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13 Rental Home Portfolio in Terre Haute, IN
  • $499,000

Description

Terre Haute 13 SFR Portfolio | 8.60% CAP | 13 Units

This offering includes 13 single-family rental homes located across Terre Haute, Indiana. All units are tenant-occupied, with tenant-paid utilities, tenant-paid lawn care, and stable rental history. This portfolio offers strong value-add potential through simple rent optimization across all properties. Most units are currently rented below market rates by $200–$350 per month. With minimal interior upgrades and improved management systems, the portfolio can reach full pro forma income within 6–12 months. Once stabilized, the owner may choose to refinance or sell the portfolio as a turnkey SFR package.

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Overview

  • Multi-Units, Rental Unit, Single Family
    Type
  • sqft
    Area Size

Details

Updated on April 7, 2026 at 4:57 pm
  • Price $499,000
  • Type Multi-Units, Rental Unit, Single Family
  • Property Status For Sale
  • Units 13
  • Cap Rate 8.6%
  • NOI $42,938
  • Occupancy 100%
  • Pro-Forma Cap Rate 15.96%
  • Pro-Forma NOI $79,658
  • Zoning Residential

Sub listings

  • Address: 444 S 16th St
  • City: Terre Haute
  • State/county: Indiana
  • Zip/Postal Code: 47807

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