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    1602 Grove St Lafayette, IN 47905

    New
    For Sale
    $175,000

    Traditional,Craftsman, Duplex - Lafayette, IN

    Type:Duplex
    Property size:
    1,820 SF
    Lot size:
    0.15 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 1602 Grove St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Laundry
    Bedrooms
    2
    Bathrooms
    2
    APN
    79-07-28-134-007.000-004
    Parking features
    Garage, Garage - Detached
    Patio and Porch features
    Porch
    EntryLevel
    Upper,Lower
    Exterior features
    Ceiling Fan, Off Street Parking, Storage, Built-in Bookcase, Cable Ready, Ceiling-9+, Countertops-laminate, Detector-smoke, Eat-in Kitchen, Garage Door Opener, Porch Covered, Six Panel Doors, Water Heater Gas, Washer Hook-up, Garage Utilities, Sidewalks, None
    Appliances
    Dryer, Range
    Size
    1,820 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Wall Unit(s)

    Building Details

    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile, Vinyl, Wood
    Roof type
    Asphalt, Shingle
    Architectural style
    Craftsman
    Additional Structures
    Garage(s), Storage

    Lafayette Success Group, LLC (765) 807-7177 [email protected]

    Listing agent Jessica Collaco (765) 807-7177 License #RB25000542

    Listing date Dec 4, 2025

    MLS# 202537474 Listing URL

    Copyright © 2025 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.

    Overview

    Lafayette Duplex Near Downtown

    This duplex, situated in a prime location walkable to downtown and close to the bus stop, presents a promising investment opportunity. The property features two units, each containing one bedroom and one bathroom. The lower unit is equipped with a washer/dryer hookup. A three-car garage offers potential for additional rental income or personal storage. With a property size of 1820 square feet and a lot size of 0.151 acres, this duplex is located in Lafayette, Indiana, specifically within Tippecanoe County. The property's location is advantageous for students. Owner-occupied options are available. With some improvements, this duplex could be a valuable addition to a rental portfolio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Tippecanoe
    State
    Indiana
    Longitude
    -86.878478
    Latitude
    40.415665

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    FAQs

    What type of property is this?
    Duplex - Duplex near downtown Lafayette with income potential and garage.
    Where is this duplex located?
    The property is located at 1602 Grove St Lafayette, IN.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Excellent location: Walkable to downtown and close to bus stop, ideal for students or renters.; - Duplex with two 1 bed/1 bath units, offering immediate rental income potential.; - Three-car detached garage provides options for rental income or personal storage.
    (765) 807-7177
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    1602 Grove St Lafayette, IN 47905
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1602 Grove St Lafayette, IN 47905
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