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Victorian Triplex
New
For Sale
$365,000

1308 South Street, Lafayette, IN 47904

INVESTMENT, Two Story, Lafayette, IN

Property Size3,986 SF
Lot Size0.17 Acres
Price / SF$91.57
Days on Market3

Property Features for 1308 South Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bedroom 1, Bedroom 6, Basement, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 3
Parking 3
Lot features Level, 0-2.9999
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.
Subdivision Tippecanoe County
Standard status Active
APN 79-07-21-365-003.000-004
Size 3,986 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description RB STOCKTONS ADDN LOT 8 1 1/2 FT W SIDELOT 9 & 10 LOT 3
Legal Description RB STOCKTONS ADDN LOT 8 1 1/2 FT W SIDELOT 9 & 10 LOT 3

Utilities

Cooling system Central Air

Building Details

Year built 1890
Floors in Building 2
Number of units 3
Flooring type Carpet, Wood
Architectural style Other
Listing Agency: Indiana Integrity REALTORS
Listed By: KENT BREWER · License #RB14048344
Added: Sep 22 Last Checked: Sep 24 at 1:06AM
MLS# 202639294

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.

Built in 1890, this 3,986-square-foot Victorian triplex contains three apartments within a two-story configuration. The main-level residence includes two bedrooms, two full bathrooms, a kitchen, and dining area. The upper-level apartment offers three bedrooms, one bathroom, and a substantial living room, while the third unit has one bedroom, one bathroom, a kitchen, and living room. Across the property, the unit mix totals six bedrooms and four full bathrooms, with dedicated off-street parking.

Located at 1308 South Street in Lafayette, the property occupies approximately 0.17 acres in the Midtown area. Downtown Lafayette, Purdue University, restaurants, shopping, entertainment, and daily conveniences are identified as being within easy reach. Interior features include wood and carpet flooring, central air, a fireplace, and retained elements of the original Victorian design.

Key Highlights

  • Three apartments totaling 3,986 SF
  • Six bedrooms and four full bathrooms across the triplex
  • Main‑level unit with 2 bedrooms and 2 full bathrooms

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
View Realmo Analytics

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-apartment residential property with off-street parking, original architectural details, and flexible owner-occupant potential.
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 totaling 3,986 SF; Six bedrooms and four full bathrooms across the triplex; Main‑level unit with 2 bedrooms and 2 full bathrooms
More about this property
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