About 1219 S 4th Street
USE ONE SIDE FOR BUSINESS AND RENT OUT THE OTHER SIDE. Prime Investment Opportunity Near Purdue University. This income-generating duplex offers an unbeatable location just minutes from campus, downtown, bus lines, and the public library, making it an ideal choice for student living or traditional rentals. The property features a classic exterior with a covered front porch, alongside a separate entrance for added privacy. Unit 1 features a unique, wide-open layout with a flexible living space and a functional kitchen setup, with market rent projected at $1,400 per month. Unit 2 provides a classic, comfortable multi-level layout including a cozy living room, a spacious kitchen, and relaxing bedroom spaces, currently cash-flowing at $1,430 per month. Both units feature the massive tenant perk of in-unit washers and dryers, a private side patio area perfect for outdoor relaxation, and low overhead with tenants paying all utilities. A great opportunity to rent one side and run a successful business out of the other side.
Features of 1219 S 4th Street
| MLS® # | 202624714 |
|---|---|
| Price | $329,000 |
| Bedrooms | 5 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 2,080 |
| Acres | 0.15 |
| Year Built | 1935 |
| Type | Multifamily |
| Sub-Type | Duplex |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 1219 S 4th Street |
|---|---|
| Subdivision | None |
| City | Lafayette |
| County | Tippecanoe County |
| State | IN |
| Zip Code | 47905 |
Amenities
| Features | Ceiling Fan, Ceiling-9+, Ceiling-Tray, Countertops-Laminate, Open Floor Plan, Water Heater Gas, Washer Hook-Up |
|---|---|
| Parking Spaces | 3 |
| Parking | Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Concrete, Vinyl |
|---|---|
| Heating | Gas, Forced Air |
| Cooling | Central Air, Window |
| # of Stories | 2 |
| Stories | Two Story |
| Has Basement | Yes |
| Basement | Cellar, Partial Basement |
Exterior
| Exterior | Vinyl |
|---|---|
| Lot Description | Level |
| Construction | No |
| Foundation | Block, Poured Concrete, Stone |
School Information
| District | Lafayette |
|---|---|
| Elementary | Thomas Miller |
| Middle | Sunnyside/Tecumseh |
| High | Jefferson |
Additional Information
| Days on Market | 72 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Not Applicable |
Listing Details
| Agent | Sherry Cole |
|---|---|
| Office | Keller Williams Lafayette |
| Contact Info | Agt: 765-426-9442 |