801-813 N 5th Street
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.
Broker Details
Emmert Realty, LLC (812) 448-8580
MLS ID: 175 State License Number: RB14023790
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,149,000 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 2 |
| Number of Bathrooms: | 1 |
ID: 3yd-THAARIN-110586
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