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    Monrovia, IN
    Residential Income

    Monrovia, IN Residential Income Properties for Sale

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    Martinsville, IN Mooresville, IN Clayton, IN Brooklyn, IN Plainfield, IN Stilesville, IN Danville, IN Camby, IN
    Three-Unit Multifamily Building
    Updated: Jul 23
    Three-Unit Multifamily Building

    285 S Chestnut St, Monrovia, IN 46157

    Contact for pricing
    2,320 sqft
    2,320 SF low‑rise multifamily building
    Three spacious units in a garden‑style, low‑rise setup
    Year built: 1970
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Monrovia, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Single-Story Duplex Income Property
    Single-Story Duplex Income Property

    1145-1155 Leota Drive, Martinsville, IN 46151

    $250,000
    0.27 AC lot

    Well-maintained duplex built in 2006 with updated roof and units available for leasing or occupancy.

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    Two-Unit Brick Duplex
    Two-Unit Brick Duplex

    1409 1411 Crabapple Court, Martinsville, IN 46151

    $275,000
    0.31 AC lot

    Occupied duplex with included appliances, central air, and owner-paid water and lawn mowing.

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    Updated Duplex with Tenant Occupancy
    Updated Duplex with Tenant Occupancy

    234-236 Lehr Drive, Mooresville, IN 46158

    $264,900
    0.57 AC lot

    Brick duplex with occupied units, recent improvements, appliances, and laundry hookups in each residence.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    48-50 1/2 E Main Street, Mooresville, IN 46158

    $276,000
    0.22 AC lot

    Four fully occupied 1-bedroom, 1-bath units on a corner lot with dedicated tenant parking.

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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.

    Agricultural Land with Pond
    Agricultural Land with Pond

    N Baltimore Road, Monrovia, IN 46157

    $2,000,000
    86.22 AC lot

    86.22-acre agricultural land in Monrovia with a pond and buildable sites, with septic needed.

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    Agricultural Estate Lot with Views
    Agricultural Estate Lot with Views

    Goat Hollow Estates Road lot: 2, Martinsville, IN 46151

    $215,000
    8.99 AC lot

    Nearly 9-acre agricultural-zoned estate lot with multiple potential building sites and completed soil testing and survey.

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    Brooklyn Residential Lot with Garage
    Brooklyn Residential Lot with Garage

    203 Short Street, Brooklyn, IN 46111

    Contact for pricing
    0.18 AC lot

    City lot with garage, ready for new home.

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    Secluded 15-Acre Residential Paradise
    Secluded 15-Acre Residential Paradise

    1715 Orchard Hills Road, Martinsville, IN 46151

    $349,000
    15.00 AC lot

    15 acres of wooded property with existing home.

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    Off-Market Properties in Monrovia, IN

    Consider similar Off-Market properties in Monrovia, 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.

    Baltimore Rd
    Land

    0 Baltimore Rd, Monrovia, IN 46157

    Value Estimation by Request
    11.57 AC lot
    View details

    Monrovia, IN Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Monrovia, IN on our real estate platform. These investment opportunities span a total of 2,320 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 1
    Triplexes 1

    Demographics Overview

    Population 4,370
    Population Growth (5Y) +8.0%
    Median Household Income $74,286
    College Educated 26.1%

    Taxes & Financing

    Tax Rate (average for all types) 1.20%
    Property Tax per SF $21.03 per SF
    Tax Rate vs County Average 0.08 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morgan County

    New Delisted

    Total CRE Inventory on Market (SF)

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