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Fully Leased Duplex Income Property

217 Perrin Avenue Lafayette, IN 47901

217 Perrin Avenue, Lafayette, IN, 47901
$345,000
For Sale
$345,000

Duplex with two leased units featuring 5-bedroom/2-bath and 4-bedroom/1-bath layouts.

Property Size4,084 SF
Price / SF$84.48
Days on Market26

Property Features for 217 Perrin Avenue

General Information

Standard status
Active
Size
4,084 SF
Property subtype
Multi Family / Duplex

Building Details

Year Built
1901
Listing agency Elite Property Mgmt and Realty
Listed by Ryan Griswold · License #RB16000796
Source Compass
Added: Jun 27 Updated: Jul 21 at 9:36PM Checked: Jul 21 at 9:36PM

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 Elite Property Mgmt and Realty


Investment Insights

Based on property information with market context.

This fully leased duplex offers two income-producing units: one unit with 5 bedrooms and 2 bathrooms, and the other with 4 bedrooms and 1 bathroom. Both sides are reported as updated within the last few years, and one unit includes newer appliances. The property is described as having more than 4,000 square feet of living space, with storage called out as a notable feature.

The property is located near the historical downtown section of Lafayette, Indiana, with convenient access to major roads and highways including US 52/US 231, I-65, and SR 26.

The configuration supports separate, income-producing residential living while keeping a duplex-style footprint.

Key Highlights

  • Duplex with two fully leased units: one 5‑bedroom/2‑bath and one 4‑bedroom/1‑bath layout
  • 5, bedroom and bath totals across 9 above‑grade bedrooms with 3 total baths in the duplex
  • Over 4,000 SF of living space with both units updated within the last few years

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store Tanning Salon Big Box & Wholesale Store Veterinary Clinic Cosmetic Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Duplex with two leased units featuring 5-bedroom/2-bath and 4-bedroom/1-bath layouts.
Where is this duplex located?
The property is located at 217 Perrin Avenue Lafayette, IN.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Duplex with two fully leased units: one 5‑bedroom/2‑bath and one 4‑bedroom/1‑bath layout; 5, bedroom and bath totals across 9 above‑grade bedrooms with 3 total baths in the duplex; Over 4,000 SF of living space with both units updated within the last few years
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