
2507 N 19th St Lafayette, IN 47904
Monon NeighborhoodEstimated payment $1,777/month
About This Home
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 $1,500/month Combined projected monthly income is $2,750, offering immediate cash flow. Both units have been updated and are currently occupied, minimizing upfront costs for investors. Additional highlights: Built-in mid 1900s On-street and rear alley parking options Located near major commuter routes and within the Lafayette School District Close proximity to local amenities, employment centers, and Purdue University, enhancing rental appeal With a price of $315,000 and a low annual property tax ($2,770 in 2024), this property is ideal for investors seeking stable returns in a high-demand rental market. Showings require 24-hour notice. Property sold as-is.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,770
Year Built
- Built in 1900
Home Design
- Duplex
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Schools
- Lafayette Tecumseh Jr High Middle School
- Lafayette Sunnyside Intermediate
Additional Features
- 2-Story Property
- 7,950 Sq Ft Lot
- Central Air
- Basement
Listing and Financial Details
- Tax Lot 71,72
- Assessor Parcel Number 790716825016000004
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,770 | $138,500 | $10,000 | $128,500 |
2023 | $2,196 | $109,800 | $10,000 | $99,800 |
2022 | $2,142 | $107,100 | $10,000 | $97,100 |
2021 | $2,100 | $105,000 | $10,000 | $95,000 |
2020 | $1,750 | $87,500 | $10,000 | $77,500 |
2019 | $1,750 | $87,500 | $10,000 | $77,500 |
2018 | $1,750 | $87,500 | $10,000 | $77,500 |
2017 | $1,704 | $85,200 | $10,000 | $75,200 |
2016 | $1,688 | $84,350 | $10,000 | $74,350 |
2014 | $1,600 | $80,000 | $10,000 | $70,000 |
2013 | $1,492 | $74,600 | $10,000 | $64,600 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/11/2025 07/11/25 | Price Changed | $280,000 | -6.6% | -- |
05/15/2025 05/15/25 | Price Changed | $299,900 | -4.8% | -- |
04/22/2025 04/22/25 | For Sale | $315,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $240,000 | New Conventional | |
Previous Owner | $52,000 | Commercial |
Similar Home in Lafayette, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22034051

APN: 79-07-16-825-016.000-004
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