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About This Home
This 4-bedroom, 2-bathroom multi-family at 723 S 5th Street in Lafayette, IN is listed for $250,000 ($112 per sqft). the home offers 2,230 sqft of living space on a 0.91 acres lot.
Welcome to 723 S 5th St in Lafayette, Indiana-an excellent duplex investment or house-hacking opportunity in a convenient south side location. Built in 1920, this well-maintained and updated property features two spacious units, each offering 2 bedrooms and 1 bathroom with functional layouts and modern updates throughout.
Both sides have been cared for and improved over time, providing a truly turnkey, cash-flowing investment with minimal deferred maintenance. For owner-occupants, this property offers the ideal opportunity to live in one unit while renting the other to offset your mortgage.
With strong rental demand in the area and solid construction, this duplex is a great addition to any investor’s portfolio or a smart entry point into multifamily ownership.This property can be purchased individually or as part of a three-property portfolio including 1029 N 7th and 1829 Greenbush. Please provide at least 24-hour notice for all showings. All square footage figures are approximate; buyer to verify.
Key Features
- 0.91 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$1,337/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
723 S 5th Street
Lafayette, IN 47905
None
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom multi-family at 723 S 5th Street is listed at $250,000 ($112/sqft). The estimated monthly payment is $1,083 based on 20% down at 6.5% interest.
Key features include: 0.91 acre lot, 2 stories. Exterior Features: Cable Ready, Countertops-laminate, Water Heater Electric.
This property is listed by Jason Conley and can be reached at 7654919496 or polymathrealty@gmail.com.
