2226 N 23Rd Street, Lafayette, IN 47904 (MLS # 202536013)
Twitter
Facebook
Email
|
Attention investors! This 3-bedroom, 2-bathroom ranch in Lafayette is a rare find with strong rental potential and endless possibilities for a flip or buy-and-hold investment. The home features a finished basement with a second kitchen, making it ideal for multi-generational living, a second rental unit, or student housing. A large 2.5-car detached garage adds extra value with space for parking, storage, or a workshop. This fixer-upper already has the major updates completed. The roof was replaced in 2023, and in 2024 the furnace, AC, water heater, electrical, and sewer line were all updated. With solid bones and the big-ticket items already done, this property is ready for cosmetic upgrades to maximize equity and cash flow. Located just 10 minutes from Purdue University, this home offers prime proximity for student rentals, short-term rentals, or long-term rentals. Lafayette is a growing Indiana market with strong demand for housing, making this an excellent opportunity for investors seeking a value-add property. Home is being sold AS-IS.
| DAYS ON MARKET | 20 | LAST UPDATED | 10/3/2025 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1948 |
| GARAGE SPACES | 2.5 | COUNTY | Tippecanoe |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| School District | Lafayette |
|---|---|
| Elementary School | Vinton |
| Jr. High School | Sunnyside/Tecumseh |
| High School | Oakland |
| PRICE HISTORY | |
| Prior to Oct 3, '25 | $190,000 |
|---|---|
| Oct 3, '25 - Today | $175,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater, None, Water Heater |
| BASEMENT | Finished, Full, Yes |
| CONSTRUCTION | Vinyl Siding |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| LOT | 5227 sq ft |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 43X126 |
| PARKING | Detached |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | None |
| TAXES | 76 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with Nick Laviolette, Compass, Cell: 317-690-3370
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright© 2025 IRMLS. All rights reserved.
Last Updated On: 10/23/25 10:34 AM PDT
Walk Score provided by walkscore.com
Copyright© 2025 IRMLS. All rights reserved.
Last Updated On: 10/23/25 10:34 AM PDT
Walk Score provided by walkscore.com
This IDX solution is (c) Diverse Solutions 2025.
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Steve
Schwering to contact you even if your name is on a Federal or State
"Do not call List".