Listing courtesy of Keller Williams Lafayette · Listing agent: Amy Bray · Cell: 765-650-6329

Virtual tour
ActiveDuplex

127 S 31st Street

$250,000

$148.63 / sq ft

Est. $1,663/mo

Lafayette, IN 47904

Original price $279,000 · Price reduced on July 28, 2026

  • Basement
Bedrooms
4
Bathrooms
2
Living area
2,532 sq ft
Lot
0.14 ac
Year built
1945
Type
Duplex
Listed
July 22, 2026
MLS #
202629429

About this home

Both units are currently tenant-occupied. Rear Unit: $1,000/month. Lease through July 2027. Front Unit: Currently rented at $1,100/month and expected to be vacant after the current tenant’s move-out next month. Washer and dryer are tenant-owned and do not convey. Tenants pay all utilities. Off-street parking available for each unit.

Monthly payment estimate

$1,663/mo

Principal & interest
$1,368
Property taxes
$222
Homeowners insurance
$73
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.
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Property details

Interior

Levels
One
Stories
1
Total area
2,532 sq ft
Finished area above grade
1,682 sq ft
Finished area below grade
850 sq ft
Below grade total
850 sq ft
Bedrooms above grade
4
Basement
Partial
Flooring
Wood
Heating
Forced Air
Cooling
Central Air, Window Unit(s)
Amenities
Basement, Off Street Parking

Exterior & parking

Style
Traditional
Construction
Vinyl Siding
Roof
Shingle
Foundation
Block
Parking
Gravel, Off Street
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Level
Lot size (acres)
0.14 ac
Lot dimensions
.14 A
Location type
City/Town/Suburb
County
Tippecanoe County
Township
Fairfield
Platted
Yes
Planned unit development
No
Directions
South St to 31st, down 1 st block on left

Schools

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

Taxes & terms

Annual taxes
$2,662
Tax year
2026
Listing terms
Cash, Conventional
Possession
At Closing
Parcel number
79-07-27-127-016.000-004

Included in the sale

Included in sale
Building,Land,Lease

Utilities

Water
City
Sewer
Public Sewer
Electric provider
Duke Energy Indiana
Gas provider
CenterPoint Energy

Income & commercial

Units
2
Buildings
2
Annual gross rent
$25,200
Net operating income
$22,538
Parking spaces
3
Pets allowed
Yes
Tenant pays
Cable TV, Cooling, Electricity, Heat, Maintenance Structure, Trash Collection, Water

Location

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