525 S 3rd ST, Lafayette, IN 47905
See all 19 photos
525 S 3rd ST, Lafayette, IN 47905
525 S 3rd ST, Lafayette, IN 47905
525 S 3rd ST, Lafayette, IN 47905
525 S 3rd ST, Lafayette, IN 47905
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Charles Bell

Charles Bell

+1(765) 532-9814
Listed by Steven Childers • Keller Williams Lafayette • Agt: 765-413-6046
$ 359,000
Est. payment /mo
Save Virtual Tour
New

525 S 3rd ST Lafayette, IN 47905

6 Beds

8 Baths

2,280 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,280 sqft

MLS Listing ID IRM202645678

Style Other

Bedrooms 6

Full Baths 6

Half Baths 2

HOA Y/N No

Year Built 1921

Annual Tax Amount $5,204

Tax Year 2026

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 50x130

Property Sub-Type Site-Built Home

Property Description

Great investment opportunity in a growing section of Downtown Lafayette! This 4-unit multifamily property features two 2-bedroom units and two 1-bedroom units, with three units currently vacant and available for new tenants. With projected gross rents of approximately $3,595 per month ($43,140 annually), investors have an opportunity to establish new leases at market rates and maximize the property's income potential. Recent updates to the roof, gutters, and interiors of 3/4 units, there is a solid foundation for long-term ownership, while the mix of tenant- and landlord-paid utilities offers additional opportunities to improve operating performance. Conveniently located near downtown shopping, dining, and entertainment, this property offers an attractive opportunity for investors looking to expand their multifamily portfolio.

Location

State IN

County Tippecanoe County

Rooms

Basement Partial

Interior

Heating Forced Air

Fireplaces Type None

Inclusions Refrigerator, Washer, Dryer-Electric, Range-Electric, Range-Gas

Fireplace N

Exterior

Fence None

View Y/N true

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water City

Level or Stories Two

New Construction No

Schools

Elementary Schools Thomas Miller

Middle Schools Sunnyside/Tecumseh

High Schools Jefferson

School District Lafayette

Others

Pets Allowed No

Tax ID 79-07-29-259-013.000-004

Acceptable Financing IRM202645678

Listing Terms IRM202645678

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202645678

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.

NEARBY SCHOOLS & PROPERTIES

Charles Bell

Charles Bell

Real Estate Advisor RBRB18000586

+1(765) 532-9814

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from REAL Broker LLC, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

525 S 3rd ST