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2333 N 14th St Terre Haute, IN 47804

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For Sale
$285,500

Six-unit multifamily property with immediate cash flow and value-add potential.

Type:Multifamily
Property size:
5,916 SF
Added:
Mar 20, 2026
Days on Market:
13
Last Refresh:
Mar 21 at 8:46 pm

Property Features for 2333 N 14th St

General Information

Standard status
Active
Size
5,916 SF
Property subtype
Multifamily

Building Details

Year Built
1924

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Listing Contact
Steven Koleno
Steven Koleno

Listing agent Steven Koleno License #3469487

Listing office Beycome of Florida LLC

Listing date Mar 20, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Beycome of Florida LLC


Overview

Updated Multifamily Property For Sale

The property at 2333 N 14th Street is a six-unit multifamily property located in Terre Haute, Indiana. It offers immediate cash flow and potential for increased value. The building, constructed in 1924, features a two-story brick structure that was comprehensively updated in 2021 and further renovated in 2025. The unit mix includes one 3BR/1BA, two 2BR/1BA, and three 1BR/1BA apartments. In 2021, major building systems such as plumbing, electrical, roof, HVAC, and water heaters were replaced. Three additional units were renovated in 2025. Five of the six units are currently occupied, generating a total rental income of $3,315 per month. Electric is separately metered and paid by tenants, while the owner covers common area electric, water, and sewer expenses. There is an opportunity for a new owner to implement a Ratio Utility Billing System (RUBS) or increase the flat utility fee to market standard. The property is situated in the 12 Points neighborhood, within a fast-growing rental market supported by Indiana State University, Rose-Hulman Institute of Technology, Saint Mary-of-the-Woods College, and Ivy Tech Community College.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Terre Haute
County
Vigo
State
Indiana
Longitude
-87.395295
Latitude
39.495768

FAQs

What type of property is this?
Apartment building - Six-unit multifamily property with immediate cash flow and value-add potential.
Where is this apartment building located?
The property is located at 2333 N 14th St Terre Haute, IN.
What is the asking price?
The asking price for this property is $285,500.
What are key features of this property?
This property features: Immediate cash flow with $3,315/month in‑place rents from five of six occupied units.; Major building systems comprehensively updated in 2021.; Meaningful value‑add upside through implementing RUBS or increasing flat utility fee.
More about this property
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