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110 S 16th Street, Lafayette, IN 47905

Lafayette
Local realty services provided by:CENTURY 21 Affiliated
110 S 16th Street,Lafayette, IN 47905
$245,000
  • 3 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: jessica collaco
Office: keller williams lafayette
MLS#:202540185
Source:Indiana Regional MLS

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Price summary

  • Price:$245,000

About this home

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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Home facts

  • Year built:1910
  • Listing ID #:202540185
  • Added:176 day(s) ago
  • Updated:March 29, 2026 at 06:20 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Wood
  • Kitchen Description:Eat-In Kitchen
  • Basement Description:Partial Basement

Heating and cooling

  • Cooling:Wall AC
  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Rubber, Shingle
  • Year built:1910
  • Lot Features:Corner
  • Architectural Style:Converted House, One and Half Story, Traditional
  • Construction Materials:Vinyl
  • Levels:1 1/2 Stories

Schools

  • High school:Jefferson
  • Middle school:Sunnyside/Tecumseh
  • Elementary school:Thomas Miller

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$245,000

Features and amenities

  • Amenities:Ceiling Fan, Countertops-Laminate, Detector-Smoke, Sidewalks, Storage, Water Heater Gas

Parking

  • Parking description:Concrete Driveway, Public Parking
  • Garage spaces:1
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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