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221 W Wood St
West Lafayette, IN 47906
Multifamily Property For Sale
·
11 Units
Executive Summary
This 11 Unit apartment building sits on the edge of Purdue's campus. It is directly across the street from a large 9 figure development. The property is a short walk to campus, and surrounded by the food and recreation opportunities Purdue's campus has to offer. Purdue continues to see growth, and this property is well positioned. The property is zoned R3W.
11 studio apartments currently getting $10,694/mo in gross rent.
In May of 2026, West Lafayette released a downtown plan amendment, and designated this area conservation/recreation.
11 studio apartments currently getting $10,694/mo in gross rent.
In May of 2026, West Lafayette released a downtown plan amendment, and designated this area conservation/recreation.
Property Facts
| Price Per Unit | $131,818 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| No. Units | 11 | Building Size | 5,697 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1985 |
| Price Per Unit | $131,818 |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 5,697 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1985 |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Eat-in Kitchen
- Refrigerator
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 11 | - | 600 |
Property Taxes
| Parcel Number | 79-07-19-428-007.000-026 | Improvements Assessment | $1,023,700 |
| Land Assessment | $0 | Total Assessment | $1,023,700 |
Property Taxes
Parcel Number
79-07-19-428-007.000-026
Land Assessment
$0
Improvements Assessment
$1,023,700
Total Assessment
$1,023,700
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