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Monticello, IN Apartment Buildings for Sale

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Reynolds, IN Burnettsville, IN Monon, IN

$4,500,000

Waterfront Multifamily Resort Opportunity

4983 E Indiana Beach Rd, Monticello, IN 47960

55-unit waterfront multifamily asset near Indiana Beach.

Waterfront property on Lake Shafer adjacent to Indiana Beach, offering strong seasonal tourism and recreational demand.
Significant recent capital improvements, including ground‑up construction of 38 units and complete renovation of 17 units, minimizing deferred maintenance.
In‑place income of $47,000 per month with 80% occupancy, providing immediate cash flow and a stabilized investment.
Short‑term rental (STR) optionality provides potential for higher yields, supported by flexible unit layouts and strong tourism demand.
Dock expansion potential with approvals in place to increase from 12 to 36 docks, creating additional revenue streams.

Updated: Feb 19

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Monticello, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

DeMotte Multifamily Investment Opportunity

$899,900

10,512 SF

DeMotte Multifamily Investment Opportunity

Thirteen-unit multifamily property in DeMotte, Indiana, fully occupied.

235-309 8th Avenue NW, Demotte, IN 46310

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$899,900

9,292 SF

DeMotte Multifamily Investment Opportunity

Three adjoining properties with ten units in DeMotte, Indiana.

335, 375, 415 8th Avenue NW, Demotte, IN 46310

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Lafayette Fiveplex in Historic Neighborhood

$434,900

4,094 SF

Lafayette Fiveplex in Historic Neighborhood

Fully rented five-unit property in a desirable, historic location.

115 S 9th Street, Lafayette, IN 47905

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Six-Unit Investment Property Opportunity

$500,000

3,870 SF

Six-Unit Investment Property Opportunity

Six-unit investment property featuring two buildings on a single parcel.

1103 North Street, Lafayette, IN 47904

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$2,500,000

5.94 Acres

Asheville Development Opportunity: 5.94 Acres

5.94-acre parcel zoned RM6, ideal for multi-family development.

215 N Bear Creek Road, Asheville, NC 28806

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$2,850,000

29.20 Acres

Prime Development Land, Springfield MO

29.2 acres of retail-zoned land for mixed-use development.

N West Bypass, Springfield, MO 65802

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$699,900

1.33 Acres

Greenville Development Opportunity: 1.33 Acres

1.33 acre parcel suitable for multi-family development near downtown.

71 Salters Road, Greenville, SC 29607

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$650,000

3.70 Acres

Land Near Shepherd University

Prime land near Shepherd University with development potential.

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

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Monticello, IN Apartment Buildings Investment Opportunities Market Analysis

Explore 1 apartment buildings for sale in Monticello, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $4,500,000.

Sale prices for two-family homes in Monticello, IN start at $4,500,000, averaging $4,500,000, and reaching up to $4,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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6-Month New Listing Trend

Monthly new listing volume vs. 6-month average in Monticello.

Demographics Overview

Population 15K

Population Growth (5Y) +5.2%

Median Household Income $61,087

College Educated 24.1%

High-Yield Neighborhoods for Strategic Investment

Identify Monticello submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
47960	$4.5M

Taxes & Financing

Tax Rate (average for all types) 1.66%

Property Tax per SF $33.92 per sq ft

Tax Rate vs County Average 0.25 pp above county avg

Average Loan-to-Value 65.0%

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Monticello, IN Apartment Buildings for Sale

Waterfront Multifamily Resort Opportunity

55-unit waterfront multifamily asset near Indiana Beach.

Opportunities in Nearby Cities

DeMotte Multifamily Investment Opportunity

DeMotte Multifamily Investment Opportunity