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Two-Building Apartment Property
For Sale
$419,900

1358 Chestnut Street, Terre Haute, IN 47807

MULTI-FAMILY, Terre Haute, IN

Property SizeContact for details
Days on Market177

Property Features for 1358 Chestnut Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 1, Bedroom 2
Patio and Porch features Porch
Interior features New Floor Covering, New Paint, Vinyl Floors, Carpet, Window Coverings, Ceiling Fan(s), Smoke Detector, Countertops Laminate
Exterior features Paved Driveway, Rock Driveway
Elementary school Davis Park
Middle school Woodrow Wilson
High school Terre Haute North
Subdivision Vigo County
Standard status Active
APN 84-06-22-257-029.000-002

Additional Details

Tenant in Place Yes
Individually Metered Utilities electricity

Utilities

Heating system Forced Air, Electric (Heating)
Cooling system Wall/Window Unit(s), Window Unit(s)

Building Details

Year built 1900
Buildings 2
Listing Agency: COMPLETE LANDLORD SOLUTIONS
Listed By: Lauren Coons
Added: May 1 Changed: Oct 24 Last Checked: Oct 24 at 6:06AM
MLS# 109233

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.

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Investment Insights

Based on property information with market context.

This apartment property includes two buildings containing 8 rental units, with all units occupied. Each building has separately metered electric service, and several apartments received interior finish updates over the last year. Interior details include vinyl and carpet flooring, laminate countertops, ceiling fans, window coverings, and smoke detectors. Electric forced-air heating and wall or window unit cooling serve the buildings. Paved and rock driveways, off-street parking, and porches add practical resident amenities. The property was built in 1900.

Located at 1358 Chestnut Street in Terre Haute, the property is near ISU, downtown, shopping, dining, and public transportation.

Key Highlights

  • Two apartment buildings with 8 rental units
  • Fully occupied property with separately metered electric at each building
  • Several units received interior finish updates over the last year

Property Analytics

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Lease Details

8
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

841
Businesses Nearby

Demographics for 47807, IN

12,063
Population
6,805
Households
1.8
Avg Household Size
29
Median Age
13%
College-Educated
82%
High-School Grad
3.8 sq mi
ZIP Area
3,174
Density / Sq Mi
$24,389
Median Household Income
$15,611
Median Earnings
$910
Median Rent
$58,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied apartment asset with separate electric metering, off-street parking, and updated finishes in several units.
Where is this apartment building located?
The property is located at 1358 Chestnut Street Terre Haute, IN.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Two apartment buildings with 8 rental units; Fully occupied property with separately metered electric at each building; Several units received interior finish updates over the last year
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