801 N 5th Street Terre Haute, IN $ 2,149,000
801 N 5th Street
$ 2,149,000
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801 N 5th Street

Terre Haute, IN, 47807
$ 2,149,000
Bedrooms-- Baths-- Sq 19,024

Monthly Estimate*

$ 14,843

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Commercial Property for sale in Terre Haute, IN

for $2,149,000. This 19,024 square foot building was built in 1994 on a lot size of 0.09.

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.

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Commercial Active

Price

$ 2,149,000

Property Type

Commercial

Taxes

$ 29,350

Style

Multi Family

Lot Size

0.09

Year Built

1994

Town/City

Terre Haute

County/Region

Vigo

MLS | Web ID

22128136

Features
General
Heating Heat Pump
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Possession Closing
Zoning Commercial
Architectural Style Split Level
Security Features Smoke Detector(s)
Construction Materials Vinyl Siding
Year Built 1994
Tenant Pays Electricity
Township Harrison
Levels Two
Property Subtype Multi Family
Tax Year 2025
Current Use Apt<20 Residential
Additional Parcels Description 84-06-21-204-020.000-002
County Vigo
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
High School Terre Haute North Vigo High School
City Terre Haute
High School District Vigo County School Corp
Number Of Units Total 18
MLS Area 8412 - Vigo - Harrison
Lot Size Square Feet 3920
Elementary School Davis Park Elementary School
Middle/Junior High School Sarah Scott Middle School
Additional Parcels Y/N Y
Standard Status Active
Tax Lot 47
Legal Description John Sibleys Sub 78'6 W End S Side (801 N 5th St) D- Unrec 21-12-9 Lot 47
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Exterior
Foundation Details Slab
Building Area Total 19024
Lot Size Acres 0.09
Waterfront Y/N N
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Interior
Basement (Y/N) N
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* Excluded Features
List By
Emmert Realty

Broker

kim@timberlandlbr.com

Email

Affordability Calculator

$17,288
Per Month
86%
14%
0%
Monthly Principal & Interest
$14,843
Monthly Property Taxes
$2,446
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5518270 Elementary School
4050926 Middle School
Terre Haute North Vigo High School High School
Pricing History
Date Price Price Change Description
9/25/2026 $2,149,000 Listed Price

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801 N 5th Street, Terre Haute, IN, 47807 is a Commercial Property for sale at $2,149,000 with 19,024 sqft and a lot size of 0.09. 801 N 5th Street was built in 1994. The property's zip code is 47807 which is in Terre Haute, IN