723 S 5th Street, Lafayette, IN 47905 (MLS # 202549225)
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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; buyer to verify.
| DAYS ON MARKET | 1 | LAST UPDATED | 12/18/2025 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1920 |
| COUNTY | Tippecanoe | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | Lafayette |
|---|---|
| Elementary School | Thomas Miller |
| Jr. High School | Sunnyside/Tecumseh |
| High School | Jefferson |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Range, Refrigerator |
| CONSTRUCTION | Brick, Vinyl Siding |
| HEAT | Forced Air, Natural Gas |
| LOT | 0.91 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 35x112 |
| PARKING | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | One and Half Story |
| SUBDIVISION | None |
| TAXES | 2258 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with Jason Conley, Raeco Realty
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: 12/18/25 7:52 PM PST
Walk Score provided by walkscore.com
Copyright© 2025 IRMLS. All rights reserved.
Last Updated On: 12/18/25 7:52 PM PST
Walk Score provided by walkscore.com
This IDX solution is (c) Diverse Solutions 2025.
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