Residential Income

West Lafayette, IN Residential Income Properties for Sale

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Lafayette, IN Bedford, IN Battle Ground, IN Dayton, IN Romney, IN Otterbein, IN Brookston, IN Delphi, IN
Multifamily Residential Community
Updated: Jan 26
Multifamily Residential Community

4751 Pleasant Valley Drive, West Lafayette, IN 47906

$4,500,000
31,397 sqft
33‑unit home/duplex community in West Lafayette, IN
17 total buildings with a mix of two‑bedroom and three‑bedroom units
Set on 16+ acres of land within the community
Currently zoned for Agriculture, with seller working toward rezoning to R3
If rezoned to R3, the property would allow the option to build additional multi‑family homes
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Benchmark III Apartment Building
Updated: Jul 14
Benchmark III Apartment Building

421 South Chauncey Avenue, West Lafayette, IN 47906

Contact for pricing
14,224 sqft
10 apartments totaling 38 bedrooms
Unit mix includes 9 4BR/2.5BA apartments and 1 2BR/1.5BA apartment
14,224‑square‑foot apartment building completed in 1991
Master leased to Purdue University through the 2027‑28 school year
5% annual increases each August
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17-Unit Apartment Building
17-Unit Apartment Building

136 S Chauncey Ave, West Lafayette, IN 47906

Contact for pricing

Apartment property positioned in downtown West Lafayette near Purdue.

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See what stands out in Tippecanoe County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
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Local Demand available after sign in
West Lafayette Fourplexes Portfolio
West Lafayette Fourplexes Portfolio

2801 Horizon Dr, West Lafayette, IN 47906

Contact for pricing

12-unit multifamily portfolio in high-growth West Lafayette, Indiana.

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Based on your search, we've compiled 71 Potential Opportunities for your consideration. Besides 4 Active listings in West Lafayette, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Fully Leased Quadplex
Fully Leased Quadplex

520-526 5th St, Bedford, IN 47421

$549,900
3,472 sqft

Four residential units are arranged in two all-brick buildings with garages and updated building systems.

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Three-Story Mixed-Use Property
Three-Story Mixed-Use Property

814-816 Main St, Lafayette, IN 47901

Contact for pricing
7,404 sqft

Two condos and one retail storefront combine residential and retail components in a single downtown property.

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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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Mixed-Use Building with Elevator
Mixed-Use Building with Elevator

14 N 3rd St, Lafayette, IN 47901

Contact for pricing

Downtown property combines office or retail space with six apartments and building-wide fire protection systems.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Buildable Rural Residential Lot
Buildable Rural Residential Lot

3050 Hill Valley Way, West Lafayette, IN 47906

$155,000
2.36 AC lot

Flat, buildable acreage with utility and internet support for residential, pole barn, or agribusiness-style uses.

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Flat Buildable Land for Home and Farm
Flat Buildable Land for Home and Farm

3100 Hill Valley Way, West Lafayette, IN 47906

$155,000
2.36 AC lot

Buildable flat lot with room for residential homes, pole barns, or agribusiness uses near West Lafayette.

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Residential Land in Growing Area
Residential Land in Growing Area

E North Street lot: 20, Boswell, IN 47921

Contact for pricing
0.17 AC lot

Multi-family R-3 zoned lot near Purdue University.

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Residential Land Near Purdue University
Residential Land Near Purdue University

N Stokes Street lot: 1-20, Boswell, IN 47921

$149,750
2.01 AC lot

12-lot multi-family subdivision near Purdue University with city utilities.

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Off-Market Properties in West Lafayette, IN

Consider similar Off-Market properties in West Lafayette, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

179 Burnetts Rd
MOBILE HOME PARK, TRAILER PARK

179 Burnetts Rd, West Lafayette, IN 47906-9761

$270,000
Estimated value
1.02 AC lot
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2804 Horizon Dr
APARTMENT HOUSE (UNDER 5 UNITS)

2804 Horizon Dr, West Lafayette, IN 47906-6607

$265,000
Estimated value
4,120 sqft 0.27 AC lot
View details
3508 Bethel Dr
APARTMENT HOUSE (UNDER 5 UNITS)

3508 Bethel Dr, West Lafayette, IN 47906-0620

$250,000
Estimated value
4,488 sqft 0.23 AC lot
View details
310 Salisbury St
APARTMENT HOUSE (UNDER 5 UNITS)

