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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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Listed by Kimberly Emmert-ODell of Emmert Realty ([email protected])

 Based on information submitted to MIBOR as of October 16, 2026 1:10 AM 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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