Search
Five-Unit Apartment Building
For Sale
$89,900

627 S Center Street, Terre Haute, IN 47807

MULTI-FAMILY, Terre Haute, IN

Property SizeContact for details
Days on Market112

Property Features for 627 S Center Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bedroom 2, Bathroom 1
Exterior features Concrete Driveway
Elementary school Farrington Grov
Middle school Sarah Scott
High school Terre Haute South
Subdivision Vigo County
Standard status Active
APN 84-06-28-231-035.000-002

Building Details

Year built 1890
Listing Agency: REMAX R.E.A. · RE/MAX International
Listed By: Julie Weir · License #RB14040563
Added: Jun 12 Changed: Sep 24 Last Checked: Oct 1 at 6:06PM
MLS# 109651

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.

Investment Insights

Based on property information with market context.

Built in 1890, this apartment property includes a four-unit main building and a separate carriage house unit, bringing the total to five units. The improvements require a full rehabilitation, making renovation planning a central consideration. A concrete driveway is also present on the property.

Located at 627 S Center Street in Terre Haute, Indiana, the property sits just blocks from a university and near student housing. The existing five-unit configuration and detached carriage house provide a defined structure for a comprehensive renovation project. The property is offered for sale.

Key Highlights

  • Five total units across a four‑unit main building and one carriage house unit
  • Built in 1890
  • Requires a full rehabilitation

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Bakery Pet Grooming Service

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,313
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Multi-unit property with a separate carriage house and full-rehabilitation needs near a university.
Where is this apartment building located?
The property is located at 627 S Center Street Terre Haute, IN.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: Five total units across a four‑unit main building and one carriage house unit; Built in 1890; Requires a full rehabilitation
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again