Turnkey investment opportunity just minutes from Downtown Lafayette and Purdue University! This well-maintained historic duplex was cared for by an owner-occupant for a number of years. It features approximately 2,800 square feet across two spacious units, both 2 bedrooms and 1 bath each. Fully leased with renewed tenant agreements through July 2027, this property offers immediate, dependable income and a proven rental history. Over the years, the owner has completed numerous quality improvements, including a newer roof, separate utilities, updated kitchens and baths, refinished hardwood floors, multiple HVAC and water heater replacements, and finished third-floor living space. Long-term tenants have consistently renewed their leases, reflecting the property's condition and desirability. Recent street improvements, including new pavement, sidewalks, and curbs, further enhance this convenient location just minutes from shopping, dining, downtown amenities, and Purdue University. A rare opportunity to acquire a well-maintained, fully occupied investment property.
Active under contract
$259,900
1014 Heath St, Lafayette, IN 47904
4beds
2,800sqft
Duplex
Built in 1901
-- sqft lot
$250,300 Zestimate®
$--/sqft
$-- HOA
What's special
Finished third-floor living spaceUpdated kitchens and bathsNewer roofRefinished hardwood floors
- 83 days
- 843
- 59
Zillow last checked:
Listing updated:
Listed by:
Scott M Brown Agt:765-714-1971,
Keller Williams Lafayette
Source: IRMLS,MLS#: 202622126
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, High Efficiency Furnace
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Gas Water Heater, Water Softener Owned
- Laundry: Washer Hookup
Features
- Ceiling Fan(s), Storage, Bookcases, Ceiling-9+, Walk-In Closet(s), Laminate Counters, Eat-in Kitchen, Entrance Foyer, Pantry, Wired for Data
- Flooring: Carpet, Concrete, Laminate, Wood, Tile, Vinyl
- Doors: Pocket Doors, Six Panel Doors, Storm Door(s), Storm Doors
- Windows: Storm Window(s), Storm Windows
- Basement: Crawl Space,Full,Brick
Interior area
- Total structure area: 3,650
- Total interior livable area: 2,800 sqft
- Finished area above ground: 2,800
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage, Off Street, Paved, On Street, Off Street Parking, Garage Door Opener, Garage Utilities, Concrete
- Garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Chair Rail
Features
- Levels: Three Story
- Stories: 3
- Patio & porch: Deck, Porch Covered
- Exterior features: Fire Pit
- Fencing: Full,Chain Link,Fenced
Lot
- Size: 6,102 Square Feet
- Dimensions: 130x50
- Features: Level, City/Town/Suburb, Near College Campus, Landscaped
Details
- Additional structures: None
- Parcel number: 790721106013.000004
- Zoning: B1,R2
- Zoning description: multi-family
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional,Victorian
- Property subtype: Duplex
Materials
- Aluminum Siding
- Foundation: Basement
- Roof: Shingle
Condition
- New construction: No
- Year built: 1901
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: CenterPoint Energy
- Sewer: City
- Water: City
- Utilities for property: Cable Connected
Green energy
- Energy efficient items: HVAC, Thermostat
Community & HOA
Community
- Features: Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: None
Location
- Region: Lafayette
Financial & listing details
- Tax assessed value: $197,500
- Annual tax amount: $1,975
- Date on market: 6/8/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Inclusions: Building, Land, Lease
- Lease term: 12 Months
- Total actual rent: 24300
- Tenant pays: Cable TV, Cooling, Electricity, Heating, Grounds Care, Snow Removal, Water Softener, Deposit Value
Estimated market value
$250,300
$238,000 - $263,000
$1,198/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Listed for sale | $259,900+126% |
Source:  IRMLS #202622126 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/16/2017 | Listing removed | $800 |
Source: Owner Report a problem | ||
| 6/15/2017 | Listed for rent | $800 |
Source: Owner Report a problem | ||
| 3/29/2012 | Sold | $115,000-7.9%$41/sqft |
Source: Agent Provided Report a problem | ||
| 2/4/2012 | Listed for sale | $124,900-0.8%$45/sqft |
Source: RE/MAX Lafayette Group #9953314 Report a problem | ||
| 12/3/2011 | Listing removed | $125,900$45/sqft |
Source: RE/MAX Lafayette Group #9946756 Report a problem | ||
| 8/6/2011 | Price change | $125,900-0.8%$45/sqft |
Source: RE/MAX Lafayette Group #9946756 Report a problem | ||
| 6/13/2011 | Price change | $126,900-1.6%$45/sqft |
Source: RE/MAX Lafayette Group #9946756 Report a problem | ||
| 8/25/2010 | Listed for sale | $128,900-0.5%$46/sqft |
Source: RE/MAX Lafayette Group #9946756 Report a problem | ||
| 7/17/2010 | Listing removed | $129,500$46/sqft |
Source: Coldwell Banker Shook #9940685 Report a problem | ||
| 2/20/2010 | Price change | $129,500-7.4%$46/sqft |
Source: Coldwell Banker Shook #9940685 Report a problem | ||
| 7/19/2009 | Listed for sale | $139,900$50/sqft |
Source: Shook #9940685 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,456 +19.5% | $197,500 +60.8% |
| 2024 | $2,056 +2.5% | $122,800 +19.5% |
| 2023 | $2,006 +2% | $102,800 +2.5% |
| 2022 | $1,966 +15% | $100,300 +2% |
| 2021 | $1,710 | $98,300 |
| 2020 | $1,710 | -- |
| 2019 | $1,710 +34.2% | $85,500 |
| 2018 | $1,274 +27.9% | $85,500 |
| 2017 | $997 | $85,500 +1% |
| 2016 | $997 +4.1% | $84,660 +5.2% |
| 2014 | $958 +10.3% | $80,500 +6.6% |
| 2013 | $868 | $75,500 -0.4% |
| 2012 | -- | $75,800 +70% |
| 2011 | -- | $44,600 -52.4% |
| 2010 | -- | $93,700 +10.9% |
| 2009 | $895 -27.9% | $84,500 -17% |
| 2008 | $1,241 -12.9% | $101,800 -1.9% |
| 2007 | $1,425 +10% | $103,800 +3.3% |
| 2006 | $1,296 -0.1% | $100,500 |
| 2005 | $1,297 +5.2% | $100,500 |
| 2004 | $1,233 +3% | $100,500 |
| 2003 | $1,197 +59.3% | $100,500 +166.6% |
| 2002 | $751 | $37,700 |
| 2001 | -- | $37,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Lincoln
Nearby schools
Schools provided by the listing agent
- Elementary: Thomas Miller
- Middle: Sunnyside/Tecumseh
- High: Jefferson
- District: Lafayette
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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