid foundation for long-term ownership, while the mix of tenant- and landlord-paid utilities offers additional opportunities to improve operating performance. Conveniently located near downtown shopping, dining, and entertainment, this property offers an attractive opportunity for investors looking to expand their multifamily portfolio.

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Single Family Active

Price

$ 359,000

Bedrooms

6

Full Bath

6

Half Bath

2

Property Type

Single Family

Taxes

$ 5,204

Style

Lot Size

0.15

Year Built

1921

Town/City

Lafayette

County/Region

Tippecanoe

MLS | Web ID

202645678
Features
General
Sewer City
Heating Forced Air
Kitchen Level Main
Cooling Wall AC Window Multiple Cooling Units
Laundry Y/N N/A
Fireplaces No
Amenities Dryer Hook Up Electric Porch Covered
Status Active Active
Full Baths 6
Half Baths 2
Bathrooms 8
Year Built 1921
New Construction No
Subdivision None
Style Two Story
Township Fairfield
Class RESIDENTIAL
Type Site-Built Home
Age 105
REO No
Status Detail 0
Area Tippecanoe County
Location City/Town/Suburb
High School Jefferson
City Lafayette
School District Lafayette
Architectural Style Other
Total Sq Ft 2730
Elementary School Thomas Miller
Middle School Sunnyside/Tecumseh
Legal Description ROMIGS ADDN LOT 15
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202645678
Agent First Name Steven
Agent Last Name Childers
DOM 1
Tax Year 2026
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Interior
Basement Partial Basement
Flooring Carpet Vinyl
Beds 6
Total Rooms 14
Fireplace None
Family Room Width 12
Living Room Width 12
Family Room Length 12
Living Room Length 12
Full Baths Main 4
Full Baths Upper 2
Above Grade Bedrooms 6
Below Grade Baths 0
Below Grade Bedrooms 0
Full Baths Below Grade 0
Half Baths Below Grade 0
Half Baths Main 0
Half Baths Upper 2
1st Bedroom Level Main
1st Bedroom Width 10
2nd Bedroom Length 12
2nd Bedroom Level Upper
2nd Bedroom Width 10
3rd Bedroom Length 10
3rd Bedroom Level Upper
3rd Bedroom Width 10
4th Bedroom Length 10
4th Bedroom Level Upper
4th Bedroom Width 10
5th Bedroom Length 10
5th Bedroom Level Upper
5th Bedroom Width 10
Basement Material Block
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Exterior
Exterior Vinyl
Pool No
Lot Size Area 6534
Lot Dimensions 50x130
Lot Description Level
Fence None
Waterfront Y/N No
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* Excluded Features
List By
Steven Childers

Listing Agent

Keller Williams Lafayette

Broker

shane@childerscre.com

Email

Affordability Calculator

$2,913
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,480
Monthly Property Taxes
$434
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1237225 Elementary School
1413940 Middle School
Jefferson High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/5/2026$359,000 Listed Price

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525 S 3rd Street, Lafayette, IN, 47905 is a Single Family Home for sale at $359,000 with 2,280 sqft and a lot size of 0.15. 525 S 3rd Street has 6 bedrooms, 6.2 baths, and was built in 1921. The property's zip code is 47905 which is in Lafayette, IN

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