$275,000

Estimated payment $1,738/month

Total Views 121
6 Beds
2 Baths
1,936 Sq Ft
$142 Price per Sq Ft

Highlights

  • Laundry closet
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Luxury Vinyl Tile Flooring
  • Level Lot

About This Home

Welcome to 1029 N 7th St in Lafayette, Indiana—an excellent duplex investment or house-hacking opportunity in a convenient northside location. Built in 2000, this well-maintained and updated property features two spacious units, each offering 3 bedrooms and 1 bathroom with functional layouts and modern updates throughout. Both sides have been cared for and improved over time, providing a truly turnkey, cash-flowing investment with minimal deferred maintenance. For owner-occupants, this property offers the ideal opportunity to live in one unit while renting the other to offset your mortgage. With strong rental demand in the area and solid construction, this duplex is a great addition to any investor’s portfolio or a smart entry point into multifamily ownership. This property can be purchased individually or as part of a three-property portfolio including 723 S 5th and 1829 Greenbush. Please provide at least 24-hour notice for all showings. All square footage figures are approximate; buyer to verify.

Listing Agent

Jason Conley

Raeco Realty Listed on: 12/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,510

Year Built

  • Built in 2000

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x132
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Poured Concrete
  • Shingle Roof
  • Block Exterior
  • Vinyl Construction Material

Interior Spaces

  • 1,936 Sq Ft Home
  • 1-Story Property
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer Hookup

Parking

  • 4 Parking Spaces
  • Private Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Edgelea Elementary School
  • Sunnyside/Tecumseh Middle School
  • Jefferson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for lawn maintenance, maintenance, snow removal, sewer, tax, trash collection, water
  • Assessor Parcel Number 79-07-20-260-008.000-004

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $126
  • Insurance Expense $2,000
  • Maintenance Expense $6,595
  • Water Sewer Expense $1,558

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,510

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 2000
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: CABOT & HUNTINGTON ADDN LOT 56
  • Parcel Number ID: 79-07-20-260-008.000-004
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Ready, Countertops-Laminate, Water Heater Electric, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 1936
  • Total Finished Sq Ft: 1936
  • Above Grade Finished Sq Ft: 1936
  • Basement Foundation: Slab
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl Tile
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Block, Vinyl
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Off Street, Paved, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Annual Fuel Expense: 126.44
  • Annual Insurance Expense: 2000
  • Annual Maintenance Expense: 6594.77
  • Annual Water Sewer Expense: 1558.02
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Edgelea

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x132
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Maintenance, Snow Removal, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating

Tax Info

  • Annual Property Tax: 3510

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2

MLS Schools

  • High School: Jefferson
  • Middle School: Sunnyside/Tecumseh
  • School District: Lafayette

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,510 $175,500 $13,000 $162,500
2023 $2,408 $120,400 $13,000 $107,400
2022 $2,350 $117,500 $13,000 $104,500
2021 $2,304 $115,200 $13,000 $102,200
2020 $2,208 $110,400 $13,000 $97,400
2019 $2,208 $110,400 $16,300 $94,100
2018 $2,208 $110,400 $16,300 $94,100
2017 $2,134 $106,700 $16,300 $90,400
2016 $2,102 $105,060 $16,300 $88,760
2014 $2,034 $101,700 $16,300 $85,400
2013 $1,914 $95,700 $16,300 $79,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2025 12/18/25 For Sale $275,000 +685.7% $142 / Sq Ft
12/19/2013 12/19/13 Sold $35,000 -22.2% $18 / Sq Ft View Prior Sale
11/11/2013 11/11/13 Pending -- -- --
10/07/2013 10/07/13 For Sale $45,000 -- $23 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $45,000 New Conventional
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202549232

Indiana Regional MLS

APN: 79-07-20-260-008.000-004