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Well-Maintained Duplex Home
For Sale
$219,900

506 Foster St, Monticello, IN 47960

Well-cared-for duplex features updated vinyl windows, updated flooring, wood decks, and updated A/C units.

Property Size1,664 SF
Price / SF$132.15
Days on Market75

Property Features for 506 Foster St

General Information

Standard status Active
Size 1,664 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $2,813
Listing Agency: VOGEL REAL ESTATE
Listed By: Gregory Vogel II, Gri
Source: Exprealty
Added: Jun 10 Changed: Aug 23 Last Checked: Jul 23 at 7:26AM

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 VOGEL REAL ESTATE

Investment Insights

Based on property information with market context.

This well-maintained duplex offers updated A/C units, updated vinyl windows, updated plank flooring, and wood decks. A utility shed provides additional storage for resident use.

The property is located on the west side of Monticello and is described as having close proximity to schools, city parks, the town square, downtown retail areas, and Wal-Mart.

As a residential income property, the duplex configuration is designed to support two separate living spaces under one ownership.

Key Highlights

  • Well‑cared‑for duplex built in 1984 with 4 bedrooms and 2 full baths
  • Updated vinyl windows and updated A/C units
  • 1‑story layout with carpet and laminate flooring

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.

Location Intelligence

Trade Area within ½ mile

544
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 features updated vinyl windows, updated flooring, wood decks, and updated A/C units.
Where is this duplex located?
The property is located at 506 Foster St Monticello, IN.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Well‑cared‑for duplex built in 1984 with 4 bedrooms and 2 full baths; Updated vinyl windows and updated A/C units; 1‑story layout with carpet and laminate flooring
More about this property
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