Listing courtesy of Integrity Realty Group LLC · Listing agent: Delmar Wagler · Office: 812-636-5600

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ActiveDuplex

1218 S 13Th 1/2 Street

$425,000

$224.16 / sq ft

Est. $2,840/mo

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
Your loan

  • 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

Location

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$425,000

8 beds · 4 baths