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2226 N 23rd Street Lafayette IN 47904
- 3
- Bedrooms
- 2
- Baths
- N/A
- SQ. Feet
(Above Ground)
- 0.12
- Acres
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.
Property Details
Interior Features
- Appliances: Gas Water Heater
- Cooling: Central Air
- Heating: Forced Air, Natural Gas
Exterior Features
- Features: Storage Shed
- # Acres: 0.12
Listing Office: Compass Indiana, Llc
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Listing information last updated on September 13th, 2025 at 3:40am EDT.
