Montpelier, IN
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    Montpelier, IN Residential Income Properties for Sale

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    Hartford City, IN Pennville, IN Warren, IN
    Traditional Triplex with Income Units
    $145,000
    2,691 SF
    Traditional Triplex with Income Units

    332 S Main Street, Montpelier, IN 47359

    Three-unit triplex generating monthly rental income, with owner-paid water and tenants in place under tenant-rights possession.
    • Monthly income of $1833 from three units
    • Excellent renters already in place
    • Property is in very nice condition
    • Basement included
    • Off‑street parking available
    Updated: Dec 9, 2025
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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.

    Turnkey Triplex Investment Opportunity
    $180,000
    2,503 SF
    Turnkey Triplex Investment Opportunity

    Well-maintained triplex with solid rental potential in Hartford City.

    703 & 705 N Walnut Street, Hartford City, IN 47348

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    Hartford City Turnkey Triplex
    $180,000
    2,503 SF
    Hartford City Turnkey Triplex

    Well-maintained triplex in Hartford City, offering steady rental income.

    703 & 705 N Walnut Street, Hartford City, IN 47348

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    Historic Building with Commercial Space
    $8,000,000
    15,000 SF
    Historic Building with Commercial Space

    Renovated historic building featuring commercial space and market-rate apartments.

    402 S Washington St, Marion, IN 46953

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    Duplex with Long-Term Renters
    $45,000
    2,304 SF
    Duplex with Long-Term Renters

    Duplex property with long-term tenants; landlord pays all utilities.

    1522 South Washington Street, Marion, IN 46953

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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.

    Residential Land in Bluffton, Indiana
    $63,000
    0.85 Acres
    Residential Land in Bluffton, Indiana

    Residential land for sale in a desirable Bluffton location.

    1791 S 300 E, Bluffton, IN 46714

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    Residential Land in Bluffton, Indiana
    $73,000
    0.71 Acres
    Residential Land in Bluffton, Indiana

    Executive lots for building a new home in Bluffton School District.

    1797 S 300 E, Bluffton, IN 46714

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    Residential Land in Bluffton, Indiana
    $73,000
    0.83 Acres
    Residential Land in Bluffton, Indiana

    Executive lots for building a new home in Bluffton School District.

    1795 S 300 E, Bluffton, IN 46714

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    Residential Land in Bluffton, Indiana
    $73,000
    0.85 Acres
    Residential Land in Bluffton, Indiana

    Residential land for sale in Bluffton School District.

    1799 S 300 E, Bluffton, IN 46714

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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
    Lot: 4.33 Acres
    Value Estimation by Request

    621 Standard Oil Blvd, Montpelier, IN 47359-1266

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    109 High St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,640 SF Lot: 0.05 Acres
    Value Estimation by Request

    109 High St, Montpelier, IN 47359-1105

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    699 Windsor St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,400 SF Lot: 1.08 Acres
    Value Estimation by Request

    699 Windsor St, Montpelier, IN 47359-1020

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    224 Vine St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,128 SF Lot: 2.73 Acres
    Value Estimation by Request

    224 Vine St, Montpelier, IN 47359-1474

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    109 Grn 211th S Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,168 SF Lot: 0.67 Acres
    Value Estimation by Request

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

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    116 Huntington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,200 SF Lot: 0.04 Acres
    Value Estimation by Request

    116 Huntington St, Montpelier, IN 47359-1124

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    Montpelier, IN Residential Income Properties Investment Opportunities Market Analysis

    Explore 7 residential income 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 residential income properties in Montpelier, IN start at $145,000, averaging $145,000, 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

    Multifamily properties 1
    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 $169K

    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%

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