110 S 16th Street Lafayette, IN $ 349,900
110 S 16th Street
$ 349,900
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110 S 16th Street

Lafayette, IN, 47905
$ 349,900
Bedrooms3 Baths2.0 Sq 1,360

Monthly Estimate*

$ 2,183

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Multi-Family Home for sale in Lafayette, IN

for $349,900 with 3 bedrooms and 2 full baths. This 1,360 square foot home was built in 1910.

MOTIVATED SELLER! Live, work, and invest-all in the same property! The possibilities are endless with this rare opportunity to own a well-established lawn mower repair shop along with 2 rental units. Use your business savvy to bring out the full potential in this property. Unit 1 is a 1 bedroom efficiency,that has rented for $600 monthly. Unit 2 is a 3 bedroom, 1 bathroom space with washer/dryer hookups that has rented for $1500. With some renovations, those rents could increase. Seller is willing to train new owner to run the mower shop or it can be cleared out so you can reimagine a new possibility. Tenants can walk Downtown or catch a quick bus to Purdue.Acquire this property individually, or package it with the adjacent duplex at 1602 Grove--don't miss your chance to shape a corner of this developing area and maximize your investment potential.

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Multi-Family Active

Price

$ 349,900

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 7,122

Style

Traditional,Converted House

Year Built

1910

Town/City

Lafayette

County/Region

Tippecanoe

MLS | Web ID

202540185

Features
General
Heating Gas Forced Air
Cooling Wall AC
Sewer City
# of Buildings 1
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1910
Parking Public
New Construction No
Tenant Pays Cable
Subdivision None
Style One and Half Story
Stories Count 2
Township Fairfield
Class INVESTMENT
Type Duplex
Age 115
Net Income 18577.15
Rent Income 27000
Features Ceiling Fan Storage Countertops-Laminate Detector-Smoke Eat-In Kitchen Water Heater Gas
REO No
Status Detail 0
Common Amenities Sidewalks
Area Tippecanoe County
Location City/Town/Suburb
High School Jefferson
City Lafayette
School District Lafayette
Architctural Style Traditional Converted House
Total Sq Ft 1360
Elementary School Thomas Miller
Middle School Sunnyside/Tecumseh
Legal Description OAKLAND ADDN LOT 66
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202540185
Agent First Name Jessica
Agent Last Name Collaco
DOM 67
Tax Year 24 pay 25
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Interior
Basement Partial Basement
Flooring Carpet Wood
Beds 3
Total Number of Units 2
Microwaves 0
Refrigerators 2
Washers 1
Dryer(s) 1
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 3
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 2
W/D Hookups 1
Basement Material Block
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Exterior
Exterior Vinyl
Driveway Concrete
Pool No
Number of Parking Spaces 2
Lot Size Area 653
Lot Dimensions 50x 132
Lot Description Corner
Fence None
Water Meters 1
Electric Meters 1
Outbuilding None
Water Features None
Gas Meters 1
Waterfront Y/N No
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* Excluded Features
List By
Jessica Collaco

Listing Agent

Keller Williams Lafayette

Broker

jcollaco@kw.com

Email

Affordability Calculator

$2,776
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,183
Monthly Property Taxes
$594
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1237225 Elementary School
1413940 Middle School
Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
10/3/2025$349,900 Listed Price

Map


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110 S 16th Street, Lafayette, IN, 47905 is a Multi-Family Home for sale at $349,900 with 1,360 sqft. 110 S 16th Street has 3 bedrooms, 2.0 baths, and was built in 1910. The property's zip code is 47905 which is in Lafayette, IN