Triplex Income
332 S Main Street Montpelier, IN 47359
332 S Main Street, Montpelier, IN, 47359
$145,000
For Sale
$145,000
MULTI_FAMILY - Other - Montpelier, IN
Property Size2,691 SF
Lot Size0.17 Acres
Price / SF$53.88
Days on Market224
Property Features for 332 S Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 3, Basement, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1
- Parking
- 3
- Parking features
- Off Street
- Fireplace
- 1
- Basement
- Block
- Standard status
- Active
- APN
- 050209101010000002
- Size
- 2,691 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- O P CENTER 47 1/2X160 LOT 8 BLK 14
- Tax Annual Amount
- 1200
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Vinyl
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
RE/MAX Real Estate Groups
(765) 288-0400
Listed by
Tina Coons · License #RB14020128
(765) 744-6493
Added: Dec 9, 2025 Updated: Jul 11 at 2:36AM Checked: Jul 21 at 7:06PM
MLS# 202548527
Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. 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 offering is a triplex with three separately leased units (Unit A, Unit B, and Unit C). The stated monthly income totals $1,875, with Unit A at $700, Unit B at $455, and Unit C at $720. According to the remarks, the owner pays water. The property is described as being in very nice condition, and tenants are in place.
The property is located at 332 S Main Street in Montpelier, Indiana 47359 (Blackford County). Possession is subject to tenant rights, and the sale is being offered with tenants in place.
For buyers seeking a small, income-focused multifamily asset, this triplex provides an in-place rental setup with three active units and a clear breakdown of stated monthly rents. With owner-paid water and tenant-occupied possession, it is well-suited for investors or owner-occupants who want ongoing collections from a three-unit configuration while working within the existing tenant rights terms.
The property is located at 332 S Main Street in Montpelier, Indiana 47359 (Blackford County). Possession is subject to tenant rights, and the sale is being offered with tenants in place.
For buyers seeking a small, income-focused multifamily asset, this triplex provides an in-place rental setup with three active units and a clear breakdown of stated monthly rents. With owner-paid water and tenant-occupied possession, it is well-suited for investors or owner-occupants who want ongoing collections from a three-unit configuration while working within the existing tenant rights terms.
Key Highlights
- Triplex with monthly income of $1,875: Unit A $700, Unit B $455, Unit C $720
- Owner pays water and tenants have possession rights
- Built in 1900
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three-unit triplex generating stated monthly rents; owner pays water with tenants in place.
Where is this triplex located?
The property is located at 332 S Main Street Montpelier, IN.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Triplex with monthly income of $1,875: Unit A $700, Unit B $455, Unit C $720; Owner pays water and tenants have possession rights; Built in 1900
