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    Monticello, IN Multifamily Properties for Sale

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    7 properties
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    Multi-Unit Residential Income Property
    Updated: Jul 12
    Multi-Unit Residential Income Property

    5116 E Indiana Beach Road, Monticello, IN 47960

    $649,000
    4,530 sqft
    Investment property at 5116 E Indiana Beach Road, Monticello, IN, built in 1928 with seven rental units across five separate buildings.
    Waterfront on Lake Shafer with 120 ft of water frontage and a pier/dock; lake access via Lake Shafer.
    0.67‑acre lot (approx.) with lot size area 29,185 SF and lot dimensions 120x245.
    Paved parking with 10 parking spaces and county road access; ingress/egress via asphalt.
    Exterior features include block, metal, and shingle construction.
    View details
    Remodeled Duplex with Detached Garage
    Updated: Apr 16
    Remodeled Duplex with Detached Garage

    406 West Marion Street, Monticello, IN 47960

    $245,900
    2,062 sqft
    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
    Detached 3‑bay garage with one bay designated for each unit and one for landlord stair access
    Fenced yard, off‑street parking, and corner‑lot setting
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    10-Unit Lakefront Hospitality Cottage Portfolio
    10-Unit Lakefront Hospitality Cottage Portfolio

    4958 E INDIANA BEACH RD, Monticello, IN 47960

    Contact for pricing
    4,000 sqft

    Detached guest cottages offer renovated interiors, private outdoor space, and convenient access to Indiana Beach and Lake Shafer docks.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Short-Term Rental Cottage Portfolio
    Short-Term Rental Cottage Portfolio

    4957 E INDIANA BEACH RD, Monticello, IN 47960

    Contact for pricing
    4,000 sqft

    Ten detached vacation cottages offer weekly rental operations near Lake Shafer and Indiana Beach attractions.

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    Five-Cottage Short-Term Rental Portfolio
    Five-Cottage Short-Term Rental Portfolio

    4990 E INDIANA BEACH RD 1-5, Monticello, IN 47960

    Contact for pricing
    2,000 sqft

    Five detached studio units near Lake Shafer and the Indiana Beach boardwalk, with updated interiors and individual climate control.

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    8-Unit Single-Story Rental Property
    8-Unit Single-Story Rental Property

    4986 E INDIANA BEACH RD, Monticello, IN 47960

    Contact for pricing
    2,448 sqft

    Renovated studio accommodations include kitchenettes, updated bathrooms, and individual heating and cooling systems.

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    Five-Cottage Short-Term Rental Portfolio
    Five-Cottage Short-Term Rental Portfolio

    5017 E INDIANA BEACH RD, Monticello, IN 47960

    Contact for pricing
    2,000 sqft

    Detached studio cottages feature kitchenettes, updated bathrooms, and individual heating and cooling.

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    Based on your search, we've compiled 51 Potential Opportunities for your consideration. Besides 7 Active listings in Monticello, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 40 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Newly Built Apartment Building
    Newly Built Apartment Building

    601 S Burson Street, Winamac, IN 46996

    $725,000
    5,872 sqft 0.30 AC lot

    Six-unit apartment property with duplex layouts, in-unit laundry, central air, and paved off-street parking.

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    Newly Built Apartment Building
    Newly Built Apartment Building

    601 S Burson St, Winamac, IN 46996

    $725,000
    5,872 sqft

    Six-unit apartment property with varied layouts, full appliance packages, and dedicated paved parking for residents.

    View details
    Updated Quadplex Property
    Updated Quadplex Property

    1115 E Broadway Street, Logansport, IN 47960

    $185,000
    5,418 sqft

    Recent improvements include roofing, HVAC, cabinets, countertops, and flooring.

    View details
    Renovated 18-Unit Apartment Building
    Renovated 18-Unit Apartment Building

    900 North Street, Logansport, IN 46947

    Contact for pricing
    14,328 sqft

    Fully renovated multifamily property with updated kitchens, baths, appliances, and building systems.

