Introducing a prime investment opportunity at 121 Gilbert Ave., Terre Haute, IN 47807. This multi-family tri-plex offers both income potential and long-term appreciation, making it an excellent addition to any portfolio. The property features three well-sized units: two spacious apartments with 3 bedrooms and 1 bath each, and a third unit with 2 bedrooms and 1 bath—ideal for attracting a variety of tenants. Spread across two stories, the layout balances functionality with comfort, appealing to families and individuals alike. The detached 2-car garage provides a storage option for tenants or property owner. Whether you’re expanding your rental holdings or entering the investment market, 121 Gilbert Ave. offers a smart opportunity to build equity, generate cash flow and secure your financial future. Don’t miss your chance to own a versatile property with income potential.
Lot & Building Features
AmenitiesLaminate Floors, Carpet
Exterior AmenitiesPaved Street
AppliancesElec. Range/Oven, Refrigerator
CoolingWall/Window Unit
HeatingBaseboard, Electric
SewerCity Sewer
Tax Year2025
WaterCity Water
Community and Schools
Elementary SchoolDavis Park
Junior High SchoolWoodrow Wilson
Senior High SchoolTerre Haute South
Price History of 121 Gilbert, Terre Haute, IN
Date
Name
Price
Difference
11/25/2025
Listing Price
$95,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
121 Gilbert (MLS #108081) is a 2 story multi-family listing located in Terre Haute, IN.
This multi-family listing is 4,140 sqft and on a lot of 6,098 sqft (or 0.14 acres) and is 130 years old. This property was listed on 11/25/2025 and has been priced for sale at $95,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: Berkshire Hathaway HomeServices Newlin-Miller, REALTORS