1003 Cincinnati Street

Lafayette, IN 47904

$239,900
Price
5
Beds
2
Baths
2
1/2 Baths
2,458 Sq. Ft.
$98 / Sq. Ft.
2,458
Sq. Ft.
$98
per Sq. Ft.

Description

Looking for extra income? This tastefully updated duplex located in downtown Lafayette is a perfect opportunity! With a new year’s lease signed by the same tenant who has resided here for 10 years, it offers steady rental income. Since 2009, the property has undergone numerous updates, including new vinyl siding, windows, both water heaters, furnaces, and A/C units. Storage units have been added to the rear porch for both sides. The 1003 side boasts a complete renovation, including new kitchen and...Looking for extra income? This tastefully updated duplex located in downtown Lafayette is a perfect opportunity! With a new year’s lease signed by the same tenant who has resided here for 10 years, it offers steady rental income. Since 2009, the property has undergone numerous updates, including new vinyl siding, windows, both water heaters, furnaces, and A/C units. Storage units have been added to the rear porch for both sides. The 1003 side boasts a complete renovation, including new kitchen and bathroom cabinets, countertops, appliances, paint, flooring, and lighting. The washer and dryer have been relocated to the lower level, creating more space in the kitchen. A new west porch has also been completed. On the 1005 side, recent updates include new flooring, paint, and lighting. This duplex blends the charm of downtown living with the potential for rental income. Whether you're looking for a home with extra income or a full investment property, this is a great opportunity! 24 hour showing notice required.

Property Details for 1003 Cincinnati Street

Style
Two Story
Subdivision
None
Waterfront
No
Water Features
None
Pet Restrictions
Yes
LISTING UPDATED: 12/20/2024 10:33 PM

Property Details for 1003 Cincinnati Street

StatusActive
MLS #202447737
Days on Market1
Taxes$2,110 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1890
Lot Size0.07 AC / 3,049 SF
CountyTippecanoe County

Building Information for 1003 Cincinnati Street

Stories2Residences2Year Built1890Building Size-Lot Size0.07 AC / 3,049 SF

Property Information for 1003 Cincinnati Street

Summary
Location and General Information
  • Area: Tippecanoe County
  • City: Lafayette
  • Zip Code: 47904
  • City Zoning: R1
  • State: IN
  • Township: Fairfield
  • Geo Latitude: 40
  • Geo Longitude: -87
  • Inside City Limits: Yes
  • Fips Code: 18157
  • Directions To Property: From Ferry Street, right onto N 4th Street, right onto Union Street, right onto N 10th Street, left onto Cincinnati Street.
Taxes and HOA
  • Assessed Value $: $172,000.00
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2025
  • Parcel Number Id: 79-07-21-300-011.000-004
School Information
  • School District: Lafayette
  • Elementary: Murdock
  • Middle School: Sunnyside/Tecumseh
  • High School: Jefferson
Parking
  • Number Of Parking Spaces: 0
  • Parking: Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Duplex
  • Approx Lot Size Acres: 0.07
  • Lot Dimensions: 50X63
  • Below Grade Unfin Sqft: 930.0
  • Total Square Feet: 3388.0
  • Approx Lot Size Sqft: 3049.0
  • Above Grade Finished Sqft: 2458.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 930.0
  • Total Finished Sqft: 2458.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Corner, Level
Property and Assessments
  • New Construction: No
  • Year Built: 1890
  • Age: 134
  • Documents Available: Sellers Disclosure
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Ceiling Fan, Ceiling-9+, Countertops-Laminate, Detector-Smoke, Porch Covered
  • Common Amenities: Sidewalks
  • Exterior: Brick, Vinyl
  • Fence: None
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Asphalt, Shingle
Interior Features
  • Number of Dishwashers: 2
  • Number of Disposals: 2
  • Number of Dryers: 2
  • Number of Microwaves: 2
  • Number of Ranges/Ovens: 2
  • Number of Refrigerators: 2
  • Number of W/D Hookups: 2
  • Number of Washers: 2
  • Basement Material: Block
  • Basement: Yes
  • Basement/Foundation: Partial Basement, Unfinished
  • Cooling: Central Air
  • Flooring: Vinyl Tile
  • Heating/Fuel: Gas, Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 5
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 5
  • Total Number of Full Baths: 2
  • Total Number of Half Baths: 2
  • Total Baths: 4
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 1
  • Num Of 3 Bedrooms: 1
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 1
  • Number of Buildings: 1
  • Number of Units: 2
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $13,200
  • Annual Insurance Expense: $1,644
  • Annual Maint. Expense: $500
  • Annual Misc: $0
  • Annual Net Income: $7,986
  • Annual Property Tax: $2,110
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $960
  • Gross Monthly Income: $1,100
  • Gross Monthly Rent: $1,100
Unit Information
Unit 1
  • Unit 1 SqFt: 1223
  • Unit 1-Num of Bathrooms: 2
  • Unit 1-Num of Bedrooms: 3
  • Unit 1-Num of Rooms: 6
  • Unit 1-Basement: Yes
  • Unit 1-Currently Rented: Yes
  • Unit 1-Deposit Amount: $550.00
  • Unit 1-Electric: Tenant
  • Unit 1-Garage: No
  • Unit 1-Gas: Tenant
  • Unit 1-Laundry Room: Basement
  • Unit 1-Lease Exp Date: 11-30-2025
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 1003
  • Unit 1-Unit Rent $: $1,100
Unit 2
  • Unit 2 SqFt: 1235
  • Unit 2-Num of Bathrooms: 2
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Num of Rooms: 5
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: No
  • Unit 2-Garage: No
  • Unit 2-Laundry Room: Kitchen
  • Unit 2-Unit Number: 1005
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Heating

Property History for 1003 Cincinnati Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1003 Cincinnati Street

Taxable ValueLand$9,800Additions$95,700Total$105,500
Tax Record2023$2,110 ($176 / month)
Home Facts
Baths2Total Finished SqFt2,424 SqFtAbove Grade Finished SqFt2,424 SqFtStories2Lot Size3,150 SqFtStyleMulti-Family Dwelling (2-4)Year Built1890CountyTIPPECANOEAPN79-07-21-300-011.000-004

Schools near 1003 Cincinnati Street

This home is within Lafayette School Corporation.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Murdock Elementary School
PublicK to 4

Lafayette Sunnyside Middle School
Public5 to 6

Lafayette Tecumseh Jr High School
Public7 to 8

Jefferson High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1003 Cincinnati Street is a multi-family home for sale in Lafayette, IN 47904. This property was listed for sale on December 20, 2024 by Shook Realty Group, it's currently listed at $239,900. This listing's school district is Lafayette School Corporation. Nearby schools include Murdock Elementary School, Lafayette Sunnyside Middle School and Lafayette Tecumseh Jr High School. 1003 Cincinnati Street is a 5-bed, 3-bath, 2,458 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Shook Realty Group

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.