Listing courtesy of The Real Estate Agency · Listing agent: Robyn Bower · Agt: 765-337-3960

Virtual tour
ActiveTriplex

1011 Union Street

$150,000

$68.93 / sq ft

Est. $1,136/mo

Lafayette, IN 47904

  • Basement
Bedrooms
3
Bathrooms
3.5
Living area
2,176 sq ft
Lot
0.19 ac
Year built
1900
Type
Triplex
Listed
October 6, 2026
MLS #
202641404

About this home

INVESTMENT OPPORTUNITY near downtown Lafayette! This triplex offers three separate units and plenty of potential for an investor looking to add to or start building a rental portfolio. While the property could benefit from some updates and improvements, the units are ready for tenants and offer immediate income-producing possibilities. Conveniently located near downtown Lafayette with easy access to restaurants, shopping, entertainment, employment, and area amenities. Whether you're looking for a value-add investment, long-term rental property, or an opportunity to improve and increase future returns, this property is worth a closer look. Three units, one property, and plenty of potential! Unit 1 is a 2-bed, 1.5-bath. Unit 2 is a 1-bed, 1-bath, and Unit 3 is a studio apartment that could be converted back into a garage. Endless possibilities here. Plenty of parking in the back and a carport. Inspections welcome. Property sold as-is.

Monthly payment estimate

$1,136/mo

Principal & interest
$821
Property taxes
$271
Homeowners insurance
$44
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

Get pre-approved

Know your real budget before you tour, and make a stronger offer. We'll connect you with a local lender.

Property details

Interior

Levels
Two
Stories
2
Total area
2,790 sq ft
Finished area above grade
2,176 sq ft
Unfinished area below grade
614 sq ft
Below grade total
614 sq ft
Bedrooms above grade
3
Basement
Partial
Flooring
Wood, Vinyl
Heating
Natural Gas, Forced Air
Cooling
Central Air, Window Unit(s)
Amenities
Basement, Ceiling Fan, Fireplace, Off Street Parking, Ceiling-9+, Countertops-Laminate, Eat-In Kitchen, Foyer Entry, Patio Open

Exterior & parking

Style
Converted House
Construction
Vinyl Siding
Roof
Asphalt, Shingle
Foundation
Brick/Mortar
Parking
Off Street
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Level
Lot size (acres)
0.19 ac
Lot dimensions
50 x 164
Location type
City/Town/Suburb
County
Tippecanoe County
Township
Fairfield
Platted
Yes
Planned unit development
No
Directions
From N 9th St. Right on Union. Home on Right.

Schools

Elementary school
Murdock
Middle school
Sunnyside/Tecumseh
High school
Jefferson
School district
Lafayette

Taxes & terms

Annual taxes
$3,254
Tax year
2026
Listing terms
Cash, Conventional
Possession
At Closing
Parcel number
79-07-21-308-007.000-004

Utilities

Water
City
Sewer
Public Sewer

Income & commercial

Units
3
Buildings
2
Net operating income
-$3,254
Parking spaces
3
Pets allowed
No

Units

UnitCountBedsBathsRentGarage
——21——
——11——
——01——

Location

Loading map...

$150,000

3 beds · 3.5 baths