Remodeled Duplex with Detached
For Sale
$250,000
406 West Marion Street, Monticello, IN 47960
Two updated residences offer laundry areas, outdoor space, and designated access to a detached garage.
Property Size2,062 SF
Price / SF$121.24
Days on Market113
Property Features for 406 West Marion Street
General Information
Standard status
Active
Size
2,062 SF
Property subtype
Multi Family / Duplex
Lease Term
1 Year
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,963
Amenities
fenced-in yard
Central Air
2
Yes
Mixed
Gas, Forced Air
Crawl, Partial Basement
1
4
No
Vinyl
Ceiling Fan, Fenced Yard, Off Street Parking
Building Details
Year Built
1888
Buildings
1
Units
2
Listing Agency:
Raeco Realty
(765) 838-2785
Listed By:
Garrett Criswell
(765) 838-2785
Source:
Compass
Added: May 11
Changed: Aug 30
Last Checked: Aug 30 at 12:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Raeco Realty
Investment Insights
Based on property information with market context.
This 2,062-square-foot duplex contains two residences arranged across separate levels. The downstairs Unit A has 2 bedrooms and 1 bathroom, along with a remodeled kitchen featuring an eat-at island, a spacious laundry area, and basement access. Upstairs, Unit B also includes 2 bedrooms and 1 bathroom, plus central air, a newer furnace that is 1 year old, a laundry room, and updated kitchen, living room, bedroom, and bathroom finishes.
The property occupies a corner lot at 406 West Marion Street in Monticello, Indiana. Exterior improvements include a fenced yard, off-street parking, and a detached garage. The garage has three bays: one assigned to Unit A, one to Unit B, and one reserved for landlord stair access. The home was built in 1888.
The property occupies a corner lot at 406 West Marion Street in Monticello, Indiana. Exterior improvements include a fenced yard, off-street parking, and a detached garage. The garage has three bays: one assigned to Unit A, one to Unit B, and one reserved for landlord stair access. The home was built in 1888.
Key Highlights
- 2,062‑square‑foot duplex with two separate residences
- Downstairs Unit A includes 2 bedrooms, 1 bathroom, remodeled interiors, laundry, and basement access
- Upstairs Unit B offers 2 bedrooms, 1 bathroom, central air, and a newer furnace that is 1 year old
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
530
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two updated residences offer laundry areas, outdoor space, and designated access to a detached garage.
Where is this duplex located?
The property is located at 406 West Marion Street Monticello, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 2,062‑square‑foot duplex with two separate residences; Downstairs Unit A includes 2 bedrooms, 1 bathroom, remodeled interiors, laundry, and basement access; Upstairs Unit B offers 2 bedrooms, 1 bathroom, central air, and a newer furnace that is 1 year old
