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Two-Story Triplex
New
For Sale
$39,900

1360 3rd Avenue, Terre Haute, IN 47807

MULTI-FAMILY, Terre, IN

Property SizeContact for details
Days on Market2

Property Features for 1360 3rd Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 3
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2
Patio and Porch features Porch
Elementary school Franklin
Middle school Woodrow Wilson
High school Terre Haute North
Subdivision Vigo County
Standard status Active
APN 84-06015-451-029.000-002

Utilities

Heating system Natural Gas

Building Details

Year built 1890
Listing Agency: LJ MICHAELS INC
Listed By: Cy Marlow · License #RB14017536
Added: Oct 16 Last Checked: Oct 17 at 9:06AM
MLS# 110756

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.

Built in 1890, this two-story triplex contains three apartments. The ground-floor unit has three bedrooms and one bathroom; the two upper-level units each have one bedroom and one bathroom. A porch is part of the property, and natural gas provides heat.

All three apartments are rented, with tenants’ rights in place. The current owner pays the utilities.

Key Highlights

  • Three apartments: one 3‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units
  • Two‑story building constructed in 1890
  • All units are rented with tenants’ rights

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Bakery Electrical Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

378
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?
Triplex - The building contains three rental apartments arranged across two levels, with a larger ground-floor unit and two upstairs apartments.
Where is this triplex located?
The property is located at 1360 3rd Avenue Terre Haute, IN.
What is the asking price?
The asking price for this property is $39,900.
What are key features of this property?
This property features: Three apartments: one 3‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units; Two‑story building constructed in 1890; All units are rented with tenants’ rights
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