$189,000

Property Description

Excellent investment opportunity! This well-maintained four-unit property is ideally located just minutes from Union Hospital and the Indiana State University campus, offering strong rental appeal for healthcare professionals, students, and other tenants seeking a convenient location. Each unit is total electric, with tenants responsible for their own electric service, helping to minimize the owner's operating expenses. The owner pays water and sewer, and the electricity for the water heater, dryer and hall lights, making this an attractive, low-maintenance investment. New roof was installed in 2022. Conveniently located near downtown Terre Haute, restaurants, shopping, public transportation, and major employers, this four-plex offers an excellent opportunity to expand your investment portfolio or add a dependable income-producing property. With its desirable location and favorable utility structure, this multifamily property is one you won't want to miss!

Property Facts & Features

Property Type

Multi Family

Status

Active

Listed

Jul 13, 2026

Price per Sq Ft

$77/sqft

ZIP Code

47807

Full Baths

4

Neighborhood

The Avenues

County

Vigo

School District

Vigo County School Corp

Features & Amenities

Location

Lat 39.48005 · Lng -87.40684