1103 North Street, Lafayette, IN 47904
MULTI_FAMILY - Other - Lafayette, IN
- Added:
- Apr 9, 2026
- Days on Market:
- 92
- Last Refresh:
- Jul 9 at 8:06 am
Property Features for 1103 North Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 10
- Bathrooms
- 8
- Rooms
- Bathroom 3, Bedroom 4, Bedroom 6, Bathroom 2, Bathroom 1, Bathroom 6, Bedroom 3, Bathroom 4, Bedroom 1, Bathroom 8, Bathroom 5, Bedroom 10, Basement, Bedroom 2, Bedroom 7, Bathroom 7, Bedroom 5, Bedroom 8, Bedroom 9
- Parking
- 1
- Fireplace
- 1
- Basement
- Block
- Standard status
- Active
- APN
- 79-07-21-351-006.000-004
- Size
- 3,870 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- TAYLOR HANNA HARTER & STOCKWELL ADDNLOT 72
Building Details
- Year built
- 1880
- Floors in Building
- 2
- Number of units
- 6
- Flooring type
- Carpet, Laminate
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Eric Campos License #RB14052463 (765) 430-2160
Listing office Indiana Integrity REALTORS 2011 Kossuth St, Lafayette, IN (765) 607-4070
Listing date Apr 9, 2026
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.
HighLights
- 6‑unit investment property with two separate buildings on a single parcel
- Duplex building built in 1900 plus a fourplex building built in 1880
- 2 of 6 units currently rented; tenants pay all utilities
- Fireplace included
- Interior flooring includes laminate and carpet
- Roof type: shingle
Overview
The buildings are located at 1103 North Street in Lafayette, Indiana (Tippecanoe County). The property size is listed as 3,870 square feet on a 0.15-acre lot, with the overall configuration designed to house multiple tenants within the two structures.
For buyers seeking a small, owner-operator or investor-style portfolio component, this 6-unit offering provides two building structures under one ownership footprint. With tenants paying all utilities as stated in the remarks, the property can offer a straightforward approach to utility expense responsibility relative to many multifamily setups. The mix of a duplex and a fourplex also supports practical unit-level management across the two buildings, with two units currently rented.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.4k | $13.80 |
| − Vacancy | −$593 | −$0.15 |
| EGI | $52.8k | $13.65 |
| − OpEx | −$15.8k | −$4.09 |
| NOI | $37.0k | $9.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Tippecanoe
- State
- Indiana
- Longitude
- -86.88476
- Latitude
- 40.420719
