Listing courtesy of Epique Inc. · Listing agent: Jay Benner · Agt: 765-426-8884

ActiveFiveplex

501 N 4th Street

$350,000

$76.96 / sq ft

Est. $2,373/mo

Lafayette, IN 47901

  • Basement
Bedrooms
5
Bathrooms
5
Living area
4,548 sq ft
Lot
0.58 ac
Year built
1900
Type
Fiveplex
Listed
September 23, 2026
MLS #
202639423

About this home

Excellent Cash flow Opportunity in an Excellent location within the continually growing and improving downtown Lafayette. This unit is 5- 1 bedroom units. This can be purchased with the 4- 1 bedroom units next door at 505 N 4th. Inquire for more info. Seller is Listing Agent.

Monthly payment estimate

$2,373/mo

Principal & interest
$1,916
Property taxes
$355
Homeowners insurance
$102
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

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Property details

Interior

Levels
Three
Stories
3
Total area
6,064 sq ft
Finished area above grade
4,548 sq ft
Unfinished area below grade
1,516 sq ft
Below grade total
1,516 sq ft
Bedrooms above grade
5
Basement
Full, Outside Entrance
Flooring
Mixed
Heating
Electric, Baseboard
Cooling
Central Air, Window Unit(s)
Amenities
Off Street Parking, Cable Available, Fire Sprinkler System

Exterior & parking

Construction
Vinyl Siding
Roof
Asphalt
Parking
Gravel, Parking Lot, Off Street, On Street
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Corner Lot, Level
Lot size (acres)
0.58 ac
Lot dimensions
.58 A
County
Tippecanoe County
Township
Fairfield
Cross street
Brown
Platted
Yes
Planned unit development
No
Directions
North on 4th St. to Brown St.

Schools

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

Taxes & terms

Annual taxes
$4,254
Tax year
2026
Tax exemptions
No Exemptions
Possession
Tenants Rights
Parcel number
79-07-20-402-004.000-004

Included in the sale

Included in sale
Building,Land

Utilities

Water
City
Sewer
Public Sewer

Income & commercial

Units
5
Annual gross rent
$41,700
Net operating income
$30,786
Parking spaces
4
Pets allowed
No
Tenant pays
Cable TV, Electricity
Electric meters
5
Water meters
1
Insurance (annual)
$2,100
Water & sewer (annual)
$1,700
Electric (annual)
$360
Maintenance (annual)
$2,500

Location

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