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Victorian Duplex with Finished Third Floor
For Sale
Under Contract
$259,900

1014 Heath Street, Lafayette, IN 47904

MULTI_FAMILY - Victorian - Lafayette, IN

Property Size2,800 SF
Lot Size0.14 Acres
Price / SF$92.82
Days on Market60

Property Features for 1014 Heath Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description multi-family
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4
Parking 1
Parking features Garage, Off Street
Fencing Chain Link
Lot features City/ Town/ Suburb, Near College Campus, Level
Elementary school Thomas Miller
Middle school Sunnyside/Tecumseh
High school Jefferson
Elementary school district Lafayette
Middle school district Lafayette
High school district Lafayette
Directions GPS Friendly - Heath St. between 10th and 11th.
Subdivision Tippecanoe County
Standard status Active Under Contract
APN 79-07-21-106-013.000-004
Size 2,800 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description C GISHS ADDN LOT 25
Tax Annual Amount 1848
Legal Description C GISHS ADDN LOT 25

Utilities

Cooling system Central Air

Building Details

Year built 1901
Floors in Building 3
Number of units 2
Flooring type Wood, Concrete, Tile, Laminate, Carpet, Vinyl
Roof type Shingle
Architectural style Victorian
Listing Agency: Keller Williams Lafayette · Keller Williams Realty
Listed By: Scott Brown · License #RB14045146
Added: Jun 8 Changed: Aug 1 Last Checked: Aug 6 at 7:06AM
MLS# 202622126

Copyright © 2026 Lafayette Regional Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This well-maintained Victorian duplex offers approximately 2,800 square feet across two spacious units. Each unit features two bedrooms and one bathroom. The property includes finished third-floor living space, a basement, and flooring such as wood, laminate, vinyl, tile, concrete, carpet, and chain link fencing. Central air cooling and a shingle roof support year-round comfort.

The duplex was built in 1901 and is positioned for convenient access to Downtown Lafayette and Purdue University. Recent street improvements include new pavement, sidewalks, and curbs. Parking is available with a garage and off-street spaces.

For current occupancy, both units are fully leased with renewed tenant agreements through July 2027. The ownership history includes improvements such as a newer roof, separate utilities, updated kitchens and baths, refinished hardwood floors, and multiple HVAC and water heater replacements.

Key Highlights

  • Approximately 2,800 SF duplex across two units
  • Two 2‑bedroom, 1‑bath units
  • Finished third‑floor living space plus basement

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Home Appliance Store Pet Grooming Service Electrical Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,132
Businesses Nearby

Demographics for 47904, IN

16,571
Population
7,776
Households
2.1
Avg Household Size
34
Median Age
19%
College-Educated
84%
High-School Grad
5.8 sq mi
ZIP Area
2,857
Density / Sq Mi
$46,841
Median Household Income
$34,455
Median Earnings
$965
Median Rent
$118,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained Victorian duplex with two 2-bedroom, 1-bath units, central air, garage and off-street parking.
Where is this duplex located?
The property is located at 1014 Heath Street Lafayette, IN.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Approximately 2,800 SF duplex across two units; Two 2‑bedroom, 1‑bath units; Finished third‑floor living space plus basement
More about this property
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