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.

Based on information submitted to MIBOR as of June 13, 2026 1:07 PM UTC . All data is obtained from various sources and has not been, and will not be, verified by broker or MIBOR. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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CENTURY 21 Scheetz - Bloomington

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CENTURY 21 Scheetz - Bloomington