About This Home

This 2-bedroom, 1-bathroom residential multi family at 707 3RD Avenue in Terre Haute, IN is listed for $189,000. Built in 1978, on a N/A lot.

Key Features

  • Built in 1978

Property Details

1 full
1978
Listing 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!

Monthly Cost Estimate

$1,011/mo

20% down · 6.5% · 30 years

Principal$137
Interest$819
Insurance$55

Estimates only. Actual payments may vary.

Location

707 3RD Avenue

Terre Haute, IN 47807

Features & Amenities

Interior Features

New Floor CoveringNew PaintVinyl FloorsCarpetWindow CoveringsSmoke Detector

Exterior Features

Paved Street

Property Details

Heating

Electric (Heating)Baseboard

Appliances

RefrigeratorElec. Range/Oven

Questions & Answers

This 2-bedroom, 1-bathroom residential multi family at 707 3RD Avenue is listed at $189,000. The estimated monthly payment is $1,011 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1978. Interior Features: New Floor Covering, New Paint, Vinyl Floors. Exterior Features: Paved Street.

This property is listed by Melissa Kuykendall.

MK

Melissa Kuykendall

Agent at HILL VALLEY HOME SALES

Listed by HILL VALLEY HOME SALES · Broker phone: 8128149462 · View on Broker Site

MLS# 109909· Source: Terre Haute Area Association of Realtors· 111 days on PropertySimple

Copyright © 2026 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

707 3RD Avenue, Terre Haute, IN 47807

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