521 S 16th Street, Lafayette, IN 47905

Lafayette
Local realty services provided by:Better Homes and Gardens Real Estate Connections
521 S 16th Street,Lafayette, IN 47905
$259,900
Virtual Tour
  • 6 Beds
  • 3 Baths
  • 1,864 sq. ft.
  • Multi-family
  • Active
Listed by: tim meyersAgt: 765-479-1856
Office: trueblood real estate
MLS#:202646569
Source:Indiana Regional MLS

Price summary

  • Price:$259,900
  • Price per sq. ft.:$119

About this home

Great investment opportunity in the heart of Lafayette. This multi-family duplex offers two 3 bedroom units. One unit currently leased until the end of April and the other is month to month allowing investors to have an opportunity to establish new leases at market rates and maximize the property's income potential. This also allows the option of an owner to occupy one unit and lease the other, further adding to their ROI. Lower unit has an area that was used as a greenhouse room. It could be finished out for more finished living area space. A completely new roof was just installed reducing maintenace costs for years to come! Inspections are welcome but property is being sold AS-IS.

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Home facts

  • Year built:1920
  • Subdivision & Development:None
  • Listing ID #:202646569
  • Added:1 day(s) ago
  • Updated:November 13, 2026 at 05:53 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:2
  • Flooring:Carpet, Vinyl
  • Basement Description:Partial Basement
  • Living area:1,864 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1920
  • Building area:1,864 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Slope
  • Architectural Style:Traditional, Two and Half Story
  • Construction Materials:Vinyl
  • Levels:2 1/2 Stories

Schools

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

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$259,900
  • Price per sq. ft.:$119
  • Tax amount:$1,500

Features and amenities

  • Laundry features:Washer Hook-Up
  • Amenities:Cable Ready

Parking

  • Parking description:Gravel Driveway, Gravel Parking, Off Street Parking, Public Parking, Street Parking
  • Garage spaces:1.5
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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