Buying In Terre Haute, IN
Sell Your Commercial Property In Terre Haute, IN
From Seelyville to Honey Creek, we buy Terre Haute multifamily and commercial apartment properties of 5+ units in every condition. Owners and agents get a straight answer on fit, usually within two business days.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Neighborhoods & Nearby Towns: Seelyville · West Terre Haute · Honey Creek · Farrington Grove — Vigo County, IN
Local Demand
Our View On Terre Haute
Terre Haute, Indiana is a Vigo County city of 58,427 residents and home to Indiana State University and Rose-Hulman Institute of Technology. Renters occupy 47.8% of Terre Haute homes, and median gross rent was $922 in ACS 2020-2024. Apartment buildings in Vigo County tax district 005 are capped at 2% of gross assessed value under Indiana's circuit breaker, which cuts an $84,716 gross bill on a $2,000,000 assessed value to $40,000. Owners who want to sell commercial property in Terre Haute, IN can use these figures with HUD FY2027 rents.
Indiana State and Rose-Hulman
Indiana State enrolled 7,713 students and Rose-Hulman 1,897 in fall 2025, per Indiana CHE and Rose-Hulman IRPA data.Union and Regional Hospitals
Union Hospital reports 257 beds and Terre Haute Regional Hospital 278 beds, per Indiana Department of Health facility directories.Manufacturing employment
Manufacturing employs 12.3% of Terre Haute's workforce, 2,984 of 24,237 workers, versus 18.0% statewide, per ACS 2020-2024.Our Buy Box
What We Buy In Terre Haute
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Terre Haute Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Terre Haute
Renters occupy 47.8% of Terre Haute homes, or 11,100 of 23,220 occupied households, per ACS 2020-2024 table B25003. Buildings with five or more units hold 17.7% of Terre Haute housing, or 4,668 of 26,372 homes, per table B25024, above Indiana's 13.0% share. Terre Haute stock is old: 70.6% of homes predate 1980, per table B25034. Selling commercial property in Terre Haute often means pricing that age into a deal.
Rents and affordability in Terre Haute
Median gross rent in Terre Haute is $922 a month, 13.2% below Indiana's $1,062, per table B25064. In Terre Haute, 56.8% of renters spend 30% or more of income on housing, per table B25070. Rental vacancy was 6.5% in ACS profile table DP04.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $890 |
| One bedroom | $896 |
| Two bedroom | $1,164 |
| Three bedroom | $1,387 |
| Four bedroom | $1,610 |
These HUD FY2027 fair market rents cover the Terre Haute, IN HUD Metro FMR Area. The two-bedroom FMR sits $242 above the Terre Haute median gross rent, a spread worth showing buyers when you sell commercial real estate in Terre Haute, IN.
Property taxes in Vigo County
Terre Haute apartment buildings are taxed at no more than 2% of gross assessed value. The Indiana DLGF certified Vigo County tax district 005, Terre Haute City Honey Creek Township, at $4.2358 per $100 for 2026. The DLGF circuit breaker fact sheet caps residential property, including buildings with two or more dwelling units, at 2%.
On a $2,000,000 assessed value, the gross rate implies $84,716 before the cap. After the 2% cap, the bill is limited to $40,000, a $44,716 credit. That gap matters to anyone planning to sell commercial property in Terre Haute, IN.
Landlord rules in Indiana
Indiana landlords must return a deposit with an itemized notice within 45 days after the lease ends and possession is delivered, under IC 32-31-3-12. A landlord may end a lease for nonpayment on 10 days' notice under IC 32-31-1-6. IC 32-31-1-20 bars a local unit from regulating rental rates on privately owned property, so Terre Haute rents are set by the market.
What it means for an owner
Terre Haute pairs a 47.8% renter share with a 2% tax cap and older stock that buyers price for repairs. If you want to sell commercial property in Terre Haute, IN, start with our cap rate calculator.
Skyline Capital Investments buys apartment buildings with five or more units. When you are ready to sell your apartment building in Terre Haute, see how our purchase process works.
Before You Sell
Selling In Terre Haute
More about selling in Indiana →Investing in Terre Haute? See apartment syndications in Terre Haute →
- Owners who sell commercial real estate in Terre Haute, IN face no local rent regulation under IC 32-31-1-20.
- Terre Haute income is $43,126 versus $71,957 statewide, so rents carry the local market.
- Half or more of income goes to rent for 29.5% of Terre Haute renters, per ACS 2020-2024.
Seller Guides
Selling In Terre Haute? Common Situations We Handle
Learn More
Taxes & Rules For Terre Haute Property
The Indiana rules that shape any deal in Terre Haute: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Terre Haute Seller FAQ
What property tax applies if I sell commercial property in Terre Haute, IN?
The Indiana DLGF certified Vigo County tax district 005, Terre Haute City Honey Creek Township, at $4.2358 per $100 of assessed value for 2026. Apartment buildings fall under the 2% residential cap, so a $2,000,000 assessed value owes no more than $40,000 instead of $84,716.
What landlord rules matter when I sell commercial real estate in Terre Haute, IN?
Indiana requires a deposit refund with an itemized notice within 45 days after the lease ends and possession is delivered, under IC 32-31-3-12. Landlords may end a lease for nonpayment on 10 days' notice, and IC 32-31-1-20 bars local rent regulation.
How do Terre Haute rents compare with HUD fair market rents?
Median gross rent in Terre Haute was $922 in ACS 2020-2024. HUD's FY2027 two-bedroom fair market rent for the Terre Haute, IN HUD Metro FMR Area is $1,164, which is $242 higher. The one-bedroom FMR is $896 and the efficiency FMR is $890.
Who rents apartments in Terre Haute?
Renters occupy 11,100 of 23,220 occupied homes in Terre Haute, a 47.8% share in ACS 2020-2024. Median household income is $43,126. Among Terre Haute renters, 56.8% spend 30% or more of income on housing, compared with 44.4% across Indiana.
How does Skyline Capital buy apartment buildings in Terre Haute?
Skyline Capital Investments buys buildings with five or more units. Owners who want to sell multifamily property in Terre Haute can start with the cap rate calculator, using the 2% tax cap and the 6.5% ACS rental vacancy rate in their numbers.
What if my Terre Haute building has vacancies or deferred maintenance?
That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.
Do you work with Terre Haute brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in Terre Haute, and we keep every conversation confidential.
Is it possible to sell rental property in Terre Haute without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
Do I need a broker to sell my apartment building in Terre Haute?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
Submit A Deal
Tell Us About Your Property In Terre Haute
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
