$425,000
0.46± Acres
Available
Vigo County, Indiana

Brand-New 4 Unit Portfolio in Terre Haute IN

ID: 116732
Status: Available
Price: $425,000
Acres: 0.46
Type: Residential Property
Address: 1218 S 13 1/2 St
City, State: Terre Haute, Indiana
County: Vigo
Zip Code: 47802
Presented By: Delmar Wagler

Description

New Duplex Investment Opportunity - Terre Haute, Indiana

Here is a chance to add a clean, brand-new income-producing property to your real estate portfolio: two newly constructed duplexes offering four total rental units in Terre Haute. Each unit features a spacious 2-bedroom, 1-bath layout with attractive granite countertops, nice cabinetry, and finishes designed to appeal to today's renter. With a target rent of $1,250 per month per unit, this property offers projected gross rental income of:

$5,000 per month

$60,000 per year

Tenants pay their own utilities, and the units have separately metered electric, helping keep landlord overhead more manageable and making utility responsibility straightforward for each resident. Separately metered utilities are generally desirable in duplex ownership because they allow residents to be billed for their own consumption This is a strong opportunity for the investor wanting newer construction, modern finishes, four doors under one investment, and the potential for dependable monthly cash flow. Put tenants in place, let the granite tops and fresh finishes help attract quality renters, and enjoy an investment built for the long haul.

Additional Details

Home Details

Sq Ft: 1896
Beds: 8
Full Baths: 4

Virtual Tour

Ask Delmar About This Property

Nearby Properties Around Vigo County

Price Reduced
Vigo County, IN
Awesome opportunity to add an affordable, income-producing TRI-PLEX to your rental portfolio in Terre Haute, Indiana. This “cash cow” has been cash flowing for years, with established long-term tenants already in place — and it has the potential to k...
0.12± Acres
|
$95,000
2 Bed Home For Sale in Terre Haute IN
Vigo County, IN
Awesome chance to add a 2-bedroom, 1-bath single-family rental to your investment portfolio in Terre Haute, Indiana. This property is already producing income at $775 per month, with a long-term tenant in place and the tenant paying utilities. That m...
0.12± Acres
|
$60,000
Sullivan County, IN
Beautiful Country Home on 0.95 Acre in Shelburn, IndianaEnjoy country living in this gorgeous 4-bedroom, 2-bath home, built new in 2024 and located in Sullivan County, Indiana. Set on a spacious 0.95-acre lot with a wooded backdrop, this home feature...
0.95± Acres
|
$150,000

More Properties from Delmar Wagler

Greene County, IN
148 Acre Tillable Farm in the Newberry Bottoms Awesome Opportunity to own 148± acres in the Newberry Bottoms of Greene County, Indiana. Farms this size — with nearly 100% tillable acres — do not come available every day. This is the kind of farm...
148± Acres
|
$1,500,000
Jay County, IN
UNLIMITED INCOME POTENTIAL on this 51.63 Acre Cattle Farm Operation FORSALE in Jay County Indiana. This Farm is set up well to handle different Calf Sizes... The 450 ft. (south) building is nicely divided into 3 compartments for disease control and h...
51.63± Acres
|
$1,500,000
Price Reduced
Daviess County, IN
Gorgeous Lake Living on West Boggs Lake with direct water frontage and access, this custom-built 6 bed, 4 bath home spans 4,400 sq. ft. across 2.5 awesome lake lots. The abundant windows through out give this home the feeling that you live ON THE LAK...
0.3± Acres
|
$850,000