MOTIVATED SELLER! Live, work, and invest-all in the same property! The possibilities are endless with this rare opportunity to own a well-established lawn mower repair shop along with 2 rental units. Use your business savvy to bring out the full potential in this property. Unit 1 is a 1 bedroom efficiency, that has rented for $600 monthly. Unit 2 is a 3 bedroom, 1 bathroom space with washer/dryer hookups that has rented for $1500. With some renovations, those rents could increase. Seller is willing to train new owner to run the mower shop or it can be cleared out so you can reimagine a new possibility. Tenants can walk Downtown or catch a quick bus to Purdue. Acquire this property individually, or package it with the adjacent duplex at 1602 Grove--don't miss your chance to shape a corner of this developing area and maximize your investment potential.
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Location
110 South 16th Street, Lafayette, IN 47905
Status
Sold
Date Sold
January 14, 2026
Features & Amenities
Interior
total bedrooms3
Total bathrooms2
full bathrooms2
KITCHEN Eat-in Kitchen, Refrigerator, Range
Laundry room Washer Hookup
Flooring Carpet
APPLIANCES Dryer, Range, Refrigerator, Washer
other interior Features Eat-in Kitchen
Area & Lot
StatusSold
Date SoldJanuary 14, 2026
Living Area1,360 Sq.Ft.
Lot Area0.015 Acres
MLS® ID202540185
TypeMulti-Family
YEAR BUILT1910
NeighborhoodLafayette
Architecture StylesTraditional
Elementary SchoolThomas Miller
Middle SchoolSunnyside/Tecumseh
High SchoolJefferson
School DistrictLafayette
Exterior
STORIES1
water SourcePublic Water
roofShingle, Rubber
lot featuresCorner Lot
HEAT TYPEGas Heat, Forced Air
AIR CONDITIONINGWall Unit(s)
sewerPublic Sewer
other exterior FeaturesVinyl Siding
Financial
Sales Price$245,000
Lafayette
The median household income in Lafayette, Indiana is $47,396.
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