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    Montpelier, IN
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    Montpelier, IN Multifamily Properties for Sale

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    Hartford City, IN Van Buren, IN Pennville, IN Warren, IN Bluffton, IN Dunkirk, IN Upland, IN Markle, IN
    Two-Unit Duplex with Garage
    Updated: Sep 4
    Two-Unit Duplex with Garage

    432 W High Street, Montpelier, IN 47359

    $139,900
    2,471 sqft 0.16 AC lot
    Two‑unit duplex with 2,471 square feet of property size
    Each unit includes 2 bedrooms and 1 full bathroom
    Utilities, including water, are separately split
    Detached 2‑car garage with off‑street parking
    Fenced yard on a 0.16‑acre lot
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    Two-Story Triplex
    Updated: Dec 9, 2025
    Two-Story Triplex

    332 S Main Street, Montpelier, IN 47359

    $145,000
    2,691 sqft 0.17 AC lot
    Three‑unit property with tenant occupancy in place
    2,691 square feet on a 0.17‑acre parcel
    Built in 1900 with a shingle roof
    Off‑street parking and basement included
    Vinyl flooring and fireplace
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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    332 S Main St, Montpelier, IN 47359

    $145,000
    2,691 sqft

    Occupied residential income property with water service paid by ownership.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Two-Unit Duplex with Garage
    Two-Unit Duplex with Garage

    432 W High St, Montpelier, IN 47359

    $139,900
    2,471 sqft

    Each residence includes two bedrooms, one full bath, hardwood floors, appliances, and a window air conditioner.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 4 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

    Opportunities in Nearby Cities

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

    Historic Mixed-Use Building
    Historic Mixed-Use Building

    234-244 E Main St, Gas City, IN 46933

    $995,000
    19,000 sqft

    Downtown property combines leased storefronts with renovated apartments, historic finishes, and additional residential space for future buildout.

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    Updated Duplex with Two Unit Mix
    Updated Duplex with Two Unit Mix

    909 E North F St, Gas City, IN 46933

    $185,000
    1,860 sqft

    Recently updated duplex with separate storage areas and a large rear yard.

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    Triplex with Redevelopment Potential
    Triplex with Redevelopment Potential

    525 E Washington St, Hartford City, IN 47348

    Contact for pricing
    2,437 sqft

    Three-unit property requiring significant renovation, with possible teardown and redevelopment applications.

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    INVESTMENT, One and Half Story, Hartford City, IN
    INVESTMENT, One and Half Story, Hartford City, IN

    525 E Washington Street, Hartford City, IN 47348

    Contact for pricing
    2,437 sqft 0.16 AC lot

    Triplexes · 2,437 SF

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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

    Estimated value:
    $225,000
    4.33 AC lot
    View details
    109 High St
    APARTMENT HOUSE (UNDER 5 UNITS)

    109 High St, Montpelier, IN 47359-1105

    Estimated value:
    $260,000
    2,640 sqft 0.05 AC lot
    View details
    699 Windsor St
    APARTMENT HOUSE (UNDER 5 UNITS)

    699 Windsor St, Montpelier, IN 47359-1020

    Estimated value:
    $265,000
    2,400 sqft 1.08 AC lot
    View details
    224 Vine St
    APARTMENT HOUSE (UNDER 5 UNITS)

    224 Vine St, Montpelier, IN 47359-1474

    Estimated value:
    $245,000
    3,128 sqft 2.73 AC lot
    View details
    109 Grn 211th S Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

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

    Estimated value:
    $270,000
    3,168 sqft 0.67 AC lot
    View details
    116 Huntington St
    APARTMENT HOUSE (UNDER 5 UNITS)

    116 Huntington St, Montpelier, IN 47359-1124

    Estimated value:
    $255,000
    2,200 sqft 0.04 AC lot
    View details

    Montpelier, IN Multifamily Properties Market Trends and Statistics

    Explore 10 multifamily properties for sale in Montpelier, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 10,324 square feet of properties for sale, with an estimated market value of $569,800.

    Sale prices for multifamily properties in Montpelier, IN start at $139,900, averaging $142,450, and reaching up to $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

    Duplexes 2
    Triplexes 2

    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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