605 N 7th Street Lafayette, IN ^$ 549,000

605 N 7th Street

^$ 549,000

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605 N 7th Street

Lafayette, IN, 47905

^$ 549,000

Bedrooms5 Baths4.0 Sq 3,000

Monthly Estimate*

^$ 3,835

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Multi-Family Home for sale in Lafayette, IN

for $549,000 with 5 bedrooms and 4 full baths. This 3,000 square foot home was built in 1975.

Fully renovated downtown duplex or single family home. 2 years proven Airbnb income history.

Multi-Family Pending

Price

^$ 549,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,760

Style

Contemporary

Year Built

1975

Town/City

Lafayette

County/Region

Tippecanoe

MLS | Web ID

202410125

Features

General

Heating Conventional

Cooling Central Air

Sewer City

Pool Y/N No

Status Pending Pending

Full Baths 4

Half Baths 0

Bathrooms 4

Year Built 1975

Parking Gravel Off Street

New Construction No

Tenant Pays Deposit Value

Subdivision None

Style Attached

Stories 1

Township Fairfield

Class INVESTMENT

Type Duplex

Age 49

Net Income 34239.78

Rent Income 37000

Features Off Street Parking

REO No

Area Tippecanoe County

Location City/Town/Suburb

High School Jefferson

City Lafayette

School District Lafayette

Energy Efficient Appliances Electrical/Lighting HVAC Insulation Roofing Thermal Storage/ETS

Architctural Style Contemporary

Total Sq Ft 3000

Street Name 7th

Elementary School Murdock

Middle School Sunnyside/Tecumseh

Legal Description NAGEL SD LOT 2

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202410125

Agent First Name Kelli

Agent Last Name Cornelius

DOM 12

Tax Year 2024

Interior

Basement Slab

Flooring Concrete

HVAC Ceiling Fan HVAC (16 Seer+)

Beds 5

Total Number of Units 2

Microwaves 1

Refrigerators 2

Washers 2

Dryer(s) 2

Dishwasher(s) 0

Disposal(s) 1

Above Grade Bedrooms 5

Below Grade Baths 0

Below Grade Bedrooms 0

Total Rooms Below Grade 0

Ranges/Ovens 2

W/D Hookups 2

Basement Material Block

Exterior

Exterior Block Brick

Driveway Gravel

Number of Parking Spaces 3

Lot Size Area 7335

Lot Dimensions .181

Lot Description 0-2.9999

Fence Metal

Water Meters 1

Electric Meters 1

Outbuilding None

Water Features None

Gas Meters 1

Waterfront Y/N No

* Excluded Features

List By

Kelli Cornelius

Listing Agent

Keller Williams Lafayette

Broker

kellicornelius@gmail.com

Affordability Calculator

$4,065

Per Month

Monthly Principal & Interest: $3,835
Monthly Property Taxes: $230
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Lafayette, IN

Average List Price ^$266,433

Percent of Sale Price 51%

About Lafayette, IN

75,883 Population

19% Since 2002

^$43,214 Median Income

34.68 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1236282 Elementary School

1413940 Middle School

Jefferson High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/27/2024	$549,000		Listed Price

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605 N 7th Street, Lafayette, IN, 47905 is a Multi-Family Home for sale at $549,000 with 3,000 sqft. 605 N 7th Street has 5 bedrooms, 4.0 baths, and was built in 1975. The property's zip code is 47905 which is in Lafayette, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/27/2024.

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605 N 7th Street

Multi-Family Home for sale in Lafayette, IN

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