Listing courtesy of Integrity Realty Group LLC · Listing agent: Delmar Wagler · Office: 812-636-5600
1218 S 13Th 1/2 Street
Terre Haute, IN 47802-1404
Original price $475,000 · Price reduced on October 5, 2026
- New construction
- Bedrooms
- 8
- Bathrooms
- 4
- Living area
- 1,896 sq ft
- Lot
- 0.46 ac
- Year built
- 2026
- Type
- Duplex
- Listed
- September 9, 2026
- MLS #
- 202637095
About this home
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.
Monthly payment estimate
$2,840/mo
- Principal & interest
- $2,326
- Property taxes
- $390
- Homeowners insurance
- $124
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: estimated at 1.1% of the price per year — the MLS reports no full tax bill for this home yet.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details
Interior
- Levels
- One
- Stories
- 1
- Total area
- 1,896 sq ft
- Finished area above grade
- 1,896 sq ft
- Bedrooms above grade
- 8
- Basement
- Crawl Space
- Flooring
- Ceramic Tile, Vinyl
- Heating
- Electric
- Cooling
- Central Air
- Amenities
- Ceiling Fan, Off Street Parking
Exterior & parking
- Construction
- Metal Siding, Vinyl Siding
- Private pool
- No
- New construction
- Yes
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Level
- Lot size (acres)
- 0.46 ac
- Lot dimensions
- 0.46 Acres
- County
- Vigo County
- Township
- Harrison
- Platted
- Yes
- Planned unit development
- No
- Directions
- https://maps.app.goo.gl/GAN4KeEY1D2jdjaP8
Schools
- Elementary school
- Sugar Grove
- Middle school
- Sarah Scott
- High school
- Terre Haute South Vigo
- School district
- Vigo County School Corp.
Taxes & terms
- Tax year
- 2026
- Possession
- Day Of Closing
- Parcel number
- 84-06-27-406-006.000-002
Included in the sale
- Included in sale
- Building,Land
Utilities
- Water
- City
- Sewer
- Public Sewer
Income & commercial
- Units
- 4
- Buildings
- 2
- Parking spaces
- 8
- Pets allowed
- No