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Listed price in listed location currency (USD).
$279,900

000

MLS® 22091411

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 21
Lot Size 
Approx. Age 
MLS® Number 22091411

Property Address: 2333 N 14th St, Terre Haute, IN, 47804-2600

Average square foot calculated using Size range provided by listing agent.

Description

6-unit brick multifamily in Terre Haute, IN. All major systems replaced in 2021 (plumbing, electrical, roof, HVAC, water heaters) 3 units renovated in 2025. Electric separately metered - tenants pay own electric. 5 of 6 units occupied with $3, 315/month in-place rents. Unit 5 vacant - immediate lease-up upside. Water/sewer currently owner-paid with no recapture - new owner can implement flat fee billing and push NOI with zero capex. Diverse unit mix: 13BR, 22BR, 31BR. Located in a 4-university market (Indiana State, Rose-Hulman, Saint Mary-of-the-Woods, Ivy Tech). 8.9 cap rate on stabilized NOI. Pro-forma 9 with Unit 5 leased and utility recapture in place.
MLS® Number22091411
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementFinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 25, 2026List Date
$279,900List Price
  • Commute

Commute

Starting Address
Destination Address
2333 N 14Th St, Terre Haute, IN

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