4511 Sr 25 N, Lafayette, IN 47905
Local realty services provided by:ERA Crossroads
Listed by: rebecca johnson, erika fultzAgt: 765-426-2083
Office: re/max at the crossing
MLS#:202540436
Source:Indiana Regional MLS
Price summary
- Price:$679,500
- Price per sq. ft.:$160.41
About this home
CAP RATE 6.9% Cash Flow Dream-4 Homes, Workshop Barn, 1.51 acres! Looking for a rare investment in a peaceful country setting? This cash-producing 5 unit property features a spacious main ranch home with a finished basement with attached 2 car garage and workshop barn PLUS three additional homes, all leased generating a total of $4,700/month with room to raise! Each cottage includes a carport, window ac and shed. Located in the highly desirable Hershey, East Tipp and Harrison schools, this property is a golden opportunity for investors seeking instant cash flow and long-term upside. Ideal for seasoned investors or anyone looking to start a portfolio. Part of a living trust, any sale subject to the tenants and their leases. Inspections welcome, sold as-is. 24 hour showing notice required.
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Home facts
- Year built:1961
- Listing ID #:202540436
- Added:171 day(s) ago
- Updated:March 27, 2026 at 02:59 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:6
- Full bathrooms:6
- Flooring:Carpet, Ceramic Tile, Mixed, Vinyl
- Basement Description:Finished
- Living area:4,236 sq. ft.
Heating and cooling
- Cooling:Central Air, Multiple Cooling Units, Wall AC
- Heating:Electricity, Forced Air, Gas, Multiple Heating Systems
- Central air:Yes
Structure and exterior
- Roof:Composite, Shingle
- Year built:1961
- Building area:4,236 sq. ft.
- Lot area:1.51 Acres
- Lot Features:Corner, Level
- Architectural Style:One Story, Ranch
- Construction Materials:Aluminum
- Exterior Features:Porch Covered, Porch Open
- Levels:1 Story
Schools
- High school:William Henry Harrison
- Middle school:East Tippecanoe
- Elementary school:Hershey
Utilities
- Water:Private, Well
- Sewer:Private, Septic
Finances and disclosures
- Price:$679,500
- Price per sq. ft.:$160.41
Features and amenities
- Amenities:Ceiling Fan, Garage-Heated, Storage, Water Heater Gas
Parking
- Parking description:Concrete Driveway, Garage Parking, Off Street Parking, Private Parking
- Garage spaces:1
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