Listing courtesy of Elite Property Mgmt and Realty · Listing agent: Ryan Griswold
217 Perrin Avenue
Lafayette, IN 47901-1560
Original price $345,000 · Price reduced on August 11, 2026
- Basement
- Bedrooms
- 9
- Bathrooms
- 3
- Living area
- 4,084 sq ft
- Lot
- 0.22 ac
- Year built
- 1901
- Type
- Duplex
- Listed
- July 8, 2026
- MLS #
- 202627192
About this home
Rare opportunity to own a fully functional, income producing duplex near the historical downtown section of Lafayette Indiana. Convenient access to major roads and highways such as US52/US231, I65, SR26 and others. Being so close to downtown also puts you close to a full array of shopping and dining experiences just waiting to be had for yourself or your tenants. The duplex itself features a 5 BR 2 bath unit and a 4 BR 1 bath unit. Both sides are fully leased and have been updated within the last few years which include newer appliances in one unit. With over 4000 sq feet of living space, there is no shortage of storage in this property either.
Monthly payment estimate
$2,116/mo
- Principal & interest
- $1,724
- Property taxes
- $300
- Homeowners insurance
- $92
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2025 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
- Two
- Stories
- 2
- Total area
- 4,714 sq ft
- Finished area above grade
- 4,084 sq ft
- Unfinished area below grade
- 630 sq ft
- Below grade total
- 630 sq ft
- Bedrooms above grade
- 9
- Basement
- Partial, Unfinished
- Flooring
- Carpet, Vinyl
- Heating
- Natural Gas, Baseboard, Forced Air
- Cooling
- Wall Unit(s), Window Unit(s)
- Amenities
- Ceiling Fan, Fireplace, Off Street Parking, Storage, Cable Available, Deck Open, Detector-Smoke, Porch Covered
Exterior & parking
- Style
- Victorian
- Construction
- Aluminum Siding, Vinyl Siding
- Roof
- Asphalt, Shingle
- Parking
- Gravel, Off Street
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Sloped, 0-2.9999
- Lot size (acres)
- 0.22 ac
- Lot dimensions
- 50X191
- Location type
- City/Town/Suburb
- County
- Tippecanoe County
- Township
- Fairfield
- Lots
- 54
- Platted
- Yes
- Planned unit development
- No
- Directions
- West on Main st, right on Perrin and the home is on the right.
Schools
- Elementary school
- Murdock
- Middle school
- Sunnyside/Tecumseh
- High school
- Jefferson
- School district
- Lafayette
Taxes & terms
- Annual taxes
- $3,600
- Tax year
- 2025
- Listing terms
- Cash, Conventional
- Possession
- DOC
- Parcel number
- 79-07-21-384-002.000-004
Included in the sale
- Included in sale
- Building,Land,Lease
Utilities
- Water
- City
- Sewer
- Public Sewer
- Electric provider
- Duke Energy Indiana
- Cable / internet provider
- Cinergy MetroNet,Comcast/Xfinity
Income & commercial
- Units
- 2
- Annual gross rent
- $37,800
- Net operating income
- $33,200
- Lease term
- Month To Month
- Parking spaces
- 4
- Pets allowed
- Yes
- Tenant pays
- Electricity, Heat, Water
- Electric meters
- 2
- Gas meters
- 1
- Water meters
- 1
- Maintenance (annual)
- $1,000
Location
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