New Duplex Investment Opportunity - Terre Haute, Indiana
Here is a chance to add a clean, brand-new income-producing property to your real estate portfolio: two newly constructed duplexes offering four total rental units in Terre Haute. Each unit features a spacious 2-bedroom, 1-bath layout with attractive granite countertops, nice cabinetry, and finishes designed to appeal to today's renter. With a target rent of $1,250 per month per unit, this property offers projected gross rental income of:
$5,000 per month
$60,000 per year
Tenants pay their own utilities, and the units have separately metered electric, helping keep landlord overhead more manageable and making utility responsibility straightforward for each resident. Separately metered utilities are generally desirable in duplex ownership because they allow residents to be billed for their own consumption This is a strong opportunity for the investor wanting newer construction, modern finishes, four doors under one investment, and the potential for dependable monthly cash flow. Put tenants in place, let the granite tops and fresh finishes help attract quality renters, and enjoy an investment built for the long haul.
For sale
Price cut: $50K (10/6)
$425,000
1218 S 13 1/2 St, Terre Haute, IN 47802
8beds
1,896sqft
Single Family Residence
Built in ----
0.46 Acres Lot
$398,400 Zestimate®
$224/sqft
$-- HOA
What's special
Modern finishesNewer constructionFresh finishesTwo newly constructed duplexesGranite topsAttractive granite countertopsNice cabinetry
- 47 days
- 102
- 4
Zillow last checked:
Listed by:
Delmar Wagler,
Integrity Realty Group LLC 812-787-2683
Source: REALSTACK,MLS#: 116732
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Features
- Has basement: No
Interior area
- Total structure area: 1,896
- Total interior livable area: 1,896 sqft
Property
Lot
- Size: 0.46 Acres
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Location
- Region: Terre Haute
Financial & listing details
- Price per square foot: $224/sqft
- Date on market: 9/9/2026
- Lease term: Contact For Details
Estimated market value
$398,400
$378,000 - $418,000
$2,327/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2026 | Price change | $425,000-10.5%$224/sqft |
Source: REALSTACK #116732 Report a problem | ||
| 9/9/2026 | Listed for sale | $475,000$251/sqft |
Source: REALSTACK #116732 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment


