1014 Heath St, Lafayette, IN, 47904
About This Home
Turnkey investment opportunity just minutes from Downtown Lafayette and Purdue University! This well-maintained historic duplex was cared for by an owner-occupant for a number of years. It features approximately 2,800 square feet across two spacious units, both 2 bedrooms and 1 bath each. Fully leased with renewed tenant agreements through July 2027, this property offers immediate, dependable income and a proven rental history. Over the years, the owner has completed numerous quality improvements, including a newer roof, separate utilities, updated kitchens and baths, refinished hardwood floors, multiple HVAC and water heater replacements, and finished third-floor living space. Long-term tenants have consistently renewed their leases, reflecting the property's condition and desirability. Recent street improvements, including new pavement, sidewalks, and curbs, further enhance this convenient location just minutes from shopping, dining, downtown amenities, and Purdue University. A rare opportunity to acquire a well-maintained, fully occupied investment property.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1901
Materials
- Foundation: Basement
- Roof: Shingle
- Construction materials: Aluminum Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional,Victorian
- Property subType: Duplex
Interior
Appliances
- Appliances included: Gas Water Heater,Water Softener Owned
- Laundry features: Washer Hookup
Basement
- Has basement: Yes
- Basement: Crawl Space,Full,Brick
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Ceiling Fan(s),Storage,Bookcases,Ceiling-9+,Walk-In Closet(s),Laminate Counters,Eat-in Kitchen,Entrance Foyer,Pantry,Wired for Data
- Door features: Pocket Doors,Six Panel Doors,Storm Door(s),Storm Doors
- Window features: Storm Window(s),Storm Windows
- Flooring: Carpet,Concrete,Laminate,Wood,Tile,Vinyl
- Finished area below ground: 0
- Finished area above ground: 2,800
Heating & Cooling
- Heating features: Forced Air,High Efficiency Furnace
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 3,650
- Total interior livable area: 2,800 sqft
Property
Accessibility
- Accessibility features: Chair Rail
Details
- Parcel number: 790721106013.000004
- Zoning: B1,R2
- Zoning description: multi-family
Features
- Levels: Three Story
- Stories: 3
- Patio & porch: Deck,Porch Covered
- Exterior features: Fire Pit
- Fencing: Full,Chain Link,Fenced
Lot
- Lot size: 6,102 sqft
- Features: Level,City/Town/Suburb,Near College Campus,Landscaped
- Lot size dimensions: 130x50
Parking
- Total spaces: 1
- Parking features: Detached,Garage,Off Street,Paved,On Street,Off Street Parking,Garage Door Opener,Garage Utilities,Concrete
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Winter Weather
- Hail
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,314 | $15,768 |
| Home Insurance * | $174 | $2,088 |
| Property Taxes | $263 | $3,156 |
| Electricity | $256 | $3,080 |
| Total | $2,007 | $24,084 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-08 | Listed for sale | $259,900 |
| 2021-03-24 | Listing removed | -- |
| 2017-06-16 | Listing removed | $800 |
| 2017-06-15 | Listed for rent | $800 |
| 2012-03-29 | Sold | $115,000 |
| 2012-02-04 | Listed for sale | $124,900 |
| 2011-12-03 | Listing removed | $125,900 |
| 2011-08-06 | Price change | $125,900 |
| 2011-06-13 | Price change | $126,900 |
| 2010-08-25 | Listed for sale | $128,900 |
| 2010-07-17 | Listing removed | $129,500 |
| 2010-02-20 | Price change | $129,500 |
| 2009-07-19 | Listed for sale | $139,900 |
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