1027 N 20th Street, Lafayette, IN 47904

$230,000 Asking Price

2 beds
2 baths
2,464  sqft
Built in 1940

Welcome to 1027 N 20th St, an income-generating duplex offering a prime location and value-add potential. Currently fully rented at $1,833 per month, each unit presents an opportunity for increased rental income as they are under-rented. The property's full unfinished basements provide additional space for expansion or storage, adding to its investment appeal. Benefiting from electrical upgrades and an updated exterior, this duplex requires minimal maintenance, ensuring a hassle-free ownership experience. Its proximity to downtown and easy commute to Purdue University make it highly attractive to tenants seeking convenience and accessibility.

Features & Amenities

Interior

Basement:
Full Basement
Flooring:
Carpet
A/C:
Central Air
Heating:
Forced Air
Fireplace:
None

Exterior

General:
Vinyl
Style:
Traditional

Construction

Roofing:
Shingle
General:
One Story, Full Basement

Location

HOA Amenities:
Not Applicable
School District:
Lafayette

Lot

Driveway:
Concrete
Zoning:
ROSE LAWN SD LOT 7, 79-07-21-259-017.000-004

Utilities

Water:
City

This listing courtesy of:
Keller Williams Lafayette, Calvin Dykhuizen

About Lafayette, IN

Housing

Number of Units
47,299
Median Home Value
$155,423
Median Rent
$721

40.32% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
81.86%
Public Transportation
1.98%
Walk to Work
1.46%
Work from Home
13.98%
Other
0.33%

The median travel time to work is 17 minutes.

People

Population
108,492
Median Age
33.90
Median Household Size
2.51

Education

High School
31.42%
Associate’s Degree
7.60%
Bachelor’s Degree
20.11%
Graduate Degree
11.22%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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