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Dawn Evans

dawn@theevansrealtygroup.com +1(812) 327-8878

$ 175,000

Est. payment -/mo

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Price Dropped by $15K

2226 N 23Rd Street Lafayette, IN 47904-1513

3 Beds

2 Baths

1,728 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,728 sqft

MLS Listing ID 202536013

Style One Story

Bedrooms 3

Full Baths 2

Abv Grd Liv Area 864

Total Fin. Sqft 1728

Year Built 1948

Annual Tax Amount $76

Tax Year 2025

Lot Size 5,227 Sqft

Property Sub-Type Site-Built Home

Property Description

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 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.

Location

State IN

County Tippecanoe County

Area Tippecanoe County

Direction GPS friendly

Rooms

Family Room 0 x 0

Basement Full Basement, Finished

Dining Room 0 x 0

Kitchen Main, 13 x 11

Interior

Heating Gas, Forced Air

Cooling Central Air

Fireplaces Type None

Appliance No Appliances Included, Water Heater Gas

Laundry Basement

Exterior

Parking Features Detached

Garage Spaces 2.5

Building

Lot Description Level

Story 1

Foundation Full Basement, Finished

Sewer City

Water City

Architectural Style Ranch

Structure Type Vinyl

New Construction No

Schools

Elementary Schools Vinton

Middle Schools Sunnyside/Tecumseh

High Schools Oakland

School District Lafayette

Others

Financing Cash,Conventional

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202536013

IDX information provided by the Indiana Regional MLS

Listed by Nick Laviolette • Compass • Cell: 317-690-3370

Dawn Evans

Real Estate Broker/Realtor | RB19001118

+1(812) 327-8878

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Dawn Evans

2226 N 23Rd Street Lafayette, IN 47904-1513

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2226 N 23Rd Street