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Updated Duplex with Patio
For Sale
Under Contract
$239,900

508 Foster Street, Monticello, IN 47960

MULTI_FAMILY - Monticello, IN

Property Size1,592 SF
Lot Size0.28 Acres
Price / SF$150.69
Days on Market66

Property Features for 508 Foster Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1
Parking 4
Basement Block
Subdivision Beattys Western
Lot features City/ Town/ Suburb, Level, Partially Wooded, 0-2.9999
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 follow to duplex's on north side of Foster Street
Standard status Active Under Contract
APN 91-73-33-000-040.600-021
Size 1,592 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Beatty's Addition lot 2
Tax Annual Amount 1048
Legal Description Beatty's Addition lot 2

Utilities

Cooling system Central Air

Amenities

wooded backyard
shed
patios

Building Details

Year built 1977
Number of units 2
Flooring type Laminate
Roof type Shingle
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 2:06PM
MLS# 202622652

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 updated duplex offers comfortable living with central air and laminate flooring. The home was built in 1977 and includes patios, a wooded backyard, and a shed. Interior and exterior improvements include a newer roof, vinyl windows, updated kitchens, plank flooring, and updated bathroom vanities, supporting a low-maintenance exterior.

The property sits on a 0.28-acre lot with asphalt parking areas. Current occupancy is 100%, with tenants on month-to-month leases, which can support flexible tenant arrangements.

With multiple bedrooms and two bathrooms, this duplex configuration is well suited for residential income or owner-occupant scenarios that benefit from separate living spaces.

Key Highlights

  • Updated duplex with patios, wooded backyard, and a shed
  • 0.28‑acre lot with asphalt parking areas
  • Built in 1977 with shingle roof and vinyl windows

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

100%
Occupancy
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 - Updated duplex with patio areas, central air, and a 100% occupancy rate with month-to-month tenants.
Where is this duplex located?
The property is located at 508 Foster Street Monticello, IN.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Updated duplex with patios, wooded backyard, and a shed; 0.28‑acre lot with asphalt parking areas; Built in 1977 with shingle roof and vinyl windows
More about this property
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