Jackie Jacobs

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1014 Heath Street
Lafayette, IN 47904

$259,900 - Status: Active
SQFT: 2,800
MLS# 202622126

Turnkey investment opportunity just minutes from Downtown Lafayette and Purdue University! This well-maintained historic duplex was cared for by an owner-occupant for a number of years. It features approximately 2,800 square feet across two spacious units, both 2 bedrooms and 1 bath each. Fully leased with renewed tenant agreements through July 2027, this property offers immediate, dependable income and a proven rental history. Over the years, the owner has completed numerous quality improvements, including a newer roof, separate utilities, updated kitchens and baths, refinished hardwood floors, multiple HVAC and water heater replacements, and finished third-floor living space. Long-term tenants have consistently renewed their leases, reflecting the property's condition and desirability. Recent street improvements, including new pavement, sidewalks, and curbs, further enhance this convenient location just minutes from shopping, dining, downtown amenities, and Purdue University. A rare opportunity to acquire a well-maintained, fully occupied investment property.

Property Features

MLS#: 202622126
Zip: 47904
Subdivision:
Development: Fairfield
Property Type: Multi Unit - Multiple
Number of Units: 2
Basement: Crawl, Full Basement
Basement: Yes
Cooling: Central Air
Days on Site: 7
Heating: Forced Air
Home Style: Duplex
Lot Size: 0.14 acres
Roof Type: Shingle
Stories: 3.0
Year Built: 1901

Feature Descriptions

Above Grade Finished SQFT: 2800
Amenities: Basement, Ceiling Fan, Fenced Yard, Off Street Parking, Storage, Built-In Bookcase, Cable Ready, Ceiling-9+, Chair Rail, Closet(s) Walk-in, Countertops-Laminate, Deck Open, Detector-Carbon Monoxide, Detector-Smoke, Eat-In Kitchen, Firepit, Foyer Entry, Garage Door Opener,
Common Amenities: Sidewalks
Exterior: Aluminum
Location: City/Town/Suburb, Near College Campus
Lot Description: Level
Lot Dimensions: 130x50
Owner Pays: Maintenance, Sewer, Trash Collection, Water
Sale Inclusions: Building, Land, Lease
Sewer: City
Tenant Pays: Cable, Cooling, Electric, Heating, Lawn Maintenance, Snow Removal, Water Softener, Deposit Value
Total Finished SQFT: 2800
Units: 2
Water: City

Local Schools

High School: Jefferson
Middle School: Sunnyside/Tecumseh
Elementary School: Thomas Miller
School District: Lafayette

1014 Heath Street | MLS# 202622126

This multi-family property located at 1014 Heath Street, Lafayette, IN 47904 is currently listed for sale with an asking price of $259,900. Heath Street is located within the Lafayette school district. Search Lafayette real estate on jjacobs.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: Keller Williams Lafayette
Agency Contact: Agt: 765-714-1971
Agent Name: Scott Brown

Shown By

Agent Name: Jackie Jacobs
Agent Phone: (574) 520-7707
Agency Title: Coldwell Banker 1st Choice

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Coldwell Banker 1st Choice Jackie Jacobs (574) 520-7707

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