Residential Income

Monticello, IN Residential Income Properties for Sale

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Well-Maintained Duplex with Wood Decks
Updated: Jun 8
Well-Maintained Duplex with Wood Decks

504 Foster Street, Monticello, IN 47960

$229,900
1,664 sqft 0.25 AC lot
0.25‑acre duplex lot
1,664 SF duplex building
Built in 1988 with central air
Updated vinyl windows throughout
Unit A: newer kitchen and appliances, tiled floors, fresh interior paint
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Updated Duplex with Patio
Updated: Jun 8
Updated Duplex with Patio

508 Foster Street, Monticello, IN 47960

$239,900
1,592 sqft 0.28 AC lot
Updated duplex with patios, wooded backyard, and a shed
0.28‑acre lot with asphalt parking areas
Built in 1977 with shingle roof and vinyl windows
Exterior updates include roof, updated kitchens, plank flooring, and updated bathroom vanities
Central air cooling with laminate/plank flooring
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Well-Maintained Duplex with Outdoor Patios
Well-Maintained Duplex with Outdoor Patios

502 Foster Street, Monticello, IN 47960

$239,900
1,696 sqft 0.24 AC lot

Duplex in Monticello with central air, updated windows, and a newer roof, plus concrete patios.

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Multi-Unit Residential Income Property
Multi-Unit Residential Income Property

5116 E Indiana Beach Road, Monticello, IN 47960

$649,000
4,530 sqft

Investment property with seven rental units across five buildings, near Indiana Beach and Lake Shafer.

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Duplex with Updated Central Air
Duplex with Updated Central Air

506 Foster Street, Monticello, IN 47960

$219,900
1,664 sqft 0.27 AC lot

Well-cared-for duplex with updated central air, vinyl windows, wood decks, and carpet and laminate flooring.

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Lakefront Multi-Purpose Property
Lakefront Multi-Purpose Property

11810 W 820 N Crossroads, Monticello, IN 47960

$975,000
3.90 AC lot

Lake Freeman property with a ranch home and estimated 260 feet of level lake frontage plus harbor and boat launch.

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Updated Duplex with Patios
Updated Duplex with Patios

508 Foster Street, Monticello, IN 47960

$239,900
1,592 sqft

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

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Updated Duplex with Wood Decks
Updated Duplex with Wood Decks

504 Foster St, Monticello, IN 47960

$229,900
1,664 sqft

Two-unit property featuring refreshed interiors, newer appliances, and outdoor deck space.

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Well-Maintained Duplex Home
Well-Maintained Duplex Home

506 Foster Street, Monticello, IN 47960

$219,900
1,664 sqft

Well-cared-for duplex features updated vinyl windows, updated flooring, wood decks, and updated A/C units.

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Mobile Home Park with Open Lots
Mobile Home Park with Open Lots

1193 Hanawalt Rd, Monticello, IN 47960

Contact for pricing
10.00 AC lot

Licensed mobile home park on a 10-acre site with utilities run to open lots and multiple rental homes.

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Based on your search, we've compiled 58 Potential Opportunities for your consideration. Besides 10 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, 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.

Courtyard and Private Parking Apartment Building
Courtyard and Private Parking Apartment Building

101 W Main Street, Winamac, IN 46996

$1,250,000
14,845 sqft 0.40 AC lot

Brick 19-unit apartment complex with shared laundry, grassy courtyard, and off-street resident parking.

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Historic Two-Unit Duplex
Historic Two-Unit Duplex

1014 Heath St, Lafayette, IN 47904

$259,900
2,800 sqft

Fully leased duplex with separate utilities and updated kitchens and baths.

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19-Unit Apartment Complex
19-Unit Apartment Complex

101 West Main Street, Winamac, IN 46996

$1,250,000
14,845 sqft

Nineteen brick apartments include studios, one- and two-bedroom units, plus shared laundry, courtyard, and resident parking.

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Victorian Duplex with Finished Third Floor
Victorian Duplex with Finished Third Floor

1014 Heath Street, Lafayette, IN 47904

$259,900
2,800 sqft 0.14 AC lot

Well-maintained Victorian duplex with two 2-bedroom, 1-bath units, central air, garage and off-street 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.

Interior Lake-Access Land Lot
Interior Lake-Access Land Lot

2146 Deepwater (Lot 36) Loop lot: 36, Monticello, IN 47960

$68,900
0.34 AC lot

Interior lot within Lakeview Bay, featuring shared access to Lake Shafer via a private homeowner dock.

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Residential Lake-Access Interior Lot
Residential Lake-Access Interior Lot

2002 Deepwater (Lot 25) Loop lot: 25, Monticello, IN 47960

$68,900
0.34 AC lot

Interior residential lot with shared lakeside common area and courtesy dock access on Lake Shafer.

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Water-Access Lakeview Interior Lot
Water-Access Lakeview Interior Lot

2014 Deepwater (Lot 26) Loop lot: 26, Monticello, IN 47960

$59,900
0.25 AC lot

Build an interior home with shared access to Lake Shafer through a private community dock in a homeowner-only lakeside setting.

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Lake-Access Interior Residential Lot
Lake-Access Interior Residential Lot

2133 Deepwater (Lot 2) Loop lot: 2, Monticello, IN 47960

$64,900
0.31 AC lot

Interior lot in Lakeview Bay with shared access to Lake Shafer via a private community dock and utilities available.

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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

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

Ww 600th Nn, Monticello, IN 47960

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

Shafer Dr, Monticello, IN 47960

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

Shafer Dr, Monticello, IN 47960

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

2766 Shafer Dr, Monticello, IN 47960-8708

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

Shafer Dr, Monticello, IN 47960

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

Shafer Dr, Monticello, IN 47960

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

Shafer Dr, Monticello, IN 47960

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

2280 Shafer Dr, Monticello, IN 47960-1243

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

6718 Palmers Dr, Monticello, IN 47960

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

4670 Lynn Vw Dr, Monticello, IN 47960-7158

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

7095 Lakewood Dr, Monticello, IN 47960

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

400 Easy St, Monticello, IN 47960

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

5303 Cherokee Ct, Monticello, IN 47960

$290,000
Estimated value
1.03 AC lot
View details

Monticello, IN Residential Income Properties Market Trends and Statistics

Explore 50 residential income properties for sale in Monticello, IN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 16,066 square feet of properties for sale, with an estimated market value of $3,243,300.

Sale prices for residential income properties in Monticello, IN start at $219,900, averaging $360,366, and reaching up to $975,000 — 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

Multifamily properties 9
Duplexes 7
Mobile home & RV parks 1
Short term rental properties 1
Single family properties 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 $359.8K

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%

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