801 N 5th Street, Terre Haute, IN 47807

$2,149,000
19,024
SqFt

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List Price
$2,149,000
MLS#
22128136
Property Type
Commercial Sale
Sqft. of Residence
19,024
Year Built
1994
Days on Market
21
Status
ACTIVE

Property Description

Prime Multi-Family Investment Opportunity Near Indiana State University! Excellent opportunity to acquire a fully occupied, 18-unit apartment community located within walking distance of the Indiana State University campus. With a strong student-housing location, established occupancy, and a desirable mix of unit sizes, this property offers an attractive addition to any rental portfolio. The community consists of five duplex buildings featuring spacious three-bedroom units, along with an 8-unit building offering two-bedroom apartments. The property was built with quality construction, has been well maintained, and provides the convenience tenants are looking for, including off-street parking and an on-site picnic shelter. Currently 100% occupied, this established rental community offers immediate income and the advantages of a location convenient to ISU, downtown Terre Haute, shopping, dining, and other area amenities. Whether you're an experienced rental property investor looking to expand your holdings or an entrepreneur ready to grow your real estate portfolio, this is a rare opportunity to acquire a sizable, stabilized multi-family property in the Terre Haute market.

Additional Information

Foundation
Slab
Stories
Two
Architecture
Split Level
Acres
0.09
Heat
Heat Pump
Cooling
Central Air
Region
Harrison

Listing courtesy of Kimberly Emmert-ODell. Emmert Realty

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.