525 S 3rd St, Lafayette, IN 47905

Turnkey 4-unit income property in a growing section of Downtown Lafayette. This fully occupied building includes two 2-bedroom units and two 1-bedroom units, generating $4,000/month in gross rents with a mix of tenant and landlord-paid utilities. Recent updates will reduce maintenance concerns and provide a solid foundation for long-term returns. With one lease ready for renewal in the coming month, there’s immediate upside to increase utility income and market rents, giving investors a clear path to enhance cash flow from day one. Centrally located, tenants enjoy walkable access to downtown shopping, dining, entertainment, ensuring strong demand in Lafayette’s expanding rental market for years to come. This property is ideal for investors looking to add stable, income-producing real estate to their portfolio in a high-demand area. Leases and financials available upon request.