This two-unit rental property in Lafayette offers a solid investment opportunity. Each unit features 2 bedrooms and 1 full bath, with washer/dryer hookups in one unit. Tenants already in place through June 2027, at $1,050 per month per unit, providing immediate rental income. Schedule a showing today to explore the potential of this income-producing property.
Active
Price cut: $14.9K (7/8)
$245,000
637 Park Ave, Lafayette, IN 47904
4beds
1,471sqft
:
Get pre-qualified$1,574/mo
Duplex
Built in 1901
-- sqft lot
$229,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 79 days |
- 286 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Cathy C Russell 765-426-7000,
@properties
Source: IRMLS,MLS#: 202617200
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Cooling
- None
Features
- Laminate Counters
- Flooring: Carpet, Vinyl Tile
- Basement: Unfinished
Interior area
- Total structure area: 2,149
- Total interior livable area: 1,471 sqft
- Finished area above ground: 1,471
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,484 Square Feet
- Dimensions: 45X80
- Features: Corner Lot, 0-2.9999
Details
- Additional structures: None
- Parcel number: 790728279022.000004
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl Siding
- Foundation: Basement
Condition
- New construction: No
- Year built: 1901
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: Belt RY
Location
- Region: Lafayette
Financial & listing details
- Tax assessed value: $114,900
- Annual tax amount: $2,300
- Date on market: 5/8/2026
- Listing terms: Cash,Conventional
- Inclusions: Building, Land, Lease
- Lease term: 12 Months
- Total actual rent: 25200
- Tenant pays: Cable TV, Deposit Value
Estimated market value
Zestimate®
$229,300
Estimated sales range
$218,000 - $241,000
Rent Zestimate®
$1,227/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Price change | $245,000-5.7% |
Source: | ||
| 5/8/2026 | Listed for sale | $259,900-5.5% |
Source: | ||
| 4/4/2026 | Listing removed | $275,000 |
Source: | ||
| 12/20/2025 | Listed for sale | $275,000+33.5% |
Source: | ||
| 11/27/2023 | Sold | $206,000-8.4% |
Source: | ||
| 10/30/2023 | Pending sale | $225,000 |
Source: | ||
| 10/20/2023 | Listed for sale | $225,000+63.6% |
Source: | ||
| 4/4/2023 | Sold | $137,500-5.2% |
Source: | ||
| 3/22/2023 | Pending sale | $145,000 |
Source: | ||
| 3/17/2023 | Price change | $145,000-12.1% |
Source: | ||
| 3/7/2023 | Listed for sale | $165,000+451.8% |
Source: | ||
| 6/9/2010 | Listing removed | $29,900$20/sqft |
Source: Zook Realty GMAC Real Estate #9945311 Report a problem | ||
| 5/20/2010 | Listed for sale | $29,900-39.1%$20/sqft |
Source: Systems Engineering, Inc. #19879 Report a problem | ||
| 4/13/2010 | Sold | $49,125$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,300 +59.1% | $129,900 +13.1% |
| 2024 | $1,446 -0.1% | $114,900 +59.1% |
| 2023 | $1,446 -0.1% | $72,200 |
| 2022 | $1,447 +0% | $72,200 |
| 2021 | $1,447 | $72,200 |
| 2020 | $1,447 -0.1% | -- |
| 2019 | $1,449 +0% | $72,200 |
| 2018 | $1,448 +1.2% | $72,200 |
| 2017 | $1,431 | $72,200 +1.1% |
| 2016 | $1,431 +2.5% | $71,440 +5.4% |
| 2014 | $1,397 +9% | $67,800 +6.1% |
| 2013 | $1,282 | $63,900 -21.3% |
| 2012 | -- | $81,200 +549.6% |
| 2011 | -- | $12,500 -83.4% |
| 2010 | -- | $75,400 -10.1% |
| 2009 | $6,910 +285% | $83,900 -0.9% |
| 2007 | $1,795 +10.3% | $84,700 |
| 2006 | $1,627 +2.1% | $84,700 |
| 2005 | $1,593 | $84,700 |
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.Climate risks
Neighborhood: Columbian Park
Nearby schools
GreatSchools rating
- 3/10Lafayette Sunnyside Middle SchoolGrades: 5-6Distance: 0.8 mi
- 4/10Lafayette Tecumseh Jr High SchoolGrades: 7-8Distance: 1 mi
- 3/10Jefferson High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Oakland
- 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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