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Monon Multifamily Home for Sale

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    $280,000

    • 6 Beds
    • 2 Baths

    2507 N 19th St, Lafayette, IN 47904

    Investor Opportunity in Lafayette, IN - Updated Duplex with Strong Cash Flow Located on the north side of Lafayette, this fully updated duplex presents a turnkey rental opportunity with strong income potential. The property includes two spacious units: Unit 1: 3 beds, 1.5 baths, approx. 1,472 sq ft, projected rent $1,250/month Unit 2: 3 beds, 2 baths, approx. 1,500 sq ft, projected rent

    Jacob Hemrick Hemrick Property Group Inc.

    2507 N 19th St, Lafayette, IN 47904

Why Live in Monon

Monon, a neighborhood in Lafayette, features single and multi-family homes, many of which date back to the late 19th and early 20th centuries. These homes range from minimalist, boxy bungalows to traditional bungalows with overhanging roofs, and worker's cottages with tall, narrow silhouettes and steeply-gabled roofs. The Monon Neighborhood Coalition fosters community spirit with regular block parties and events at local venues like Mount Hope Church and McAllister Rec Center, which also hosts annual events such as the Father-Daughter Dance and July Spray Day. Jefferson High School, a highly rated institution, serves the area. Schuyler Avenue, the neighborhood's southern border, is a commercial strip with local favorites like Magoo's Pub and Pizza and People's Brewing Company and Taproom. For groceries, residents head to Pay Less, located 1.5 miles south. Monon is 2.5 miles north of downtown Lafayette, with Schuyler Ave connecting to North 18th Street for easy access to the city center. The neighborhood is within walking distance of several amenities, although sidewalks are not always present. McAllister Park, just west of the neighborhood, offers 280 acres of walking trails and a model airplane field. Monon has a crime rate that is lower than the national average, making it a safer place to live.

Home Trends in Monon, IN

Housing Trends

Median Sale Price
$374,000
Median Single Family Sale Price
$374,000
Average Price Per Sq Ft
$220
Number of Homes for Sale
2
Last 12 months Home Sales
7
Months of Supply
3.40
Median List Price
$335,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-42%
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