Cheap homes for sale & real estate in 47901, IN

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ABOUT THIS HOME
Cheap Home for sale in 47901, IN:
Historic home with timeless character. Step into the beauty and craftsmanship of this special home featuring five bedrooms and an abundance of original character. The home offers original lighting and hardwood flooring, and beautifully detailed fireplaces. The main floor has a parlor, spacious living room, bedroom, formal dining room and kitchen creating a versatile layout suitable for everyday living or entertaining friends. The incredibly detailed staircase leads to the second floor, which has four bedrooms, a bath, a partial kitchen and attic space. This home awaits a new owner to maintain its original details while updating and making repair where needed. This home also offers the possi

$219,000

5 beds2 baths2,816 sq ft

220 Perrin Ave, Lafayette, IN 47901

Hardwood flooring • Two entrances • Detailed fireplaces

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in 47901, IN:
If you love a home with a story to tell, 408 S. 7th St. deserves a look! Situated on a . 22-acre lot within walking distance of downtown Lafayette, this historic home offers 5 bedrooms, 2 full baths, and character around every corner. A welcoming covered front porch sets the scene for slow mornings with coffee and relaxing evenings beneath the mature trees. Inside, wood floors, substantial trim, paneled doors, and decorative glass windows showcase its timeless charm. The bright living room opens to a formal dining room with a brick fireplace, ready for holiday dinners and everyday gatherings. The kitchen pairs white cabinetry and glass-front accents with a rich blue tile backsplash, farmhou

$414,900

5 beds2 baths3,161 sq ft

408 S 7th St, Lafayette, IN 47901

Covered front porch • Shaded backyard • Brick fireplace

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in 47901, IN:
There is something reassuring about owning real estate, particularly during times when many people are questioning where the economy and financial markets may be headed. This stately 1890 Victorian offers an opportunity to own a tangible, income producing property in a convenient Midtown Lafayette location. With nearly 4,000 square feet, the property has been divided into three spacious apartments with dedicated off street parking on a small lot adjacent. The main level unit offers two bedrooms, two full baths, a kitchen and dining area. Upstairs is a large three bedroom, one bath apartment with an impressive living room, while the third unit provides one bedroom, one bath, a kitchen and li

$365,000

6 beds4 baths3,986 sq ft

1308 South St, Lafayette, IN 47904

Midtown location • 7,405 sq ft lot • 3 parking spots

ABOUT THIS HOME
Cheap Home for sale in 47901, IN:
Excellent Cash flow Opportunity in an Excellent location within the continually growing and improving downtown Lafayette. This unit is 5- 1 bedroom units. This can be purchased with the 4- 1 bedroom units next door at 505 N 4th. Inquire for more info. Seller is Listing Agent.

$350,000

5 beds5 baths4,548 sq ft

501 N 4th St Unit A-B-C-D-E, Lafayette, IN 47901

0.58 acre lot • 4 parking spots • Built 1900

ABOUT THIS HOME
Cheap Home for sale in 47901, IN:
Enjoy downtown living in this spacious 2-bedroom, 2-bath condo at 225 N 2nd Street, Unit 3H. The open-concept layout features a generous kitchen with granite countertops, stainless steel appliances, abundant cabinetry, a large center island with seating, and an easy flow into the dining and living areas. Large windows bring in plenty of natural light, while the private covered balcony offers the perfect spot to relax and take in the downtown surroundings. The spacious primary suite includes a large en-suite bath with dual vanities, dual walk in closets and walk-in shower. A second bedroom and full bath provide flexibility for guests, a home office, or additional living space. The condo also

$425,000

2 beds2 baths1,456 sq ft

225 N 2nd St Unit 3H, Lafayette, IN 47901

Large center island • Large en-suite bath • Granite countertops

Property at 626 N 5th St, Lafayette, IN 47901, 3 beds, 2.5 baths

$299,000

3 beds2.5 baths1,748 sq ft

626 N 5th St, Lafayette, IN 47901

Property at 217 Perrin Ave, Lafayette, IN 47901, 9 beds, 3 baths

$314,900

9 beds3 baths4,084 sq ft

217 Perrin Ave, Lafayette, IN 47901

Property at 12 N 3rd St #302, Lafayette, IN 47901, 1 bed, 1.5 baths

$395,000

1 bed1.5 baths1,471 sq ft

12 N 3rd St #302, Lafayette, IN 47901

Property at 629 North St, Lafayette, IN 47901, 3 beds, 1.5 baths

$195,000

3 beds1.5 baths2,328 sq ft

629 North St, Lafayette, IN 47901

Property at 225 N 2nd St Unit 3B, Lafayette, IN 47901, 2 beds, 2 baths

$435,000

2 beds2 baths1,521 sq ft

225 N 2nd St Unit 3B, Lafayette, IN 47901

Property at 225 N 2nd St Apt 2C, Lafayette, IN 47901, 2 beds, 2 baths

$399,999

2 beds2 baths1,530 sq ft

225 N 2nd St Apt 2C, Lafayette, IN 47901

Property at TBD W 450 S, Shadeland, IN 47909

$169,000

Land3.73 acres (lot)

TBD W 450 S, Shadeland, IN 47909

Property at S 800 E, Lafayette, IN 47905

$380,000

Land10.01 acres (lot)

