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    110 S 16Th St Lafayette, IN 47905

    For Sale
    $349,900

    Traditional,Converted House, Duplex - Lafayette, IN

    Type:Duplex
    Property size:
    1,360 SF
    Lot size:
    0.02 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 110 S 16Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Laundry
    Bedrooms
    3
    Bathrooms
    2
    APN
    79-07-28-129-008.000-004
    EntryLevel
    Combined,Main
    Exterior features
    Ceiling Fan, Storage, Countertops-laminate, Detector-smoke, Eat-in Kitchen, Water Heater Gas, Sidewalks, None
    Basement Y/N
    1
    Appliances
    Dryer, Range
    Size
    1,360 SF
    Lot size
    0.02 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Wall Unit(s)

    Building Details

    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Wood
    Roof type
    Rubber, Shingle
    Architectural style
    New Traditional
    Additional Structures
    Storage

    Lafayette Success Group, LLC (765) 807-7177 [email protected]

    Listing agent Jessica Collaco (765) 807-7177 License #RB25000542

    Listing date Nov 10, 2025

    MLS# 202540185 Listing URL

    Copyright © 2025 Lafayette Regional Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lafayette Duplex with Business Opportunity

    This property presents an opportunity to live, work, and invest. It features a lawn mower repair shop and two rental units. Unit 1 is an efficiency with one bedroom, previously rented for $600 per month. Unit 2 includes three bedrooms, one bathroom, and washer/dryer hookups, previously rented for $1500. Renovations may allow for increased rental income. The seller is open to training a new owner to operate the mower shop, or the space can be repurposed. The property's location allows tenants to walk downtown or take a bus to Purdue. The property size is 1360 square feet and the lot size is 0.015 acres. It is located in Lafayette, Tippecanoe County, Indiana. This property can be acquired individually or packaged with the adjacent duplex. The property is located in a developing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tyrie Mower Repair Lawn Mower Repair Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Tippecanoe
    State
    Indiana
    Longitude
    -86.878852
    Latitude
    40.415862

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    FAQs

    What type of property is this?
    Duplex - Duplex with established business, investment potential in developing area.
    Where is this duplex located?
    The property is located at 110 S 16Th St Lafayette, IN.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: - Established lawn mower repair shop included, offering immediate business opportunity.; - Two rental units provide immediate income potential (1 BR efficiency & 3 BR unit).; - Prime location near Downtown and Purdue University, offering easy access for tenants.
    (765) 807-7177
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    Lafayette, IN 47905
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    110 S 16Th St Lafayette, IN 47905
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