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Lafayette, IN Multifamily Homes & Duplexes for Sale

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  • /34

    $359,900

    • 4 Beds
    • 4 Baths
    • 2,832 Sq Ft

    1831 N 13th St, Lafayette, IN 47904

    Excellent investment opportunity. Rents total $3600 per month. Located in quiet area. Two spacious units, both with two bedrooms and two baths. Upstairs unit includes an additional loft space. Both units contain washer and dryer in unit. Updates in past two years include new flooring in the upstairs unit, new dishwasher and new refrigerator in upstairs unit. Spacious detached two car garage can

    Lynn Beckham Keller Williams Lafayette

    1831 N 13th St, Lafayette, IN 47904
  • /33

    $199,900

    • 2 Beds
    • 2 Baths
    • 1,820 Sq Ft

    1602 Grove St, Lafayette, IN 47905

    LOCATION, LOCATION, LOCATION! With a little love, this duplex is be a great investment. Both units are 1 bed and 1 bath and the lower unit has a washer/dryer hook up. Owner occupied options are also available. 3 car garage can be rented out as extra income, or use it for your own storage! Walkable to downtown and close to the bus stop, this duplex could be the start of your rental portfolio!

    Jessica Collaco Keller Williams Lafayette

    1602 Grove St, Lafayette, IN 47905
  • /36

    $299,000

    • 4 Beds
    • 4 Baths
    • 1,820 Sq Ft

    513 Dorsett Dr, Lafayette, IN 47909

    Fantastic opportunity to own a well-kept single-story duplex on Lafayette’s near south side, close to schools, shopping, dining, and everyday conveniences. Each side of this property features 2 bedrooms and 2 full baths, offering comfortable and functional layouts that attract long-term tenants and make it an excellent addition to your portfolio. Inside, the living rooms feel spacious and

    Eric Seymour BerkshireHathaway HS IN Realty

    513 Dorsett Dr, Lafayette, IN 47909
  • /14

    $239,000

    • 4 Beds
    • 2 Baths
    • 1,536 Sq Ft

    1401 Washington St, Lafayette, IN 47905

    A gorgeous 4-bedroom, 2-bath duplex just 8 minutes from Purdue. The balcony has a captivating view of the Purdue campus. Lower unit rented at $1,000/month; upper unit vacant—ready to lease or move into. Strong rental demand in Lafayette makes this a prime portfolio addition. Projected rent $2,000–$2,200/month when fully occupied. Great opportunity for cash flow and appreciation. Unit B is rented

    Shawn Kermani Summerland Realty Group, LLC

    1401 Washington St, Lafayette, IN 47905
  • /16

    $119,000

    • 1 Bed
    • 0.5 Baths
    • 1,600 Sq Ft

    1411 N 14th St, Lafayette, IN 47904

    Exciting commercial retail space is now available on the vibrant outskirts of downtown! This is a fantastic opportunity for any small business owner ready to establish their own unique space. The property boasts a 900 SF storefront along with an additional 700 SF garage perfect for storage or equipment needs. It includes 1 restroom, and there's even a delightful bonus storage area in the attic

    Tabitha Casto TruVant Realty

    1411 N 14th St, Lafayette, IN 47904
  • /36

    $260,000

    • 6 Beds
    • 3.5 Baths
    • 2,372 Sq Ft

    2507 N 19th St, Lafayette, IN 47904

    Exciting investment opportunity just minutes from downtown! This fully rented duplex, conveniently located off Schuyler Avenue, offers easy access to Highway 52 and I-65 for effortless commuting to Indianapolis or Chicago. Each unit features 3 bedrooms, 2 bathrooms, and in-unit washer/dryer for added convenience. Tenants handle gas and electric, while paying a simple $50 flat rate for water each

    Tabitha Casto TruVant Realty

    2507 N 19th St, Lafayette, IN 47904
  • /10

    $240,000

    • 5 Beds
    • 2 Baths
    • 2,136 Sq Ft

    620 N 11th St Unit 22, Lafayette, IN 47904

    Both sides of this duplex are up to date! Don’t miss this opportunity—one side is already rented for $1,200/month, while the other is vacant and ready for you to place your own tenant.

    Jenny Sarti Raeco Realty

    620 N 11th St Unit 22, Lafayette, IN 47904
  • /11

    $565,000

    • 6 Beds
    • 6 Baths
    • 3,024 Sq Ft

    1201 Cincinnati St, Lafayette, IN 47904

    This charming six-unit building offers a fantastic investment opportunity in Lafayette! In addition to its attractive corner-lot location, which is a short distance to Purdue University and downtown amenities, this property presents six spacious 1-bedroom units that have had several updates within the past two years along with a large private parking lot for tenants. Tenants are responsible for

    Audra Cannon CRM Properties, Inc

    1201 Cincinnati St, Lafayette, IN 47904

Why Live in Lafayette

Lafayette's cultural scene centers around Purdue University, where the Elliott Hall of Music hosts performances in one of the world's largest proscenium theaters. Nature enthusiasts will find diverse outdoor activities at Columbian Park Zoo, Prophetstown State Park, and along the 13-mile Wabash Heritage Trail. The dining landscape features upscale options like 8Eleven Modern Bistro in the Union Club Hotel and Bistro 501 in the historic downtown, alongside casual favorites such as Nine Irish Brothers and Triple XXX Family Restaurant.

The Lafayette housing market presents varied options across distinct neighborhoods. The median price for single family homes ranges from $183,300 in Historic Jefferson to $394,000 in Highland Park. Townhomes have a median price of $232,000, while one bedroom condos start at a median of $167,500. Two bedroom condos command a median price of $225,000.

Lafayette maintains a cost of living 5.4% below the national average. A family with school-age children needs approximately $100,000 annually to live comfortably, while renters require about $52,000. Property taxes stand at 0.62%, lower than Indianapolis at 0.93%. The state income tax rate is 3.00%, with an additional local rate of 1.28%.

The education system includes West Lafayette Junior/Senior High School, rated A+ by Niche, and William Henry Harrison High School, rated A. Private options include St. James Lutheran Elementary School and Central Catholic Jr. Sr. High School, both A-rated institutions. CityBus provides public transportation throughout Lafayette and West Lafayette, connecting residents to major employers like Purdue University, Subaru of Indiana Automotive, and Caterpillar Inc.

Home Trends in Lafayette, IN

Housing Trends

Median Sale Price
$215,500
Median Single Family Sale Price
$219,500
Median Townhouse Sale Price
$216,000
Median 2 Bedroom Sale Price
$174,000
Median 1 Bedroom Sale Price
$170,000
Average Price Per Sq Ft
$144
Number of Homes for Sale
88
Last 12 months Home Sales
592
Months of Supply
1.80
Median List Price
$220,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
10%
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