Triplex

Monrovia, IN Triplexes for Sale

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Three-Unit Multifamily Building
Updated: Jul 23
Three-Unit Multifamily Building

285 S Chestnut St, Monrovia, IN 46157

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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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Monrovia, 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.

Three-Unit Residential Income Building
Three-Unit Residential Income Building

109 W Liberty Street, Greencastle, IN 46135

$119,900
0.19 AC lot

Three-unit building with two one-bedroom units currently rented and a two-bedroom unit recently vacated.

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Five-Unit Multifamily Building
Five-Unit Multifamily Building

2937 W 10th Street, Indianapolis, IN 46222

$189,900
0.11 AC lot

Five-unit income building with studio and larger units, private kitchens, and full baths in each space.

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Furnished Triplex Residence with Deck
Furnished Triplex Residence with Deck

1743 S Meridian Street, Indianapolis, IN 46225

$399,900
0.04 AC lot

Furnished triplex with a kitchen island, cinema room, and fenced yard featuring a porch and private deck.

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Mixed-Use Building with Blacksmith Shop
Mixed-Use Building with Blacksmith Shop

109 W Walnut St, Greencastle, IN 46135

$145,000

Brick house and rear shop building offer road visibility and distinct spaces for renovation, office or retail concepts.

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Monrovia, IN Triplexes Market Trends and Statistics

Explore 1 triplexes 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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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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