S 800 E, Lafayette, IN 47905

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ABOUT THIS HOME
Cheap Home for sale in 47901, IN:
Experience the joy of new construction in this stunning home, now complete and ready for you to make lasting memories! The open main level floorplan is perfect for entertaining, featuring a delightful kitchen with solid surface countertops, stainless steel appliances, a center island, and a spacious walk-in pantry. The expansive great room, dining area, and inviting entryway with a ventless fireplace provide a flexible living space for your needs. Retreat to the second floor where all three bedrooms await, ensuring comfort and privacy away from the main living area. Each home showcases distinct architecture and vibrant exterior colors, creating a unique sense of community. Embrace 21st-cent

$307,000

3 beds2.5 baths1,760 sq ft

603 S 3rd St, Lafayette, IN 47901

New construction • Ventless fireplace • Center island

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in 47901, IN:
Welcome to this charming 3-bedroom, 2-bathroom ranch located just minutes from the vibrant downtown community! The property features a welcoming front porch and the main spaces include an open concept floor plan, 9' ceilings and spacious kitchen with ample cabinetry, tile backsplash, an island and modern stainless steel appliances. The spacious owner's suite has a walk-in closet and ensuite bath. There is a private, backyard patio -- perfect for grilling, a small garden or your bistro table. The oversized two-car garage is a standout feature, equipped with a utility sink, pull-down attic access and a heavy-duty, Fort Knox safe is included in the sale. Additionally, the property offers two

$264,900

3 beds2 baths1,350 sq ft

401 Erie St, Lafayette, IN 47904

Walk-in closet • Front porch • Ensuite bath

$349,000

4 beds2.5 baths2,671 sq ft

412 Perrin Ave, Lafayette, IN 47904

7,449 sq ft lot • Built 1920 • Listed 3 days

ABOUT THIS HOME
Cheap Home for sale in 47901, IN:
Needs much love. Metal roof. Lots of potential.

$136,000

3 beds1.5 baths1,797 sq ft

1108 Salem St, Lafayette, IN 47904

6,098 sq ft lot • Built 1890 • Listed 15 days

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in 47901, IN:
Step into timeless charm with this whimsical Victorian gem on Lafayette's Historic 9th Street Hill, walkable to everything Downtown. Offering 4 bedrooms, 2 baths, and over 2,500 square feet of flexible living space, this home blends rich historic character with key modern updates—including a new AC (2026) and 200-amp electrical service (2026). Several living spaces showcase high ceilings, hardwood floors, a custom fireplace, refaced kitchen cabinetry, and a cozy bedroom window seat with beautiful neighborhood views. The sunlit third-floor loft offers endless versatility—ideal for extra sleeping quarters, a home office, or an art studio-with generous closet storage. Outside, enjo

$345,000

4 beds2 baths2,658 sq ft

811 S 9th St, Lafayette, IN 47905

Custom fireplace • High ceilings • New ac

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in 47901, IN:
CHARACTER, FLEXIBILITY AND VALUE COME TOGETHER AT 1622 VIRGINIA STREET! This inviting Lafayette home offers 2 bedrooms plus a versatile loft with potential for a third bedroom, home office or additional living space. Many updates already completed! Featuring approximately 1,400 square feet, hardwood flooring, a functional layout and a stamped-concrete patio, this home offers comfortable living with plenty of potential. The garage provides convenient parking and storage, while the established neighborhood puts you close to shopping, dining, schools and everyday amenities. New windows in 2026!

$210,000

2 beds1 bath1,400 sq ft

1622 Virginia St, Lafayette, IN 47905

Versatile loft • New windows • 6,900 sq ft lot

Property at 826 S 18th St, Lafayette, IN 47905, 3 beds, 1 bath

$200,000

3 beds1 bath1,064 sq ft

826 S 18th St, Lafayette, IN 47905

Property at 1403 Grove St, Lafayette, IN 47905, 3 beds, 1 bath

$198,998

3 beds1 bath1,004 sq ft

1403 Grove St, Lafayette, IN 47905

Property at 203 Lincoln St, Lafayette, IN 47904, 6 beds, 2 baths

$269,900

6 beds2 baths2,788 sq ft

203 Lincoln St, Lafayette, IN 47904

Property at 1605 Adams St, Lafayette, IN 47905, 3 beds, 2.5 baths

$249,900

3 beds2.5 baths2,054 sq ft

1605 Adams St, Lafayette, IN 47905

Property at 1431 Kossuth St, Lafayette, IN 47905, 3 beds, 1.5 baths

$249,900

3 beds1.5 baths1,757 sq ft

1431 Kossuth St, Lafayette, IN 47905

Property at 1524 Virginia St, Lafayette, IN 47905, 2 beds, 1 bath

$138,000

2 beds1 bath940 sq ft

1524 Virginia St, Lafayette, IN 47905

Property at 1808 Thompson St, Lafayette, IN 47904, 5 beds, 2 baths

$329,000

5 beds2 baths2,350 sq ft

1808 Thompson St, Lafayette, IN 47904

Based on information submitted to the MLS GRID as of Mon Oct 05 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Cheap Homes for Sale in 47901

There are currently 13 cheap homes for sale in 47901 at a median listing price of $397K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 47901 stay on the market for 80 days. This map is refreshed with the newest listings in 47901 every 15 minutes.

In the past month, 2 homes have been sold in 47901. In addition to houses in 47901, there were also 5 condos, 1 townhouse, and 2 multi-family units for sale in 47901 last month. 47901 is a fairly walkable zip code in Tippecanoe County with a Walk Score of 77. 47901 is home to approximately 3,338 people and 4,075 jobs. Find your dream home in 47901 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 47901 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 47901. If you're looking to sell your home in the 47901 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 47901 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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