Lafayette, IN 47901 1421 South Street
$244,900
5 more
Presented By: Calvin Dykhuizen with Trueblood Real Estate; Agt: 765-426-3928
Beds • 3
Baths • 3
SQFT • 2,232
Home Details
This updated 3-unit property at 1421 South Street in Lafayette is a fantastic investment opportunity, ideally located just minutes from downtown Lafayette and Purdue University. Each of the three units features 1 bed and 1 bath, with a total rental income of $2,300 per month. The property has been recently renovated with new siding, roof, windows, and gutters, ensuring long-term durability and low maintenance. Its close proximity to downtown’s shops, restaurants, and entertainment, along with easy access to Purdue University, makes it a highly desirable location for tenants. With steady rental income and a prime location, this property is an excellent addition to any real estate portfolio.
Presented By: Calvin Dykhuizen with Trueblood Real Estate; Agt: 765-426-3928
Interior Features for 1421 South Street
Bedrooms
Num. of 1 Bedrooms3
Num. of 2 Bedrooms0
Num. of 3 Bedrooms0
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms1
Unit 2-# of Bedrooms1
Unit 3-# of Bedrooms1
Above Grade Bedrooms3
Beds3
Below Grade Bedrooms
Bathrooms
Unit 1-# of Bathrooms1
Unit 2-# of Bathrooms1
Unit 3-# of Bathrooms1
Below Grade Baths
Other Interior Features
Unit 3 SqFt744
Unit 1 SqFt744
Unit 2 SqFt744
Total Finished SqFt2232
Basement Y/NNo
Above Grade Finished SqFt2232
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt1464
Num. of Efficiencies0
BasementUnfinished
Basement MaterialBrick
Dishwasher(s)
Disposal(s)
Dryer(s)
FlooringVinyl Tile
Microwaves
Ranges/Ovens3
Refrigerators3
Total Number of Units3
W/D Hookups1
Washers
Other Rooms
Total Rooms Below Grade1
General for 1421 South Street
# of Buildings1
Age115
Agent First NameCalvin
Agent Last NameDykhuizen
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense1200
Annual Trash Expense
Architctural StyleTraditional
AreaTippecanoe County
Assoc. Dues FrequencyNot Applicable
Associated Document Count1
Auction Y/NNo
Bathrooms3
CityLafayette
ClassINVESTMENT
CoolingWindow
DOM78
Elementary SchoolThomas Miller
FIPS Code18157
FeaturesCeiling Fan, Cable Ready
Full Baths3
Half Baths
HeatingGas, Forced Air
High SchoolJefferson
Legal DescriptionOAKLAND ADD 30 FT E SIDE LOT 5& 2 FT 10 IN W SIDE LOT 6
LocationCity/Town/Suburb
Middle SchoolSunnyside/Tecumseh
Net Income22290
New ConstructionNo
OwnerPaysSewer, Trash Collection, Water
ParkingOff Street, Street
Pet Restrictions Y/NNo
REONo
Rent Income27600
School DistrictLafayette
SewerCity
StatusActive
StatusActive
Status Detail0
Stories2
StyleTwo Story
SubdivisionNone
Tax Year2025
Tenant PaysCable, Cooling, Electric, Fuel, Heating
Total Sq Ft3696
TownshipFairfield
TypeTriplex
Virtual TourClick here
Year Built1910
Exterior for 1421 South Street
Approx. Lot Size Acres0.096
DrivewayGravel
ExteriorVinyl
FenceNone
Lot DescriptionLevel
Lot Dimensions132 x 32
Lot Size Area4182
Number of Parking Spaces3
OutbuildingNone
PoolNo
ROOF MATERIALShingle
Water Meters1
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Jefferson High School
Elementary School
Thomas Miller Elementary School
Middle School
Sunnyside/Tecumseh Middle School
Joanie Sulivan
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License #543277