723 S 5th Street, Lafayette, IN 47905

Lafayette
Local realty services provided by:ERA First Advantage Realty, Inc.
723 S 5th Street,Lafayette, IN 47905
$250,000
Virtual Tour
  • 4 Beds
  • 2 Baths
  • 2,230 sq. ft.
  • Multi-family
  • Active
Listed by: jason conley
Office: raeco realty
MLS#:202549225
Source:Indiana Regional MLS

Price summary

  • Price:$250,000
  • Price per sq. ft.:$112.11

About this home

Welcome to 723 S 5th St in Lafayette, Indiana-an excellent duplex investment or house-hacking opportunity in a convenient south side location. Built in 1920, this well-maintained and updated property features two spacious units, each offering 2 bedrooms and 1 bathroom with functional layouts and modern updates throughout. Both sides have been cared for and improved over time, providing a truly turnkey, cash-flowing investment with minimal deferred maintenance. For owner-occupants, this property offers the ideal opportunity to live in one unit while renting the other to offset your mortgage. With strong rental demand in the area and solid construction, this duplex is a great addition to any investor’s portfolio or a smart entry point into multifamily ownership.This property can be purchased individually or as part of a three-property portfolio including 1029 N 7th and 1829 Greenbush. Please provide at least 24-hour notice for all showings. All square footage figures are approximate;...

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Home facts

  • Year built:1920
  • Listing ID #:202549225
  • Added:101 day(s) ago
  • Updated:March 30, 2026 at 03:44 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Laminate, Vinyl
  • Basement Description:Slab
  • Living area:2,230 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1920
  • Building area:2,230 sq. ft.
  • Lot area:0.91 Acres
  • Lot Features:Level
  • Architectural Style:One and Half Story
  • Construction Materials:Brick, Vinyl
  • Levels:1 1/2 Stories

Schools

  • High school:Jefferson
  • Middle school:Sunnyside/Tecumseh
  • Elementary school:Thomas Miller

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$250,000
  • Price per sq. ft.:$112.11
  • Tax amount:$2,000

Features and amenities

  • Amenities:Cable Ready, Countertops-Laminate, Water Heater Electric

Parking

  • Garage spaces:1
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 2026 Indiana Regional MLS LLC.

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