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Property view

635 North Street, 
Lafayette, IN 47901

$450,000


7

Beds


7

Baths


2,676

Sq Ft


Multi-Family

Sold

Listed by

Tabitha Casto

Truvant Realty

MLS#

202502701

Source:

Indiana Regional MLS

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About This Home

635 North Street

This is an exceptional investment opportunity featuring a thoughtfully maintained seven-plex situated in a highly sought-after downtown locale. This fully occupied multi-unit property comprises seven efficiency units and is ideally located within walking distance of Main Street. Nestled in historic downtown Lafayette, the building provides convenient access to local coffee shops, local restaurants, pubs, boutiques, entertainment venues, and various activities offered in greater downtown Lafayette, all just steps from your door. It is particularly suitable for college students, given its proximity to the pedestrian bridge leading to Purdue University's campus, which can be reached easily by bike or a short car ride. The property currently generates a monthly gross income of $3,605. Half of the units are equipped with separate utilities, while the owner covers utilities for the remaining units. The seller is responsible for water service for the entire building. 635 North presents significant potential for increased rental income in the future. Schedule your private showing today. (Agents please refer to agent remarks for more info).

Home Facts

Multi-Family

7 Baths

7 Bedrooms

Built in 1920

Price Summary

450,000

$168 per Sq. Ft.

MLS #:

202502701

Sold:

February 28, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

7

Interior

Living Area:

2,676 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional, Two Story

Building Area:

4,014 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

7,436


Finances & Disclosures

Finances

Price:

$450,000

Price per Sq. Ft:

$168 per Sq. Ft.

Source:Indiana Regional MLS
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS LLC.