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    • Price cut: $5K (6/5)
    $165,000

    1118 S 2nd St, Lafayette, IN 47905

    3beds
    1,184sqft
    : 
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    Duplex
    Built in 1935
    -- sqft lot
    $157,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Updated flooringNewer appliancesFresh paint
    Investment opportunity with immediate income! This well-maintained duplex at 1118 S. 2nd Street currently generates $1,875 per month in rental income ($775 and $1,100), offering immediate cash flow with long-term tenants already in place. One unit has been recently remodeled with updated flooring, fresh paint, and newer appliances, while the second unit provides stable occupancy with established tenants. A detached garage assigned to the front unit adds additional value and tenant convenience. Conveniently located just minutes from Purdue University, downtown Lafayette, shopping, dining, parks, and major employers, this property offers easy access to many of the area's most desirable destinations. This duplex offers an excellent opportunity for investors looking to expand their portfolio or for owner-occupants interested in offsetting their mortgage with rental income. With strong rental demand in the area and potential for future appreciation, this property offers both dependable income today and upside for tom
    76 days
    |
    1,291
    |
    80
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Anthony Jennings 765-418-8088,

    eXp Realty, LLC

    Source: IRMLS,MLS#: 202615379MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Baseboard
      Cooling
      • Window Unit(s)
      Features
      • Ceiling Fan(s)
      • Flooring: Laminate
      • Basement: Crawl Space,Unfinished
      Interior area
      • Total structure area: 1,680
      • Total interior livable area: 1,184 sqft
      • Finished area above ground: 1,184
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Detached
      • Garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck, Enclosed
      Lot
      • Size: 5,662 Square Feet
      • Dimensions: 114x50
      • Features: Level
      Details
      • Additional structures: None
      • Parcel number: 790729463006.000004

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Vinyl Siding, Wood Siding
      Condition
      • New construction: No
      • Year built: 1935

      Utilities & green energy

      • Sewer: City
      • Water: City

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: John Levering
      Location
      • Region: Lafayette

      Financial & listing details

      • Tax assessed value: $116,400
      • Annual tax amount: $1,453
      • Date on market: 4/28/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Inclusions: Building, Lease
      • Lease term: Month To Month
      • Total actual rent: 22500
      • Tenant pays: Electricity

        Estimated market value

        $157,700

        $150,000 - $166,000

        $1,268/mo

        Price history

        DateEventPrice
        6/5/2026Price change$165,000-2.9%
        Source: IRMLS #202615379 Report a problem
        5/21/2026Listed for sale$170,000
        Source: IRMLS #202615379 Report a problem
        5/18/2026Pending sale$170,000
        Source: IRMLS #202615379 Report a problem
        5/12/2026Listed for sale$170,000$144/sqft
        Source: eXp Realty #202615379 Report a problem
        5/4/2026Contingent$170,000$144/sqft
        Source: eXp Realty #202615379 Report a problem
        4/28/2026Listed for sale$170,000+3%
        Source: IRMLS #202615379 Report a problem
        12/1/2025Listing removed$165,000$139/sqft
        Source: MIBOR as distributed by MLS GRID #22043124 Report a problem
        9/19/2025Price change$165,000-8.3%$139/sqft
        Source: MIBOR as distributed by MLS GRID #22043124 Report a problem
        7/29/2025Price change$179,900-2.8%$152/sqft
        Source: MIBOR as distributed by MLS GRID #22043124 Report a problem
        6/25/2025Listed for sale$185,000$156/sqft
        Source: MIBOR as distributed by MLS GRID #22043124 Report a problem
        6/9/2025Pending sale$185,000$156/sqft
        Source: MIBOR as distributed by MLS GRID #22043124 Report a problem
        6/5/2025Listed for sale$185,000+20.9%$156/sqft
        Source: MIBOR as distributed by MLS GRID #22043124 Report a problem
        12/7/2023Sold$153,000-12.6%
        Source: IRMLS #202341201 Report a problem
        11/16/2023Pending sale$175,000
        Source: IRMLS #202341201 Report a problem
        11/9/2023Listed for sale$175,000+110.8%
        Source: IRMLS #202341201 Report a problem
        7/28/2023Sold$83,000+10.7%
        Source: IRMLS #202324373 Report a problem
        7/14/2023Pending sale$75,000
        Source: IRMLS #202324373 Report a problem
        7/13/2023Listed for sale$75,000
        Source: IRMLS #202324373 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,453 +54.5%$116,400 -0.9%
        2024$941 -35.5%$117,500 +54.4%
        2023$1,458 +5.9%$76,100 +4.5%
        2022$1,377 +0%$72,800 +6%
        2021$1,377 0%$68,700
        2020$1,378 +3%--
        2019$1,338 -33.8%$68,700 +3%
        2018$2,021 +54.6%$66,700 +2.8%
        2017$1,307 $64,900 -0.5%
        2016$1,307 +4.9%$65,200 +7.6%
        2014$1,247 +12.6%$60,600 +9.8%
        2013$1,107 $55,200 -2%
        2012-- $56,300 +431.1%
        2011-- $10,600 -79.2%
        2010-- $51,000 -21.3%
        2009$2,669 $64,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 47905

        Getting around

        45 / 100
        Car-Dependent
        33 / 100
        Some Transit
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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