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Well-Maintained Duplex with Wood Decks
For Sale
Under Contract
$229,900

504 Foster Street, Monticello, IN 47960

MULTI_FAMILY - Monticello, IN

Property Size1,664 SF
Lot Size0.25 Acres
Price / SF$138.16
Days on Market66

Property Features for 504 Foster Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1
Parking 2
Basement Block
Subdivision Beattys Western
Lot features Level
Elementary school Twin Lakes
Middle school Twin Lakes
High school Twin Lakes
Elementary school district Twin Lakes School Corp.
Middle school district Twin Lakes School Corp.
High school district Twin Lakes School Corp.
Directions Illinois Street to Foster Street, turn west
Standard status Active Under Contract
APN 91-73-33-000-041.100-021
Size 1,664 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description BEATTY'S ADD LOT 4
Tax Annual Amount 1048
Legal Description BEATTY'S ADD LOT 4

Utilities

Cooling system Central Air

Building Details

Year built 1988
Number of units 2
Flooring type Tile - Ceramic, Carpet, Laminate
Architectural style Other
Listing Agency: VOGEL REAL ESTATE
Listed By: Gregory Vogel II, Gri
Added: Jun 8 Changed: Aug 3 Last Checked: Aug 12 at 11:06AM
MLS# 202622658

Copyright © 2026 White County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This well cared for duplex is located on the west side of Monticello and offers two separate residential units. The home was built in 1988 and features central air cooling. Interior finishes include a mix of carpet, laminate, and ceramic tile flooring.

Unit A includes tiled floors, a newer kitchen with appliances, and fresh interior paint. Updated vinyl windows are installed throughout, helping keep the property consistent in appearance across both units. Enjoy outdoor downtime on the wood decks.

The property is described as being close to schools, parks, downtown retail, and Wal-Mart, supporting tenant convenience for everyday needs. The duplex configuration also allows for flexible living arrangements, with the option to live in one unit while leasing the other.

Key Highlights

  • 0.25‑acre duplex lot
  • 1,664 SF duplex building
  • Built in 1988 with central air

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office HVAC Service Storage Facility Kitchen & Bath Showroom Locksmith Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

441
Businesses Nearby

Demographics for 47960, IN

15,029
Population
9,757
Households
1.5
Avg Household Size
47
Median Age
18%
College-Educated
91%
High-School Grad
118.3 sq mi
ZIP Area
127
Density / Sq Mi
$61,087
Median Household Income
$38,389
Median Earnings
$852
Median Rent
$179,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Well cared for duplex with updated vinyl windows, central air, and wood decks for outdoor living.
Where is this duplex located?
The property is located at 504 Foster Street Monticello, IN.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: 0.25‑acre duplex lot; 1,664 SF duplex building; Built in 1988 with central air
More about this property
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