Short Term Rental

Monticello, IN Short Term Rental Properties for Sale

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6 properties
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

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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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Short-Term Rental Cottage Portfolio
Short-Term Rental Cottage Portfolio

4957 E INDIANA BEACH RD, Monticello, IN 47960

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4,000 sqft

Ten detached vacation cottages offer weekly rental operations near Lake Shafer and Indiana Beach attractions.

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Five-Cottage Short-Term Rental Portfolio
Five-Cottage Short-Term Rental Portfolio

4990 E INDIANA BEACH RD 1-5, Monticello, IN 47960

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2,000 sqft

Five detached studio units near Lake Shafer and the Indiana Beach boardwalk, with updated interiors and individual climate control.

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8-Unit Single-Story Rental Property
8-Unit Single-Story Rental Property

4986 E INDIANA BEACH RD, Monticello, IN 47960

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2,448 sqft

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

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Five-Cottage Short-Term Rental Portfolio
Five-Cottage Short-Term Rental Portfolio

5017 E INDIANA BEACH RD, Monticello, IN 47960

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2,000 sqft

Detached studio cottages feature kitchenettes, updated bathrooms, and individual heating and cooling.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 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.

Two-Unit Duplex
Two-Unit Duplex

115 E Smith Street, Oxford, IN 47971

$175,000
1,978 sqft 0.02 AC lot

Two separate apartments each include a full kitchen, bedroom, living room, and bathroom.

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Quadplex Property with Pool Suites
Quadplex Property with Pool Suites

2549 E 1100 N, Demotte, IN 46310

$899,900
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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Two-Unit Duplex
Two-Unit Duplex

115 E Smith St, Oxford, IN 47971

$175,000
1,978 sqft

Separate upper- and lower-level residences each include a full kitchen, bedroom, living room, and bath.

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

2549 E 1100 N, Demotte, IN 46310

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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 6 short term rental properties for sale in Monticello, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 18,978 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

Short term rental properties 7
Apartment buildings 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%

Listings Trend

New vs delisted commercial listings in White County

New Delisted

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