$260,000

723 S 5th Street, Lafayette, IN 47905

  • 4 beds |
  • 2 baths |
  • 2,230 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon0.91acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $117/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Welcome to 723 S 5th St in Lafayette, Indiana-an excellent duplex investment or house-hacking opportunity in a convenient south side location. Built in 1920, this well-maintained and updated property features two spacious units, each offering 2 bedrooms and 1 bathroom with functional layouts and modern updates throughout. Both sides have been cared for and improved over time, providing a truly turnkey, cash-flowing investment with minimal deferred maintenance. For owner-occupants, this property offers the ideal opportunity to live in one unit while renting the other to offset your mortgage. With strong rental demand in the area and solid construction, this duplex is a great addition to any investor’s portfolio or a smart entry point into multifamily ownership.This property can be purchased individually or as part of a three-property portfolio including 1029 N 7th and 1829 Greenbush. Please provide at least 24-hour notice for all showings. All square footage figures are approximate; buyer to verify.

Listing Status:
Active
Date Added:
December 18, 2025
Data Last Updated:
February 18, 2026 at 7:57AM
Listing Office:
Raeco Realty : 765-838-2785
Listing Agent:
Jason Conley : 765-491-9496
MLS ID:
202549225
  • Basement: Slab
  • Flooring: CarpetLaminateVinyl
  • A/C: Central Air
  • Heating: GasForced Air
  • General: BrickVinyl
  • Style: One and Half Story
  • Other Structures: None
  • Parking: Parking spaces: 2
  • Roofing: AsphaltShingle
  • School District: Lafayette
  • Driveway: None
  • Zoning: W K ROCHESTER 3RD 35 FT NSIDE OF LOT 679-07-29-403-007.000-004

This listing courtesy of Jason Conley , Raeco Realty

Monthly Payment

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

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Location

Schools Nearby

M

Miller Elementary School

700 S 4th St, Lafayette, IN, 47905

Grades KG-4

0.14 miles away

T

Tecumseh Junior High School

2101 S 18th St, Lafayette, IN, 47905

Grades 7-8

1.25 miles away

J

Jefferson High School

1801 S 18th St, Lafayette, IN, 47905

Grades 9-12

1.09 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.

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