Triplex with Detached Garage
For Sale
$198,000
2017 N 16th St, Lafayette, IN 47904
Three-unit income property with separately metered utilities and a detached garage apartment.
Property Size2,624 SF
Price / SF$75.46
Days on Market42
Property Features for 2017 N 16th St
General Information
Standard status
Active
Size
2,624 SF
Property subtype
Multi-Family
Building Details
Year Built
1901
Listing Agency:
CRM Properties, Inc
(765) 438-7432
Listed By:
Katie Franklin
Source:
Kmsrealestategroup
Added: Jul 20
Changed: Aug 30
Last Checked: Aug 25 at 4:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CRM Properties, Inc
Investment Insights
Based on property information with market context.
This triplex contains 2,624 square feet across a primary duplex and a detached garage apartment. The main building has two two-story residences, each configured with two bedrooms and one full bathroom. A separate garage structure adds a third apartment above, providing one bedroom and one bathroom.
The property was built in 1901 and is currently fully occupied, with one residence scheduled to become vacant next month. Each utility service is separately metered and paid by the tenants. The unit layout combines two larger apartments in the main structure with a smaller detached unit, creating three distinct residential spaces on one property.
The property was built in 1901 and is currently fully occupied, with one residence scheduled to become vacant next month. Each utility service is separately metered and paid by the tenants. The unit layout combines two larger apartments in the main structure with a smaller detached unit, creating three distinct residential spaces on one property.
Key Highlights
- Three‑unit configuration with two apartments in the main building and one above a detached garage
- 2,624 SF total property size
- Two main‑building units offer 2 bedrooms and 1 full bathroom each
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
413
Businesses Nearby
Explore this area
Business Placement
Demographics for 47904, IN
16,571
Population
7,776
Households
2.1
Avg Household Size
34
Median Age
19%
College-Educated
84%
High-School Grad
5.8 sq mi
ZIP Area
2,857
Density / Sq Mi
$46,841
Median Household Income
$34,455
Median Earnings
$965
Median Rent
$118,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit income property with separately metered utilities and a detached garage apartment.
Where is this triplex located?
The property is located at 2017 N 16th St Lafayette, IN.
What is the asking price?
The asking price for this property is $198,000.
What are key features of this property?
This property features: Three‑unit configuration with two apartments in the main building and one above a detached garage; 2,624 SF total property size; Two main‑building units offer 2 bedrooms and 1 full bathroom each
