521 S 16th ST, Lafayette, IN 47905
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521 S 16th ST, Lafayette, IN 47905
521 S 16th ST, Lafayette, IN 47905
521 S 16th ST, Lafayette, IN 47905
521 S 16th ST, Lafayette, IN 47905
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Mick McMaken

Mick McMaken

+1(260) 255-8111
Listed by Tim Meyers • Trueblood Real Estate • Agt: 765-479-1856
$ 259,900
Est. payment /mo
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521 S 16th ST Lafayette, IN 47905

6 Beds

3 Baths

1,864 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,864 sqft

MLS Listing ID IRM202646569

Style Traditional

Bedrooms 6

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 1920

Annual Tax Amount $3,614

Tax Year 2026

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 50x130

Property Sub-Type Duplex

Property Description

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.

Location

State IN

County Tippecanoe County

Rooms

Basement Partial

Interior

Heating Gas, Forced Air

Inclusions Building, Land, Lease

Fireplace N

Exterior

Parking Features Gravel, Off Street, Public Parking, On Street

Waterfront Description None

View Y/N true

Total Parking Spaces 4

Building

Lot Description Sloped

Story Two and a Half

Sewer Public Sewer

Water City

Level or Stories Two and a Half

New Construction No

Schools

Elementary Schools Thomas Miller

Middle Schools Sunnyside/Tecumseh

High Schools Jefferson

School District Lafayette

Others

Pets Allowed No

Tax ID 79-07-28-183-008.000-004

Monthly Total Fees $2, 500

Acceptable Financing IRM202646569

Listing Terms IRM202646569

Special Listing Condition None

Pets Allowed Yes

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202646569

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
Mick McMaken

American Dream Team Real Estate Broker

Phone

+1(260) 255-8111

Address

10520 River Rapids Ct, Fort Wayne, IN 46845, USA

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521 S 16th ST