Attention investors! This 3-bedroom, 2-bathroom ranch in Lafayette is a rare find with strong rental potential and endless possibilities for a flip or buy-and-hold investment. The home features a finished basement with a second kitchen, making it ideal for multi-generational living, a second rental unit, or student housing. A large… Read More 2.5-car detached garage adds extra value with space for parking, storage, or a workshop. This fixer-upper already has the major updates completed. The roof was replaced in 2023, and in 2024 the furnace, AC, water heater, electrical, and sewer line were all updated. With solid bones and the big-ticket items already done, this property is ready for cosmetic upgrades to maximize equity and cash flow. Located just 10 minutes from Purdue University, this home offers prime proximity for student rentals, short-term rentals, or long-term rentals. Lafayette is a growing Indiana market with strong demand for housing, making this an excellent opportunity for investors seeking a value-add property. Home is being sold AS-IS. Read Less
Courtesy of Nick Laviolette, Compass Cell: 317-690-3370
Listing Snapshot
Days Online
50
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,728
Lot Size
0.12 Acres
Year Built
1948
MLS Number
202536013
30 Days Snapshot Of 47904
$263k
+32%
(avg) sold price
13
-31%
homes sold
30
+76%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Yes, Block, Full Basement, Finished
Building
Above Grade Finished SqFt: 864, Age: 77, Below Grade Finished SqFt: 864, Main Level SqFt: 864, Style: One Story, Total Below Grade SqFt: 864, Total Finished SqFt: 1,728, Total SqFt: 1,728, Built in 1948, Ranch
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Listings last updated on , .
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