Closed

$320,000

1318 South St, Lafayette, IN 47901

4beds

2,568sqft

Quadruplex

Built in 1890

-- sqft lot

$-- Zestimate^®

$--/sqft

$1,738 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,738/mo

Zestimate^® history

Owner options

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$1,913/mo

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$1,913/mo

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What's special

Ample off-street parking

Investment opportunity in a prime location! This 4-unit multi-family property offers excellent investment potential. Located in a desirable neighborhood near downtown Lafayette and Purdue University, this property boasts strong rental demand and stable income. Property highlights include; three of the four units recently renovated, providing modern and comfortable living spaces for tenants, potential value-add with an unfinished walk up attic that offers potential for additional living space or storage, ample off-street parking for residents and guests, and a convenient on-site coin operated laundry facility for tenants and additional revenue. The property’s proximity to downtown Lafayette and Purdue University ensures consistent and strong rental income. Don't miss this opportunity!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Gas Water Heater

Features

Ceiling Fan(s), Storage, Entrance Foyer
Flooring: Carpet, Laminate, Vinyl
Basement: Full,Unfinished,Block,Sump Pump
Attic: Walk-up

Interior area

Total structure area: 2,568
Total interior livable area: 2,568 sqft
Finished area above ground: 2,568
Finished area below ground: 0

Property

Parking

Total spaces: 5
Parking features: Off Street, Private, On Street, Off Street Parking, Concrete, Stone
Has uncovered spaces: Yes

Features

Levels: Three Story
Stories: 3
Fencing: None

Lot

Size: 6,316 Square Feet
Dimensions: 50x126
Features: 0-2.9999, City/Town/Suburb, Near College Campus, Historic District, Landscaped

Details

Additional structures: None
Parcel number: 790721365007.000004

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Vinyl Siding, Wood Siding
Foundation: Basement
Roof: Asphalt,Shingle

Condition

New construction: No
Year built: 1890

Utilities & green energy

Electric: Duke Energy Indiana
Gas: CenterPoint Energy
Sewer: City
Water: City
Utilities for property: Cable Connected

Community & HOA

Community

Features: Laundry Facilities
Security: Smoke Detector(s)
Subdivision: None

Location

Region: Lafayette

Financial & listing details

Tax assessed value: $190,000
Annual tax amount: $2,618
Date on market: 11/20/2024
Listing terms: Cash,Conventional
Inclusions: Building, Land, Lease
Lease term: 12 Months
Total actual rent: 38700
Tenant pays: Cable TV, Cooling, Electricity, Heating

Price history

Date	Event	Price
12/18/2024	Sold	$320,000+3.3%
Source: IRMLS #202444799 Report a problem
11/22/2024	Pending sale	$309,900
Source: IRMLS #202444799 Report a problem
11/20/2024	Listed for sale	$309,900+113.7%
Source: IRMLS #202444799 Report a problem
1/16/2018	Listing removed	$550
Source: Mirus PMG Report a problem
1/12/2018	Listed for rent	$550
Source: Mirus PMG Report a problem
3/17/2017	Listing removed	$145,000$56/sqft
Source: Coldwell Banker Shook #201709750 Report a problem
3/10/2017	Listed for sale	$145,000+20.9%$56/sqft
Source: Coldwell Banker Shook #201709750 Report a problem
7/18/2015	Listing removed	$119,900$47/sqft
Source: Owner Report a problem
5/19/2015	Listed for sale	$119,900-14.3%$47/sqft
Source: Owner Report a problem
9/17/2012	Listing removed	$139,900$54/sqft
Source: Coldwell Banker Shook #9954086 Report a problem
8/23/2012	Price change	$139,900-6.7%$54/sqft
Source: Coldwell Banker Shook #9954086 Report a problem
6/27/2012	Price change	$149,900-6.3%$58/sqft
Source: Coldwell Banker Shook #9954086 Report a problem
3/20/2012	Price change	$159,900-3.1%$62/sqft
Source: Coldwell Banker Shook #9954086 Report a problem
2/14/2012	Listed for sale	$165,000$64/sqft
Source: Owner Report a problem
8/16/2011	Listing removed	$165,000$64/sqft
Source: Owner Report a problem
8/3/2011	Price change	$165,000-90%$64/sqft
Source: Owner Report a problem
7/28/2011	Listed for sale	$1,650,000$643/sqft
Source: Reachoo LLC Report a problem