$699,500

4511 SR 25 N, Lafayette, IN 47905

  • 9 beds |
  • 6 baths |
  • 4,236 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon1.51acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $165/sqft
  • Property List Date Icon Listed 28 days ago

Property Description

CAP RATE 6.71% Cash Flow Dream-4 Homes, Workshop Barn, 1.51 acres! Looking for a rare investment in a peaceful country setting? This cash-producing 5 unit property features a spacious main ranch home with a finished basement with attached 2 car garage and workshop barn PLUS three additional homes, all leased generating a total of $4,700/month with room to raise! Each cottage includes a carport, window ac and shed. Located in the highly desirable Hershey, East Tipp and Harrison schools, this property is a golden opportunity for investors seeking instant cash flow and long-term upside. Ideal for seasoned investors or anyone looking to start a portfolio. Part of a living trust, any sale subject to the tenants and their leases. Inspections welcome, sold as-is. 24 hour showing notice required.

Listing Status:
Active
Date Added:
October 6, 2025 at 05:00AM
Listing Office:
RE/MAX At The Crossing : 317-595-1900
Listing Agent:
Rebecca Johnson : 765-426-2083
MLS ID:
202540436
  • Basement: Finished
  • Flooring: CarpetMixedCeramic TileVinyl
  • A/C: Central AirMultiple Cooling UnitsWall AC
  • Heating: ElectricityForced AirGasMultiple Heating Systems
  • General: Aluminum
  • Style: RanchOne Story
  • Other Structures: Barn
  • Parking: GarageOff StreetPrivateParking spaces: 12
  • Roofing: CompositeShingle
  • School District: Tippecanoe School Corp.
  • Driveway: Concrete
  • Zoning: PT W NW SEC 36 TWP 24 R4 1.50 A79-03-36-100-008.000-027
  • Fencing: None

This listing courtesy of Rebecca Johnson, RE/MAX At The Crossing

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hershey Elementary School

7521 E 300 N, Lafayette, IN, 47905

Grades KG-5

3.86 miles away

E

East Tipp Middle School

7501 E 300 N, Lafayette, IN, 47905

Grades 6-8

3.74 miles away

W

William Henry Harrison High School

5701 N 50 W, West Lafayette, IN, 47906

Grades 9-12

4.75 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.