Duplex For
2842 Plaza Court Lafayette, IN 47909
For Sale
$235,000
Pending
Duplex income property offered for sale at 2842 Plaza Court in Lafayette, Indiana.
Property Size1,904 SF
Days on Market116
Property Features for 2842 Plaza Court
General Information
- Standard status
- Pending
- Size
- 1,904 SF
- Property subtype
- Multi Family / Duplex
Building Details
- Year Built
- 1994
Listing Agency:
Highgarden Real Estate
(317) 205-4320
Listed By:
Benjaman St. Vincent · License #RB16001776
(317) 205-4320
Source:
Compass
Added: Mar 30
Changed: Jul 23
Last Checked: Jul 23 at 8:16AM
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 Highgarden Real Estate
Investment Insights
Based on property information with market context.
This duplex is being offered for sale as a residential income property. The property is listed at 2842 Plaza Court in Lafayette, Indiana.
With a reported size of 1,904, the offering fits buyers seeking a duplex structure within a residential income portfolio. For complete details on layout, unit configuration, and current condition, interested parties should request the full offering materials.
With a reported size of 1,904, the offering fits buyers seeking a duplex structure within a residential income portfolio. For complete details on layout, unit configuration, and current condition, interested parties should request the full offering materials.
Key Highlights
- Duplex income property for sale at 2842 Plaza Court in Lafayette, Indiana
- 4 total bedrooms with 4 total full baths; 1‑story layout
- Central air cooling plus electric forced‑air heating
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 | $26.3k | $13.80 |
| − Vacancy | −$292 | −$0.15 |
| EGI | $26.0k | $13.65 |
| − OpEx | −$7.8k | −$4.09 |
| NOI | $18.2k | $9.55 |
1,904 SF · lease $13.80/SF/yr · vacancy 1.11% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$259.8K
$227.4K – $303.1K
NOI $18,188 @ 7.0% cap · market cap 7.74%
Second Best
Apartment 5plus
$239.5K
$209.6K – $279.4K
NOI $16,766 @ 7.0% cap · market cap 7.13%
Theoretical Best
Office A
$439.6K
$384.6K – $512.9K
NOI $30,771 @ 7.0% cap · market cap 13.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex income property offered for sale at 2842 Plaza Court in Lafayette, Indiana.
Where is this duplex located?
The property is located at 2842 Plaza Court Lafayette, IN.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Duplex income property for sale at 2842 Plaza Court in Lafayette, Indiana; 4 total bedrooms with 4 total full baths; 1‑story layout; Central air cooling plus electric forced‑air heating
