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  • $165,000

    1118 S 2nd St, Lafayette, IN 47905

    3beds
    1,184sqft
    Duplex
    Built in 1935
    -- sqft lot
    $165,100 Zestimate®
    $--/sqft
    $1,285 Estimated rent

    Home value

    $165,100

    $157,000 - $175,000

    $1,285/mo

    Zestimate® history
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    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

    Zillow last checked:

    Listing updated:

    Listed by:

    Anthony Jennings 765-418-8088,

    eXp Realty, LLC

    Bought with:

    Donovan Struthers, RB24001178

    Raeco Realty

    Source: IRMLS,MLS#: 202615379MLS Logo

    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

    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

    Price history

    DateEventPrice
    9/2/2026Sold$165,000
    Source: IRMLS #202615379 Report a problem
    7/16/2026Pending sale$165,000
    Source: IRMLS #202615379 Report a problem
    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

    Neighborhood: 47905

    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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    $165,100
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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    With Zillow Showcase(estimated)
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