Turnkey income opportunity in a highly desirable neighborhood! This well-maintained triplex generates over $31,500 in annual revenue with a proven, strong rental history. Turnkey Units - 2 out of 3 units feature fresh, recent updates and spacious, oversized rooms tenants love. Flexible Layout - The downstairs 2-bedroom unit includes a versatile bonus room—perfect for an office, den, or small 3rd bedroom. Major Capital Improvements - Complete roof tear-off and replacement done within the last 2 years, plus a newer water heater for long-term peace of mind & new sewage line. Landlord pays gas, water, and sewer. Central gas furnace in the basement supplies primary heat, complemented by individual in-room electric baseboards in each unit—Electric heat is billed directly to tenants' electric meters. Tenant Amenities: Off-street dedicated parking in the rear & large spacious rooms in a great area! Call today for your private tour!
For sale
Price cut: $4K (10/13)
$195,000
1612 S Center St, Terre Haute, IN 47802
2beds
1baths
--sqft
Triplex
Built in 1910
-- sqft lot
$186,600 Zestimate®
$--/sqft
$-- HOA
What's special
Versatile bonus roomSpacious oversized roomsFlexible layoutLarge spacious rooms
- 44 days
- 138
- 7
Zillow last checked:
Listing updated:
Listed by:
BILL HEIN 812-241-0520,
REMAX R.E.A.
Source: THAAR,MLS#: 110369
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Natural Gas, Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Refrigerator, Elec. Range/Oven
Features
- Flooring: Hardwood
- Basement: Full
Property
Parking
- Parking features: No Garage
Features
- Patio & porch: Porch
Details
- Parcel number: 840628484019.000002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Metal Siding
Condition
- Year built: 1910
Community & HOA
Location
- Region: Terre Haute
Financial & listing details
- Tax assessed value: $180,200
- Annual tax amount: $3,159
- Date on market: 9/2/2026
Estimated market value
$186,600
$177,000 - $196,000
$814/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Price change | $195,000-2% |
Source:  THAAR #110369 Report a problem | ||
| 9/28/2026 | Price change | $199,000-2.9% |
Source: THAAR #110369 Report a problem | ||
| 9/2/2026 | Listed for sale | $205,000+109.2% |
Source: THAAR #110369 Report a problem | ||
| 6/1/2021 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 5/21/2021 | Pending sale | $98,000 |
Source: RE/MAX International #94345 Report a problem | ||
| 5/21/2021 | Listing removed | -- |
Source: RE/MAX International Report a problem | ||
| 4/29/2021 | Pending sale | $98,000 |
Source: RE/MAX International #94345 Report a problem | ||
| 4/22/2021 | Listed for sale | $98,000 |
Source: RE/MAX International #94345 Report a problem | ||
| 3/24/2021 | Pending sale | $98,000 |
Source: RE/MAX International #94345 Report a problem | ||
| 3/17/2021 | Listed for sale | $98,000 |
Source: RE/MAX International #94345 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,159 -4.1% | $180,200 +23.3% |
| 2024 | $3,295 +9.2% | $146,100 -4.1% |
| 2023 | $3,016 +20.3% | $152,400 +9.2% |
| 2022 | $2,508 +1.9% | $139,500 +20.3% |
| 2021 | $2,461 +2% | $116,000 +1.9% |
| 2020 | $2,411 +12.2% | $113,800 +1.9% |
| 2019 | $2,150 +1.8% | $111,700 +3.9% |
| 2018 | $2,112 | $107,500 +1.8% |
| 2017 | $2,112 +4% | $105,600 |
| 2016 | $2,030 -0.8% | $105,600 +3.2% |
| 2014 | $2,046 +2.2% | $102,300 +2.2% |
| 2013 | $2,002 -5.7% | $100,100 -5.7% |
| 2011 | $2,122 +0.2% | $106,100 +0.2% |
| 2010 | $2,118 -2.8% | $105,900 -2.8% |
| 2009 | $2,180 +7.8% | $109,000 +71.4% |
| 2007 | $2,022 +30.9% | $63,600 +12.2% |
| 2004 | $1,545 | $56,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 47802
Nearby schools
Schools provided by the listing agent
- Elementary: Farrington Grov
- Middle: Woodrow Wilson
- High: Terre Haute South
Source: THAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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