2226 N 23rd Street, Lafayette, IN 47904

• 3 beds |
• 2 baths |
• 1,728 sqft

Property Description

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.

Listing Status:

Active

Listing Office:

Compass Indiana, LLC : 317-690-3370

Listing Agent:

Nicholas Laviolette : 317-690-3370

MLS ID:

22060639

Interior

• General: Attic AccessEat-in Kitchen
• Appliances: Gas Water Heater
• Basement: DaylightFinishedFull
• A/C: Central Air
• Heating: Forced AirNatural Gas
• Fireplace: Fireplaces: 0

Exterior

• General: Storage Shed
• Style: Ranch
• Parking: Detached

Construction

• General: OneBlock

Location

• Originating MLS: mibor
• School District: Lafayette School Corporation
• County: Tippecanoe

Lot

• Zoning: J G Robinsons Addn Lot 43 & 3 Ft S Side Lot 44790716835093000004
• Fencing: Chain LinkFull

Utilities

• Water: Public

Financial

• Source: mibor

This listing courtesy of Nicholas Laviolette, Compass Indiana, LLC