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1118 S 2nd Street

Lafayette, IN 47905
  • $170,000
  • STATUS: Pending
  • ON SITE: 20 Days
  • MLS #: 202615379
Pending
UPDATED: 40 min ago
$170,000
  • 3
    BEDS
  • 0.13
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,184
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1935
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Anthony Jennings of eXp Realty, LLC: .

Description

Investment opportunity in the heart of Lafayette! Welcome to 1118 S 2nd Street—a well-maintained 2-unit duplex offering immediate rental income potential. This property features long-term tenants, providing stability and consistent cash flow for investors. One unit has been recently remodeled with updated flooring, fresh paint, and newer appliances, creating a clean, modern living space that enhances tenant appeal. The second unit offers reliable occupancy with established renters already in place. Additional highlights include a detached garage designated for the front unit, adding extra value and convenience for tenants. Located in a central Lafayette location with easy access to local amenities, this property is a strong addition to any investment portfolio. Whether you’re looking to expand your rental portfolio or step into multi-unit investing, this duplex checks the boxes for both stability and upside potential.

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© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Data last updated: 2026-05-19T20:28:01.327.

www.felecialivingstonrealestate.com/homes/175884994
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1118 S 2nd Street Lafayette, IN 47905

  • Price: $170,000
  • Status: Pending
  • On Site: 20 Days
  • Updated: 40 min ago
  • MLS #: 202615379
3
Beds
2
Baths
0
½ Baths
0.13
Acres
1,184
SQFT
$144
$/SQFT
1935
Built
Neighborhood:
John Levering
County:
Tippecanoe
Area:
Tippecanoe
Elementary School:
Thomas Miller
Middle School:
Sunnyside/Tecumseh
High School:
Jefferson
School District:
Lafayette
Property Description
Investment opportunity in the heart of Lafayette! Welcome to 1118 S 2nd Street—a well-maintained 2-unit duplex offering immediate rental income potential. This property features long-term tenants, providing stability and consistent cash flow for investors. One unit has been recently remodeled with updated flooring, fresh paint, and newer appliances, creating a clean, modern living space that enhances tenant appeal. The second unit offers reliable occupancy with established renters already in place. Additional highlights include a detached garage designated for the front unit, adding extra value and convenience for tenants. Located in a central Lafayette location with easy access to local amenities, this property is a strong addition to any investment portfolio. Whether you’re looking to expand your rental portfolio or step into multi-unit investing, this duplex checks the boxes for both stability and upside potential.
Exterior Features

Exterior VinylWood Lot Description Level Lot Dimensions 114x50 Outbuilding None Parking Spaces 4 Pool YN No Style One Story Unit1 Garage Type Detached Waterfront YN No

Interior Features

Above Grade Bedrooms 3 Above Grade Finished Sqft 1184 Above Grade Unfin Sq Ft 0 Amenities Ceiling FanDeck OpenDetector-Carbon MonoxideDetector-SmokePorch Enclosed Basement Foundation CrawlUnfinished Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 496 Cooling Window Dishwashers 0 Disposals 0 Dryers 0 Flooring Laminate Heating Fuel Baseboard Microwaves 0 Ranges Ovens 1 Refrigerators 1 Rooms Below Grade 0 Total Baths 2 Total Below Grade Sqft 496 Total Sq Ft 1680 Wash Dry Hookups 1 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 22500 Annual Insurance Expense 1965 Annual Maint Expense 400 Annual Misc 0 Annual Net Income 17961.68 Annual Property Tax 1453.32 Annual Trash Expense 0 Annual Water Sewer Exp 720 Assoc Dues Frequency Not Applicable Auction Y / N No Buildings 1 Documents Available LBP FormLeaseSellers DisclosureUtility Bill Information Efficiencies 0 Excluded From Sale Unit 1 stoveRefW&dAc unit For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 1875 Gross Monthly Rent 1875 Lease Term Month to Month New Construction No One Bedrooms 1 Owner Pays SewerWater Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Duplex Proposed Financing CashConventionalFHAVA Reo YN No Sale Includes BuildingLease Sewer City Tenant Pays Electric Three Bedrooms 0 Township Fairfield Two Bedrooms 1 Unit1 Unit Rent 1100 Unit1- Currently Rntd Y / N Yes Unit1- Garage /#of Cars 1 Unit1- Garage Y / N Yes Unit2 Unit Rent 775 Unit2- Currently Rntd Y / N Yes Unit2- Garage Y / N No Units Rented 2 Water Utility City Year Taxes Payable 2025 pay 2026

Listing provided by Anthony Jennings of eXp Realty, LLC: .

© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty.


© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Data last updated: 2026-05-19T20:28:01.327.

 
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Keller Williams Realty
Lafayette, West Lafayette
and Kokomo IN,
Listing provided by Anthony Jennings of eXp Realty, LLC: .