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    Short Term Rental

    Monticello, IN Short Term Rental Properties for Sale

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    Reynolds, IN Burnettsville, IN Brookston, IN Monon, IN Delphi, IN Battle Ground, IN Wolcott, IN Lafayette, IN
    Multi-Unit Residential Income Property
    Updated: Jul 12
    Multi-Unit Residential Income Property

    5116 E Indiana Beach Road, Monticello, IN 47960

    $649,000
    4,530 sqft
    Investment property at 5116 E Indiana Beach Road, Monticello, IN, built in 1928 with seven rental units across five separate buildings.
    Waterfront on Lake Shafer with 120 ft of water frontage and a pier/dock; lake access via Lake Shafer.
    0.67‑acre lot (approx.) with lot size area 29,185 SF and lot dimensions 120x245.
    Paved parking with 10 parking spaces and county road access; ingress/egress via asphalt.
    Exterior features include block, metal, and shingle construction.
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    10-Unit Lakefront Hospitality Cottage Portfolio
    Updated: Aug 18
    10-Unit Lakefront Hospitality Cottage Portfolio

    4958 E INDIANA BEACH RD, Monticello, IN 47960

    Contact for pricing
    4,000 sqft
    10 detached, two‑story cottages configured as 2‑bedroom, 1‑bath units
    Built in 2025 with updated guest accommodations
    Renovated interiors feature LVP flooring, shaker‑style cabinetry, and stainless steel appliances
    Each cottage includes a private covered balcony or patio
    Across from the Indiana Beach boardwalk and near private docks on Lake Shafer
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    8-Unit Single-Story Rental Property
    8-Unit Single-Story Rental Property

    4986 E INDIANA BEACH RD, Monticello, IN 47960

    Contact for pricing
    2,448 sqft

    Renovated studio accommodations include kitchenettes, updated bathrooms, and individual heating and cooling systems.

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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 7 Potential Opportunities for your consideration. Besides 3 Active listings in Monticello, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Historic Apartment Building
    Historic Apartment Building

    215 E 3Rd Street, Marion, IN 46952

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

    Historic apartment building with central air, featuring 11 two-bedrooms, 11 one-bedrooms, a studio, and an office space.

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    Historic Downtown Apartment Building
    Historic Downtown Apartment Building

    215 E 3rd St, Marion, IN 46952

    $2,500,000
    7,053 sqft

    Twenty-three residential units include furnished options, a studio, and a dedicated office space.

    View details
    Quadplex Property with Pool Suites
    Quadplex Property with Pool Suites

    2549 E 1100 N, Demotte, IN 46310

    $749,900
    5.01 AC lot

    Owner’s residence accompanies three separate suites with private pools, a jacuzzi, saunas, fireplaces, and supporting infrastructure.

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    Residential Income Property with Pool Suites
    Residential Income Property with Pool Suites

    2549 E 1100 N, Demotte, IN 46310

    Contact for pricing
    5.00 AC lot

    Property includes a large owner residence plus three block-built rental units with private pools and jacuzzis.

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    Monticello, IN Short Term Rental Properties Market Trends and Statistics

    Explore 3 short term rental properties for sale in Monticello, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,978 square feet of properties for sale, with an estimated market value of $649,000.

    Sale prices for short term rental properties in Monticello, IN average $649,000 — 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 8
    Short term rental properties 2
    Mobile home & RV parks 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 $649K

    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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    Featured Monticello Real Estate Agencies

    Realmo connects you with licensed Monticello CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Real Estate Network
    902 N. Sixth St. Monticello, IN 47960
    Phone: 15745838181
    homes-by-network.com

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