521 S 16th Street, Lafayette, IN 47905 (MLS # 202646569)
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Listed with Tim Meyers, Trueblood Real Estate, Agt: 765-479-1856
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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.
| DAYS ON MARKET | 0 | LAST UPDATED | 11/12/2026 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1920 |
| COUNTY | Tippecanoe | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | Lafayette |
|---|---|
| Elementary School | Thomas Miller |
| Jr. High School | Sunnyside/Tecumseh |
| High School | Jefferson |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Disposal, Microwave, Range, Refrigerator |
| BASEMENT | Partial, Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Forced Air, Natural Gas |
| LOT | 6534 sq ft |
| LOT DESCRIPTION | Sloped |
| LOT DIMENSIONS | 50x130 |
| PARKING | Gravel, Off Street, On Street |
| SEWER | Public Sewer |
| STYLE | Traditional |
| SUBDIVISION | None |
| TAXES | 3614 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Tim Meyers, Trueblood Real Estate, Agt: 765-479-1856
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 11/12/26 12:25 PM PST
Walk Score provided by walkscore.com
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 11/12/26 12:25 PM PST
Walk Score provided by walkscore.com
This IDX solution is (c) Diverse Solutions 2026.
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