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Triplex with Detached Garage
For Sale
$100,000

2200 4th Avenue, Terre Haute, IN 47807

MULTI-FAMILY, Terre Haute, IN

Property SizeContact for details
Days on Market219

Property Features for 2200 4th Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Patio and Porch features Porch
Elementary school Franklin
Middle school Otter Creek
High school Terre Haute North
Subdivision Vigo County
Standard status Active
APN 84-06-14-309-013.000-002

Utilities

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

Amenities

small yard

Building Details

Year built 1920
Listing Agency: PREFERRED REALTY
Listed By: Becky Klingele · License #RB14028499
Added: Mar 14 Changed: Sep 24 Last Checked: Oct 18 at 8:06AM
MLS# 108809

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 1920-built triplex contains three residential units and includes a detached one-car garage, a small yard, and a porch. The garage is not currently used by the tenants. Heating is provided by natural gas and forced air, while cooling is supplied through wall or window units.

The property is situated just east of Indiana State University and Union Hospital in Terre Haute. Each tenant is on a month-to-month lease, and the owner currently pays the utilities. The existing arrangement allows a new owner to continue the current operations or apply a different management approach.

Key Highlights

  • Three‑unit residential property built in 1920
  • Month‑to‑month tenant leases
  • Owner currently pays utilities

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Electrical Service Barber Shop (Bike/Boat/Book/etc) Store

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

236
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 - Three residential units with month-to-month leases and owner-paid utilities.
Where is this triplex located?
The property is located at 2200 4th Avenue Terre Haute, IN.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Three‑unit residential property built in 1920; Month‑to‑month tenant leases; Owner currently pays utilities
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