    View details

    Off-Market Properties in Monticello, IN

    Consider similar Off-Market properties in Monticello, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Ww 800th Nn
    CAMPGROUND, RV PARK

    Ww 800th Nn, Monticello, IN 47960

    Estimated value:
    $255,000
    11.62 AC lot
    View details
    Ww 600th Nn
    MOBILE HOME PARK, TRAILER PARK

    Ww 600th Nn, Monticello, IN 47960

    Estimated value:
    $285,000
    5.23 AC lot
    View details
    Shafer Dr
    CAMPGROUND, RV PARK

    Shafer Dr, Monticello, IN 47960

    Estimated value:
    $235,000
    1.14 AC lot
    View details
    Shafer Dr
    CAMPGROUND, RV PARK

    Shafer Dr, Monticello, IN 47960

    Estimated value:
    $260,000
    0.60 AC lot
    View details
    2766 Shafer Dr
    CAMPGROUND, RV PARK

    2766 Shafer Dr, Monticello, IN 47960-8708

    Estimated value:
    $250,000
    1,340 sqft 0.67 AC lot
    View details
    Shafer Dr
    MOBILE HOME PARK, TRAILER PARK

    Shafer Dr, Monticello, IN 47960

    Estimated value:
    $260,000
    16.66 AC lot
    View details
    Shafer Dr
    CAMPGROUND, RV PARK

    Shafer Dr, Monticello, IN 47960

    Estimated value:
    $240,000
    5.00 AC lot
    View details
    Shafer Dr
    MOBILE HOME PARK, TRAILER PARK

    Shafer Dr, Monticello, IN 47960

    Estimated value:
    $265,000
    2.05 AC lot
    View details
    2280 Shafer Dr
    MOBILE HOME PARK, TRAILER PARK

    2280 Shafer Dr, Monticello, IN 47960-1243

    Estimated value:
    $290,000
    0.83 AC lot
    View details
    6718 Palmers Dr
    MOBILE HOME PARK, TRAILER PARK

    6718 Palmers Dr, Monticello, IN 47960

    Estimated value:
    $310,000
    1.16 AC lot
    View details
    4670 Lynn Vw Dr
    MOBILE HOME PARK, TRAILER PARK

    4670 Lynn Vw Dr, Monticello, IN 47960-7158

    Estimated value:
    $235,000
    576 sqft 1.00 AC lot
    View details
    7095 Lakewood Dr
    MOBILE HOME PARK, TRAILER PARK

    7095 Lakewood Dr, Monticello, IN 47960

    Estimated value:
    $210,000
    4.81 AC lot
    View details
    400 Easy St
    CAMPGROUND, RV PARK

    400 Easy St, Monticello, IN 47960

    Estimated value:
    $250,000
    11.10 AC lot
    View details
    5303 Cherokee Ct
    MOBILE HOME PARK, TRAILER PARK

    5303 Cherokee Ct, Monticello, IN 47960

    Estimated value:
    $290,000
    1.03 AC lot
    View details
    11730 850th N
    MOBILE HOME PARK, TRAILER PARK

    11730 850th N, Monticello, IN 47960-8153

    Estimated value:
    $260,000
    1,090 sqft 22.96 AC lot
    View details
    11730 850th N
    MOBILE HOME PARK, TRAILER PARK

    11730 850th N, Monticello, IN 47960-8153

    Estimated value:
    $305,000
    3.00 AC lot
    View details
    225 225th Nn
    CAMPGROUND, RV PARK

    225 225th Nn, Monticello, IN 47960

    Estimated value:
    $220,000
    33.27 AC lot
    View details

    Monticello, IN Multifamily Properties Market Trends and Statistics

    Explore 47 multifamily properties for sale in Monticello, IN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 21,040 square feet of properties for sale, with an estimated market value of $894,900.

    Sale prices for multifamily properties in Monticello, IN start at $245,900, averaging $447,450, and reaching up to $649,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 7
    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 15K
    Population Growth (5Y) +5.2%
    Median Household Income $61,087
    College Educated 24.1%

    High-Yield Neighborhoods for Investment

    Identify Monticello submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47960 $279.8K

    Taxes & Financing

    Tax Rate (average for all types) 1.66%
    Property Tax per SF $33.92 per SF
    Tax Rate vs County Average 0.25 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in White County

    New Delisted

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