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Lafayette, IN Multifamily Homes & Duplexes for Sale

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  • /20

    $400,000

    • 6 Beds
    • 4 Baths
    • 2,280 Sq Ft

    525 S 3rd St, Lafayette, IN 47905

    Turnkey 4-unit income property in a growing section of Downtown Lafayette. This fully occupied building includes two 2-bedroom units and two 1-bedroom units, generating $4,000/month in gross rents with a mix of tenant and landlord-paid utilities. Recent updates will reduce maintenance concerns and provide a solid foundation for long-term returns. With one lease ready for renewal in the coming

    Shane Childers Keller Williams Lafayette

    525 S 3rd St, Lafayette, IN 47905
  • /45

    $279,900

    • 2 Beds
    • 2 Baths
    • 1,065 Sq Ft

    5127 Old Us Highway 231 S, Lafayette, IN 47909

    This 2-bedroom, 2- full bathroom brick ranch home on .45 acres is now available! It has just over 2000 sq ft with approximately 1065 sq ft on the main level, and a full basement that is partially finished, which would be a perfect rec room for entertaining. Beautiful wood floors through the great room and bedrooms. Open concept kitchen with stainless steel appliances. Main bedroom has en suite

    Patrick McFadden Base Camp Country Real Estate

    5127 Old Us Highway 231 S, Lafayette, IN 47909
  • /29

    $215,000

    • 6 Beds
    • 2 Baths
    • 3,060 Sq Ft

    519 N 11th St, Lafayette, IN 47904

    Exciting investment opportunity awaits you in a prime downtown location, with just a short commute to Purdue University! This impressive duplex features two generous units, each offering three spacious bedrooms, a full bath, in-unit washer/dryer, and basement access. Enjoy the serene private patio, complete with a new privacy fence, and benefit from off-street parking with a large lot at the

    Tabitha Casto TruVant Realty

    519 N 11th St, Lafayette, IN 47904
  • /31

    $349,900

    • 3 Beds
    • 2 Baths
    • 1,360 Sq Ft

    110 S 16th St, Lafayette, IN 47905

    MOTIVATED SELLER! Live, work, and invest-all in the same property! The possibilities are endless with this rare opportunity to own a well-established lawn mower repair shop along with 2 rental units. Use your business savvy to bring out the full potential in this property. Unit 1 is a 1 bedroom efficiency,that has rented for $600 monthly. Unit 2 is a 3 bedroom, 1 bathroom space with washer/dryer

    Jessica Collaco Keller Williams Lafayette

    110 S 16th St, Lafayette, IN 47905
  • /10

    $244,000

    • 4 Beds
    • 2 Baths
    • 2,246 Sq Ft

    205 S 6th St, Lafayette, IN 47901

    This well-maintained duplex is located in the desirable historic district of Lafayette, IN. Each unit offers 2 bedrooms and 1 bathroom, providing comfortable living space with charming architectural details. Just minutes from downtown, Purdue University, and local amenities, the location is ideal for attracting long-term tenants or short-term renters. With strong rental potential and a steady

    Travis Meyer Keller Williams Lafayette

    205 S 6th St, Lafayette, IN 47901
  • /36

    $225,000

    • 4 Beds
    • 4 Baths
    • 1,822 Sq Ft

    1724 Main St, La Fayette, IN 47904

    Office building, attached with a small apartment. parking in the rear.

    Xia Lin Keller Williams Lafayette

    1724 Main St, La Fayette, IN 47904
  • /35

    $299,900

    • 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

    $194,900

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

    1602 Grove St, Lafayette, IN 47905

    MOTIVATED SELLER! 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

    Jessica Collaco Keller Williams Lafayette

    1602 Grove 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
  • /20

    $165,000

    • 3 Beds
    • 2 Baths

    1118 S 2nd St, Lafayette, IN 47905

    This duplex investment property offers a fantastic opportunity with one side currently rented, unit 1 with a long-term tenant. Unit 1 offers 2 beds/1 bath, a spacious living room, separate dining area, a covered porch in addition to the front porch and a large, fenced yard. Unit 2 which was remodeled in 2023, offers 1 bed/1 bath, roomy living room and a private entrance with off road parking.

    Lisa Robinson Keller Williams Indy Metro NE

    1118 S 2nd St, Lafayette, IN 47905

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
$216,000
Median Single Family Sale Price
$219,900
Median Townhouse Sale Price
$219,975
Median 2 Bedroom Sale Price
$156,000
Median 1 Bedroom Sale Price
$170,000
Average Price Per Sq Ft
$145
Number of Homes for Sale
98
Last 12 months Home Sales
594
Months of Supply
2.00
Median List Price
$224,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
8%
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