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Victorian Triplex with Original Details
New
For Sale
$365,000

1308 South Street, Lafayette, IN 47904

Three separate apartments offer a mix of two-, three-, and one-bedroom layouts with dedicated off-street parking.

Property Size3,986 SF
Price / SF$91.57
Days on Market3

Property Features for 1308 South Street

General Information

Standard status Active
Size 3,986 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/2BA, 1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Amenities

fireplace
off-street parking

Building Details

Year Built 1890
Buildings 1
Construction Victorian
Listing Agency: Century 21 Bradley Realty, Inc
Listed By: Patton Hall
Source: Pattonhall
Added: Sep 24 Changed: Sep 25 Last Checked: Sep 24 at 8:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Bradley Realty, Inc

Investment Insights

Based on property information with market context.

Built in 1890, this 3,986-square-foot Victorian residence is configured as three apartments, totaling six bedrooms and four full baths. The main-floor unit has two bedrooms, two baths, and kitchen and dining areas. Upstairs, a three-bedroom apartment includes a full bath and a spacious living room; the third unit has one bedroom, a bath, kitchen, and living room. Wood floors, a fireplace, and surviving Victorian architectural elements remain in the building. Dedicated off-street parking serves the property.

The property is at 1308 South Street in Lafayette, within reach of downtown Lafayette, Purdue University, restaurants, shopping, entertainment, and everyday services. The three-unit configuration supports rental use, with an owner-occupancy option also described for the property.

Key Highlights

  • Three apartments with six bedrooms and four full baths in total
  • 3,986 square feet in an 1890 Victorian building
  • Main‑level apartment: two bedrooms, two full baths, kitchen, and dining area

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Auto Parts Store Electrical Service Veterinary Clinic Tanning Salon

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,786
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - Three separate apartments offer a mix of two-, three-, and one-bedroom layouts with dedicated off-street parking.
Where is this triplex located?
The property is located at 1308 South Street Lafayette, IN.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Three apartments with six bedrooms and four full baths in total; 3,986 square feet in an 1890 Victorian building; Main‑level apartment: two bedrooms, two full baths, kitchen, and dining area
More about this property
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