Listing courtesy of Realty of America LLC · Listing agent: Steven Coston

Virtual tour
ActiveSite-Built Home

1723 Thompson Avenue

$155,500

$58.04 / sq ft

Est. $1,115/mo

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
Your loan

  • 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.
Change taxes, insurance and more in the full calculator

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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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