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224 Tinkler Street

Lafayette, IN 47901
  • $415,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 202600734
UPDATED: 62 min ago
$415,000
  • 4
    BEDS
  • 0.23
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,332
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Jason Conley of Raeco Realty: .

Description

Turnkey 4-Unit Investment Opportunity Alert! Don’t miss this beautifully updated four-unit multifamily property in the heart of Lafayette—an ideal opportunity for both investors and owner-occupants. All four units have been freshly remodeled and thoughtfully updated, offering modern finishes and low-maintenance ownership from day one. Currently, three of the four units are occupied, with the fourth unit scheduled to vacate at the end of the month, creating immediate flexibility for the next owner. Choose to house-hack by living in the open unit or lease it at top market rent to further maximize cash flow. This income-producing property also features coin-operated laundry, providing an additional revenue stream, plus a detached garage that is separately rented, further enhancing overall returns. With multiple income sources, recent updates, and built-in upside, this property checks all the boxes for a strong multifamily investment. Opportunities like this don’t last—schedule your showing today!

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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: 2026-01-22T10:28:03.007.

www.felecialivingstonrealestate.com/homes/171827510
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224 Tinkler Street Lafayette, IN 47901

  • Price: $415,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 62 min ago
  • MLS #: 202600734
4
Beds
4
Baths
0
½ Baths
0.23
Acres
3,332
SQFT
$125
$/SQFT
1915
Built
Neighborhood:
None
County:
Tippecanoe
Area:
Tippecanoe
Elementary School:
Murdock
Middle School:
Sunnyside/Tecumseh
High School:
Jefferson
School District:
Lafayette
Property Description
Turnkey 4-Unit Investment Opportunity Alert! Don’t miss this beautifully updated four-unit multifamily property in the heart of Lafayette—an ideal opportunity for both investors and owner-occupants. All four units have been freshly remodeled and thoughtfully updated, offering modern finishes and low-maintenance ownership from day one. Currently, three of the four units are occupied, with the fourth unit scheduled to vacate at the end of the month, creating immediate flexibility for the next owner. Choose to house-hack by living in the open unit or lease it at top market rent to further maximize cash flow. This income-producing property also features coin-operated laundry, providing an additional revenue stream, plus a detached garage that is separately rented, further enhancing overall returns. With multiple income sources, recent updates, and built-in upside, this property checks all the boxes for a strong multifamily investment. Opportunities like this don’t last—schedule your showing today!
Exterior Features

Exterior VinylWood Fence None Location City/Town/Suburb Lot Description Corner Lot Dimensions 95x104 Outbuilding Outbuilding Outbuilding Sq Ft 216 Parking Off StreetStreet Parking Spaces 0 Pool YN No Roof Material AsphaltShingle Style Two and Half Story Unit1 Garage Type None Unit2 Garage Type None Unit3 Garage Type None Unit4 Garage Type None Water Features None Waterfront YN No

Interior Features

Above Grade Bedrooms 4 Above Grade Finished Sqft 3332 Above Grade Unfin Sq Ft 0 Amenities Off Street ParkingCable AvailableCeiling-9+Detector-SmokePatio Covered Basement Foundation CellarPartial Basement Basement Material Brick Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 463 Cooling Window Dishwashers 0 Disposals 0 Dryers 1 Flooring Vinyl Heating Fuel BaseboardConventionalForced Air Microwaves 4 Ranges Ovens 4 Refrigerators 4 Rooms Below Grade 0 Total Baths 4 Total Below Grade Sqft 463 Total Sq Ft 3795 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit1 Sq Ft 800 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit2 Sq Ft 778 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 2 Unit3 Sq Ft 900 Unit4 Basement YN No Unit4 Sq Ft 600 Wash Dry Hookups 1 Washers 1

Property Features

Annual Electric Expense 886.29 Annual Fuel Expense 50.19 Annual Gross Rent 45031.77 Annual Insurance Expense 1840 Annual Maint Expense 8897.2 Annual Misc 0 Annual Net Income 29198.22 Annual Property Tax 3973.54 Annual Trash Expense 0 Annual Water Sewer Exp 186.33 Assoc Dues Frequency Not Applicable Auction Y / N No Cross Street Ferry Documents Available LBP FormLeaseOwners StatementSellers Disclosure Efficiencies 1 Electric Company Duke Energy Indiana Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gas Company CenterPoint Energy Gross Monthly Income 3753 Gross Monthly Rent 4006 Lease Term 1 Year New Construction No One Bedrooms 2 Owner Pays ElectricLawn MaintenanceMaintenanceSewerSnow RemovalTaxTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Fourplex Proposed Financing CashConventional Reo YN No Restrictions YN No Sale Includes BuildingBusinessLandLease Sewer City Tenant Pays CableCoolingElectricWater Three Bedrooms 0 Township Fairfield Two Bedrooms 1 Unit1 Unit Rent 1029 Unit1- Currently Rntd Y / N No Unit1- Garage /#of Cars 0 Unit1- Garage Y / N No Unit2 Unit Rent 949 Unit2- Currently Rntd Y / N Yes Unit2- Garage /#of Cars 0 Unit2- Garage Y / N No Unit3 Unit Rent 1099 Unit3- Currently Rntd Y / N Yes Unit3- Garage /#of Cars 0 Unit3- Garage Y / N No Unit4 Unit Rent 929 Unit4- Currently Rntd Y / N Yes Unit4- Garage /#of Cars 0 Unit4- Garage Y / N No Units Rented 3 Water Utility City Year Taxes Payable 2025

Listing provided by Jason Conley of Raeco 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.


© 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: 2026-01-22T10:28:03.007.

 
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Keller Williams Realty
Lafayette, West Lafayette
and Kokomo IN,
Listing provided by Jason Conley of Raeco Realty: .