1510 & 1512 Main Street, Lafayette, IN 47901

$388,000 Asking Price

4 beds
3 baths
2,675  sqft
Built in 1936

Looking for extra income? Check out this charming duplex, just a short walk from downtown Lafayette! Each side of the duplex features a spacious two-bedroom layout with plenty of natural light. You could live in one unit and rent out the other for a steady stream of extra income. Currently, both units are rented, generating $3,100 in monthly rental income! Relax on the front covered porch and enjoy watching the neighborhood activity on those long evenings. For those who love to entertain, enjoy the private, fenced-in backyard area. Key features of this duplex: Open floor plan with ample living space, updated kitchen with glass backsplash, large countertops, plenty of room to cook, newer windows and private entrances, storage space, each unit has its own laundry room with washer/dryer, one-car garage attached to each unit, a blend of modern updates with the charm of downtown living, whether you're looking for a place to call home with rental income potential or a full investment property, this duplex offers a great opportunity!

Features & Amenities

Interior

Basement:
Partial Basement
Flooring:
Hardwood Floors,Tile
A/C:
Central Air
Heating:
Gas,Forced Air
Fireplace:
None

Exterior

General:
Wood
Style:
Duplex

Construction

Roofing:
Shingle
General:
Two Story, Partial Basement

Location

HOA Amenities:
Not Applicable
School District:
Lafayette

Lot

Driveway:
Concrete
Zoning:
PERRINS ADDN LOT 7, 79-07-21-385-020.000-004
Fencing:
Privacy,Wood

Utilities

Water:
City

This listing courtesy of:
Keller Williams Lafayette, Thomas Albregts

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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