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4511 Sr 25 N

Lafayette, IN 47905
  • $679,500
  • STATUS: Active
  • ON SITE: 107 Days
  • MLS #: 202540436
UPDATED: 45 min ago
$679,500
  • 9
    BEDS
  • 1.51
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 4,236
    SQFT
Neighborhood:
None
Type:
Multi-Family
Built:
1961
County:
Tippecanoe
Area:
Tippecanoe

School Information

Elementary School:
Hershey
Middle School:
East Tippecanoe
High School:
William Henry Harrison
School District:
Tippecanoe School Corp.
School Ratings & Info
Listing provided by Rebecca Johnson of RE/MAX At The Crossing: Agt: 765-426-2083.

Description

CAP RATE 6.9% Cash Flow Dream-4 Homes, Workshop Barn, 1.51 acres! Looking for a rare investment in a peaceful country setting? This cash-producing 5 unit property features a spacious main ranch home with a finished basement with attached 2 car garage and workshop barn PLUS three additional homes, all leased generating a total of $4,700/month with room to raise! Each cottage includes a carport, window ac and shed. Located in the highly desirable Hershey, East Tipp and Harrison schools, this property is a golden opportunity for investors seeking instant cash flow and long-term upside. Ideal for seasoned investors or anyone looking to start a portfolio. Part of a living trust, any sale subject to the tenants and their leases. Inspections welcome, sold as-is. 24 hour showing notice required.

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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: 2026-01-22T11:28:10.973.

www.felecialivingstonrealestate.com/homes/168596442
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4511 Sr 25 N Lafayette, IN 47905

  • Price: $679,500
  • Status: Active
  • On Site: 107 Days
  • Updated: 45 min ago
  • MLS #: 202540436
9
Beds
6
Baths
0
½ Baths
1.51
Acres
4,236
SQFT
$160
$/SQFT
1961
Built
Neighborhood:
None
County:
Tippecanoe
Area:
Tippecanoe
Elementary School:
Hershey
Middle School:
East Tippecanoe
High School:
William Henry Harrison
School District:
Tippecanoe School Corp.
Property Description
CAP RATE 6.9% Cash Flow Dream-4 Homes, Workshop Barn, 1.51 acres! Looking for a rare investment in a peaceful country setting? This cash-producing 5 unit property features a spacious main ranch home with a finished basement with attached 2 car garage and workshop barn PLUS three additional homes, all leased generating a total of $4,700/month with room to raise! Each cottage includes a carport, window ac and shed. Located in the highly desirable Hershey, East Tipp and Harrison schools, this property is a golden opportunity for investors seeking instant cash flow and long-term upside. Ideal for seasoned investors or anyone looking to start a portfolio. Part of a living trust, any sale subject to the tenants and their leases. Inspections welcome, sold as-is. 24 hour showing notice required.
Exterior Features

Architectural Style Ranch Driveway Concrete Exterior Aluminum Fence None Location Rural Lot Description CornerLevel0-2.9999 Lot Dimensions 1.51 Outbuilding Barn Outbuilding Sq Ft 308 Parking GarageOff StreetPrivate Parking Spaces 12 Pool YN No Road Access County Road Surface Concrete Roof Material CompositeShingle Sea Wall Type None Style One Story Unit1 Garage Type Attached Unit2 Garage Type Attached Unit3 Garage Type Carport Unit4 Garage Type Carport Unit5 Garage Type Carport Water Access None Water Type None Waterfront YN No

Interior Features

Above Grade Bedrooms 7 Above Grade Finished Sqft 3636 Above Grade Unfin Sq Ft 0 Amenities BasementCeiling FanOff Street ParkingStorageFoyer EntryPorch CoveredPorch OpenWater Heater GasGarage-Heated Basement Foundation Finished Basement Material Block Basement YN Yes Below Grade Baths 1 Below Grade Bedrooms 2 Below Grade Finished Sqft 600 Below Grade Unfin Sq Ft 0 Cooling Central AirWall ACMultiple Cooling Units Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetCeramic TileMixedVinyl Heating Fuel ElectricityGasForced AirMultiple Heating Systems Main Level Sq Ft 1408 Microwaves 0 Ranges Ovens 5 Refrigerators 5 Rooms Below Grade 4 Total Baths 6 Total Below Grade Sqft 600 Total Sq Ft 4236 Unit1 Basement YN Yes Unit1 Bathrooms 2 Unit1 Bedrooms 3 Unit1 Sq Ft 1420 Unit2 Basement YN Yes Unit2 Bathrooms 1 Unit2 Bedrooms 2 Unit2 Sq Ft 600 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 2 Unit3 Sq Ft 698 Unit4 Basement YN No Unit4 Bedrooms 2 Unit4 Sq Ft 720 Unit5 Basement YN No Unit5 Bedrooms 2 Unit5 Sq Ft 810 Upper Level Sq Ft 0 Wash Dry Hookups 6 Washers 0

Property Features

Annual Electric Expense 1397 Annual Fuel Expense 694 Annual Gross Rent 56400 Annual Insurance Expense 0 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 46951 Annual Property Tax 4622 Annual Trash Expense 2736 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Auction Y / N No Buildings 4 Common Amenities None Cross Street 450 Documents Available Lease Efficiencies 0 Electric Meters 4 Excluded From Sale None For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 2 Government Subsidized YN No Gross Monthly Income 4700 Gross Monthly Rent 4700 Inside City Limits No Lease Term Month to Month1 YearNegotiable New Construction No One Bedrooms 0 Owner Pays ElectricHeatingTrash Collection Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Fiveplex Proposed Financing CashConventional Reo YN No Restrictions YN Yes Sale Includes BuildingLandLease Sewer PrivateSeptic Tenant Pays ElectricHeating Three Bedrooms 1 Township Washington Two Bedrooms 4 Unit1 Unit Rent 1000 Unit1- Currently Rntd Y / N Yes Unit1- Garage /#of Cars 2 Unit1- Garage Y / N Yes Unit2 Unit Rent 1000 Unit2- Currently Rntd Y / N Yes Unit2- Garage /#of Cars 2 Unit2- Garage Y / N Yes Unit3 Unit Rent 1000 Unit3- Currently Rntd Y / N Yes Unit3- Garage /#of Cars 1 Unit3- Garage Y / N Yes Unit4 Unit Rent 800 Unit4- Currently Rntd Y / N Yes Unit4- Garage /#of Cars 1 Unit4- Garage Y / N Yes Unit5 Unit Rent 900 Unit5- Currently Rntd Y / N Yes Unit5- Garage Y / N Yes Units Rented 5 Water Meters 4 Water Utility PrivateWell Well Type Private Year Taxes Payable 2025 Zoning Description Agricultural

Listing provided by Rebecca Johnson of RE/MAX At The Crossing: Agt: 765-426-2083.

© 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: 2026-01-22T11:28:10.973.

 
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Keller Williams Realty
Lafayette, West Lafayette
and Kokomo IN,
Listing provided by Rebecca Johnson of RE/MAX At The Crossing: Agt: 765-426-2083.