Multifamily

Montpelier, IN Multifamily Properties for Sale

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Triplex Income Property
Updated: Dec 9, 2025
Triplex Income Property

332 S Main Street, Montpelier, IN 47359

$145,000
2,691 sqft 0.17 AC lot
Triplex with monthly income of $1,875: Unit A $700, Unit B $455, Unit C $720
Owner pays water
Fireplace present
Year built 1900
Vinyl flooring
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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 1 Active listings in Montpelier, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Historic Apartment Building with Office
Historic Apartment Building with Office

215 E 3Rd Street, Marion, IN 46952

$2,500,000
7,053 sqft 0.40 AC lot

Apartment building offers a mix of 1-, 2-, and studio units plus an office space for flexible resident or extended-stay use.

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Duplex with Back Yard and Deck
Duplex with Back Yard and Deck

3812 S Washington Street, Marion, IN 46953

$117,000
1,644 sqft 0.18 AC lot

Duplex layout offers upstairs and downstairs apartments, plus a large back yard, open deck, and rear parking area.

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Updated Duplex with Covered Porch
Updated Duplex with Covered Porch

300 E Main Street, Hartford City, IN 47348

$134,900
3,112 sqft 0.17 AC lot

Updated, fully rented duplex with two 2-bedroom units, covered front porch, and off-street rear parking.

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Warehouse and Light Manufacturing Facility
Warehouse and Light Manufacturing Facility

908-918 E Franklin, Hartford City, IN 47348

Contact for pricing
10.39 AC lot

Pre-engineered steel warehouse space with nine docks, four drive-through doors, and limited office area on 10.39 acres.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Homesite in Wheatfield, Indiana
Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing
0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Residential Land in Mount Gilead
Residential Land in Mount Gilead

7326 State Route 19, Mount Gilead, OH 43338

Contact for pricing
0.40 AC lot

Land available in Mount Gilead with lake amenities.

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Residential Land in Mount Gilead
Residential Land in Mount Gilead

7326 State Route 19, Unit 6, Lots 90,91,92, Mount Gilead, OH 43338

Contact for pricing
0.40 AC lot

Land for sale with lake amenities in Mount Gilead.

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University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing
3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Off-Market Properties in Montpelier, IN

Consider similar Off-Market properties in Montpelier, 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.

621 Standard Oil Blvd
MOBILE HOME PARK, TRAILER PARK

621 Standard Oil Blvd, Montpelier, IN 47359-1266

Value Estimation by Request
4.33 AC lot
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109 High St
APARTMENT HOUSE (UNDER 5 UNITS)

109 High St, Montpelier, IN 47359-1105

Value Estimation by Request
2,640 sqft 0.05 AC lot
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699 Windsor St
APARTMENT HOUSE (UNDER 5 UNITS)

699 Windsor St, Montpelier, IN 47359-1020

Value Estimation by Request
2,400 sqft 1.08 AC lot
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224 Vine St
APARTMENT HOUSE (UNDER 5 UNITS)

224 Vine St, Montpelier, IN 47359-1474

Value Estimation by Request
3,128 sqft 2.73 AC lot
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109 Grn 211th S Main St
APARTMENT HOUSE (UNDER 5 UNITS)

109 Grn 211th S Main St, Montpelier, IN 47359

Value Estimation by Request
3,168 sqft 0.67 AC lot
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116 Huntington St
APARTMENT HOUSE (UNDER 5 UNITS)

116 Huntington St, Montpelier, IN 47359-1124

Value Estimation by Request
2,200 sqft 0.04 AC lot
View details

Montpelier, IN Multifamily Properties Market Trends and Statistics

Explore 7 multifamily properties for sale in Montpelier, IN on our real estate platform. These investment opportunities span a total of 2,691 square feet of properties for sale, with an estimated market value of $145,000.

Sale prices for multifamily properties in Montpelier, IN average $145,000 — 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

Triplexes 1

Demographics Overview

Population 3,688
Population Growth (5Y) +25.4%
Median Household Income $67,308
College Educated 10.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
47359 $145K

Taxes & Financing

Tax Rate (average for all types) 2.62%
Property Tax per SF $44.75 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Blackford County

New Delisted

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