Available
$33,000(ARV: $100,000)33% of ARV

Vigo County, Terre Haute, IN 47804

1 bd1 ba520 sfBuilt 1945

13 days ago

Gross spread$67,000

Description

Purchase Overview Purchase Price: $33,000 Rehab: 0 ARV Range: $90,000 - $110,000 Property Details/Condition 1 Bds I 1 Baths I 520 Sqft Turnkey condition Tenant occupied (month-to-month) Rent: $950 mo (Section 8, utilities included) Low maintenance, strong cash flow potential Ideal for buy-and-hold investors Comparable Sales (Comps) ARV: 100,000 1 Bds I 1 Baths I 600 Sqft Sold on 2024-06-15 Sale Price $102,000 2 Bds I 1 Baths I 720 Sqft Sold on 2024-07-22 Sale Price $98,500 Market Overview Terre Haute offers strong rental demand driven by local universities and steady workforce housing needs. Affordable entry points combined with consistent rent levels make this market attractive for investors seeking dependable monthly income and long-term stability. Inventory at this price point remains limited, supporting continued investor activity. Call Chase Sabo today at [contact details hidden].

$/sqft vs market

This deal$63/sqft
Market median$92/sqft
Difference31% below

Median of 5 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms1
Bathrooms1
Square feet520
Lot size6,011 sf
Year built1945
ConditionTurn Key
OccupancyVacant
ParkingStreet

Systems & condition

HeatingOther
Air conditioningCentral AC
FoundationOther

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing12
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