Listing courtesy of Realty of America LLC · Listing agent: Steven Coston
1723 Thompson Avenue
Terre Haute, IN 47803-2565
Original price $160,000 · Price reduced on August 27, 2026
- Fireplace
- Basement
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 2,679 sq ft
- Lot
- 0.1 ac
- Year built
- 1905
- Type
- Site-Built Home
- Listed
- August 7, 2026
- MLS #
- 202632173
About this home
**Turnkey Investment Opportunity with Immediate Cash Flow!** Welcome to **1723 Thompson Avenue in Terre Haute**, a beautifully remodeled investment property that is ready to generate income from day one. With quality updates throughout and a well-maintained interior, this home offers an excellent opportunity to add a performing asset to your real estate portfolio. The property is **currently leased for $1,550 per month through March 2027**, providing reliable, immediate rental income with an established tenant already in place. Whether you're a seasoned investor or looking to purchase your first rental property, this is a turnkey opportunity with built-in cash flow. Conveniently located near shopping, dining, schools, and major roadways, this property combines strong rental performance with an attractive location. **Property Highlights:** * Beautifully remodeled * Well-maintained and move-in ready * Tenant in place with lease through **March 2027** * Current rental income of **$1,550 per month** * Excellent turnkey investment opportunity * Convenient Terre Haute location **DO NOT DISTURB TENANTS** **Showing with accepted offer only - home inspection provided** Don't miss the opportunity to own an income-producing property with dependable cash flow already in place!
Monthly payment estimate
$1,115/mo
- Principal & interest
- $851
- Property taxes
- $219
- Homeowners insurance
- $45
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
- 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
- Two
- Total rooms
- 12
- Total area
- 2,679 sq ft
- Finished area above grade
- 2,679 sq ft
- Main level
- 1,600 sq ft
- Upper level
- 1,079 sq ft
- Bedrooms above grade
- 3
- Full baths, main level
- 1
- Full baths, upper level
- 1
- Basement
- Full
- Heating
- Forced Air
- Cooling
- Central Air
- Fireplaces
- 1
- Fireplace features
- Living/Great Rm
- Laundry
- Main Level
Exterior & parking
- Construction
- Vinyl Siding
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Level, Part Wooded
- Lot size (acres)
- 0.1 ac
- Lot dimensions
- 40X106
- County
- Vigo County
- Township
- Harrison
- Lots
- 6
- Platted
- Yes
- Planned unit development
- No
- Directions
- GPS: Contact Listing Agent if needed
Schools
- Elementary school
- Davis Park
- Middle school
- Woodrow Wilson
- High school
- Terre Haute South Vigo
- School district
- Vigo County School Corp.
Taxes & terms
- Annual taxes
- $2,627
- Tax year
- 2026
- Assessed value
- $124,300
- Possession
- at-close
- Parcel number
- 84-06-27-233-005.000-002
Utilities
- Water
- Public
Location
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