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Updated Duplex with Patios
For Sale
$239,900

508 Foster St, Monticello, IN 47960

Updated duplex with two patios, wooded backyard, shed, and low-maintenance exterior with asphalt parking.

Property Size1,592 SF
Price / SF$150.69
Days on Market75

Property Features for 508 Foster St

General Information

Standard status Active
Size 1,592 SF
Property subtype Residential Income
Occupancy 100%

Taxes and HOA fees

Annual Taxes $2,712

Building Details

Tenancy Multi
Listing Agency: VOGEL REAL ESTATE
Listed By: Gregory Vogel II, Gri
Source: Exprealty
Added: Jun 10 Changed: Aug 23 Last Checked: Aug 3 at 7:31PM

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 updated duplex offers two residential units with a number of exterior and interior improvements. Exterior updates include roof and vinyl windows, along with updated kitchens, plank flooring, and updated bathroom vanities. The property also features a nice wooded backyard with a shed, plus patios for outdoor use. Low-maintenance exterior elements and asphalt parking areas support day-to-day convenience.

The duplex is located in Monticello near schools and shopping, with the surrounding setting including a wooded backyard. The property is currently 100% occupied with tenants on month-to-month leases.

As an income-oriented residential duplex, the layout and recent updates are intended to support ongoing occupancy while keeping exterior and interior maintenance needs comparatively straightforward.

Key Highlights

  • Updated duplex built in 1977, with central air and forced‑air heating
  • Two units with 2 bedrooms each (4 total bedrooms) and 2 total baths
  • Asphalt driveway and off‑street parking, plus vinyl exterior and shingle roof

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

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 - Updated duplex with two patios, wooded backyard, shed, and low-maintenance exterior with asphalt parking.
Where is this duplex located?
The property is located at 508 Foster St 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 built in 1977, with central air and forced‑air heating; Two units with 2 bedrooms each (4 total bedrooms) and 2 total baths; Asphalt driveway and off‑street parking, plus vinyl exterior and shingle roof
More about this property
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