Multifamily

Lafayette, IN Multifamily Properties for Sale

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Updated Two-Story Duplex
Updated: Jul 8
Updated Two-Story Duplex

217 Perrin Avenue, Lafayette, IN 47901

$314,900
4,084 sqft 0.22 AC lot
Two‑unit duplex with 4,084 square feet of living area
Unit mix includes 5 BR/2 bath and 4 BR/1 bath residences
Both units are leased and were updated within the last few years
0.22‑acre lot with off‑street parking and basement storage
Victorian‑style property built in 1901
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3-Unit Victorian Triplex
Updated: Sep 22
3-Unit Victorian Triplex

1308 South Street, Lafayette, IN 47904

$365,000
3,986 sqft 0.17 AC lot
Three apartments, all currently rented
3,986 square feet in a 3‑unit building
Unit mix: two‑bedroom/two‑bath, three‑bedroom/one‑bath, and one‑bedroom/one‑bath
Six bedrooms and four full bathrooms in total
Built in 1890; retains wood floors, a fireplace, and Victorian architectural details
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Two-Unit Duplex Property
Two-Unit Duplex Property

203 Lincoln Street, Lafayette, IN 47904

$269,900
2,788 sqft 0.17 AC lot

Fully leased duplex with separate two- and four-bedroom residences and tenant-paid utilities.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Updated Duplex with Leased Units
Updated Duplex with Leased Units

217 Perrin Ave, Lafayette, IN 47901

$314,900
4,084 sqft

Two leased residences offer five- and four-bedroom layouts, with newer appliances in one unit.

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6-Unit Multifamily Property
6-Unit Multifamily Property

1103 North Street, Lafayette, IN 47904

$460,000
3,870 sqft 0.15 AC lot

Two residential buildings—a duplex and a fourplex—occupy a single parcel.

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Updated Duplex with Garages
Updated Duplex with Garages

1019 Courtland Avenue, Lafayette, IN 47905

$289,900
2,300 sqft 0.34 AC lot

Side-by-side residences feature open layouts, private outdoor space, and separate laundry for each household.

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Ranch Duplex with Attached Garages
Ranch Duplex with Attached Garages

823 825 Woodmere Drive, Lafayette, IN 47905

$379,900
2,680 sqft 0.30 AC lot

Two brick units include attached garages, individual outdoor living areas, and washer-and-dryer setups.

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Duplex with In-Unit Laundry
Duplex with In-Unit Laundry

1219 S 4th St, Lafayette, IN 47905

$329,000
2,080 sqft

Two separate units offer flexible layouts, private outdoor space, and tenant-paid utilities.

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3-Unit Triplex with Carport
3-Unit Triplex with Carport

1011 Union Street, Lafayette, IN 47904

$150,000
2,176 sqft 0.19 AC lot

Three apartments include a two-bedroom layout, a one-bedroom layout, and a studio that may be converted back to a garage.

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Two-Unit Duplex with Off-Street Parking
Two-Unit Duplex with Off-Street Parking

127 S 31st Street, Lafayette, IN 47904

$250,000
2,532 sqft 0.14 AC lot

Each unit includes dedicated off-street parking, central air, wood flooring, and tenant-paid utilities.

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Tenant-Occupied Duplex
Tenant-Occupied Duplex

127 S 31st St, Lafayette, IN 47904

$250,000
2,532 sqft

Two-unit residential property with separate off-street parking and tenant-paid utilities.

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Two-Unit Duplex
Two-Unit Duplex

1429 Hart Street, Lafayette, IN 47904

$165,000
1,224 sqft 0.13 AC lot

Both residences are occupied, and the property has central air conditioning.

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Victorian Triplex with Original Details
Victorian Triplex with Original Details

1308 South Street, Lafayette, IN 47904

$365,000
3,986 sqft

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

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2-Unit Updated Duplex
2-Unit Updated Duplex

1829 Greenbush St, Lafayette, IN 47904

$196,969
1,164 sqft

Two separate residences offer a straightforward multifamily configuration with updated interiors.

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Two-Unit Duplex
Two-Unit Duplex

203 Lincoln St, Lafayette, IN 47904

$269,900
2,788 sqft

Historic income property with distinct residential units and established occupancy.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

2417 State Street, Lafayette, IN 47905

$349,999
2,362 sqft

Both residences include private garages, and each has two bedrooms and one-and-a-half bathrooms.

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Triplex with Detached Garage Unit
Triplex with Detached Garage Unit

2017 N 16th St, Lafayette, IN 47904

$178,000
2,624 sqft

Three-unit income property with separately metered utilities and a detached garage apartment.

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Two-Building 6-Unit Apartment
Two-Building 6-Unit Apartment

1103 North St, Lafayette, IN 47904

$460,000
3,870 sqft

Two separate buildings totaling six units on one parcel, with two units currently rented and tenants paying utilities.

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Fully Leased Duplex
Fully Leased Duplex

1429 Hart St, Lafayette, IN 47904

$165,000
1,224 sqft

Two separately addressed units are currently rented.

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Updated Side-by-Side Duplex
Updated Side-by-Side Duplex

1019 Courtland Avenue, Lafayette, IN 47905

$289,900
2,300 sqft 0.40 AC lot

Two residences combine refreshed interiors, private outdoor space, and attached garages in a flexible income property.

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Two-Unit Character Duplex
Two-Unit Character Duplex

308 N 24th Street, Lafayette, IN 47904

$260,000
1,920 sqft

Both residences include full baths, spacious living areas, and access to shared basement laundry.

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Triplex With Spacious Backyard
Triplex With Spacious Backyard

712 S 5th Street, Lafayette, IN 47905

$235,000
2,056 sqft

Two-level rental property with separate units, tenant-paid utility inclusion, and access to downtown and campus.

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Triplex with Carport
Triplex with Carport

1011 Union Street, Lafayette, IN 47904

$150,000
2,176 sqft

Three apartments offer a two-bedroom layout, a one-bedroom unit, and a studio.

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NOVA Apartment Building
NOVA Apartment Building

200 South 4th Street, Lafayette, IN 47901

Contact for pricing
71,562 sqft

Apartment property built in 2021 at a Lafayette, Indiana address.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Lafayette, IN, we suggest to view alternatives - similar 48 Off-Market properties to explore as potential leads.

Lafayette, IN Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Lafayette, IN, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 132,368 square feet of properties for sale, with an estimated market value of $6,458,268.

Sale prices for multifamily properties in Lafayette, IN start at $150,000, averaging $280,794, and reaching up to $460,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 17
Triplexes 6
Quadplexes 2
Apartment buildings 1

Demographics Overview

Population 180K
Population Growth (5Y) +2.3%
Median Household Income $57,549
College Educated 32.5%

High-Yield Neighborhoods for Investment

Identify Lafayette submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47905 $284.8K
47904 $307.7K
47901 $314.9K

Taxes & Financing

Tax Rate (average for all types) 2.08%
Property Tax per SF $27.86 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tippecanoe County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Lafayette fall within the 100,000+ square foot range.

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