310 Salisbury St, West Lafayette, IN 47906-3074

$335,000
Estimated value
3,906 sqft 0.18 AC lot
View details
414 Vine St
APARTMENT HOUSE (UNDER 5 UNITS)

414 Vine St, West Lafayette, IN 47906-5818

$315,000
Estimated value
4,408 sqft 0.13 AC lot
View details
2809 Horizon Dr
APARTMENT HOUSE (UNDER 5 UNITS)

2809 Horizon Dr, West Lafayette, IN 47906-6622

$390,000
Estimated value
4,120 sqft 0.25 AC lot
View details
10 Candlelight Plz
MOBILE HOME PARK, TRAILER PARK

10 Candlelight Plz, West Lafayette, IN 47906-5627

$1,230,000
Estimated value
8,800 sqft 11.58 AC lot
View details
2819 Horizon Dr
APARTMENT HOUSE (UNDER 5 UNITS)

2819 Horizon Dr, West Lafayette, IN 47906-6621

$385,000
Estimated value
4,080 sqft 0.25 AC lot
View details
336 Salisbury St
APARTMENT HOUSE (UNDER 5 UNITS)

336 Salisbury St, West Lafayette, IN 47906-3052

$335,000
Estimated value
2,304 sqft 0.43 AC lot
View details
235 Salisbury St
APARTMENT HOUSE (UNDER 5 UNITS)

235 Salisbury St, West Lafayette, IN 47906-3670

$315,000
Estimated value
2,592 sqft 0.23 AC lot
View details
239 Salisbury St
APARTMENT HOUSE (UNDER 5 UNITS)

239 Salisbury St, West Lafayette, IN 47906-3669

$315,000
Estimated value
2,592 sqft 0.20 AC lot
View details
209 Harrison St
APARTMENT HOUSE (UNDER 5 UNITS)

209 Harrison St, West Lafayette, IN 47906-6911

$505,000
Estimated value
4,947 sqft 0.26 AC lot
View details
1801 Country Squire Ct
APARTMENT HOUSE (UNDER 5 UNITS)

1801 Country Squire Ct, West Lafayette, IN 47906-5598

$290,000
Estimated value
2,816 sqft 6.57 AC lot
View details
925 Princess Dr
APARTMENT HOUSE (UNDER 5 UNITS)

925 Princess Dr, West Lafayette, IN 47906-2063

$305,000
Estimated value
2,576 sqft 0.28 AC lot
View details
3500 Bethel Dr
APARTMENT HOUSE (UNDER 5 UNITS)

3500 Bethel Dr, West Lafayette, IN 47906-6649

$435,000
Estimated value
5,600 sqft 0.31 AC lot
View details
2811 Horizon Dr
APARTMENT HOUSE (UNDER 5 UNITS)

2811 Horizon Dr, West Lafayette, IN 47906-6605

$310,000
Estimated value
4,352 sqft 0.26 AC lot
View details
106 Lorene Pl
APARTMENT HOUSE (UNDER 5 UNITS)

106 Lorene Pl, West Lafayette, IN 47906-8730

$310,000
Estimated value
2,560 sqft 5.75 AC lot
View details
105 Lorene Pl
APARTMENT HOUSE (UNDER 5 UNITS)

105 Lorene Pl, West Lafayette, IN 47906-8728

$485,000
Estimated value
2,560 sqft 0.38 AC lot
View details
101-103 Lorene Pl
APARTMENT HOUSE (UNDER 5 UNITS)

101-103 Lorene Pl, West Lafayette, IN 47906

$255,000
Estimated value
2,560 sqft 1.05 AC lot
View details
229 Fowler Ave
APARTMENT HOUSE (UNDER 5 UNITS)

229 Fowler Ave, West Lafayette, IN 47906-2910

$245,000
Estimated value
4,143 sqft 0.16 AC lot
View details

West Lafayette, IN Residential Income Properties Market Trends and Statistics

Explore 63 residential income properties for sale in West Lafayette, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 45,621 square feet of properties for sale, with an estimated market value of $4,500,000.

Sale prices for residential income properties in West Lafayette, IN average $4,500,000 — 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

Multifamily properties 4
Apartment buildings 3
Quadplexes 1

Demographics Overview

Population 74K
Population Growth (5Y) -2.1%
Median Household Income $51,736
College Educated 32.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
47906 $4.5M

Taxes & Financing

Tax Rate (average for all types) 2.08%
Property Tax per SF $32.49 per SF
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 West Lafayette fall within the 50,000 to 100,000 square foot range.

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