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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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    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 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 Triplex on Main Road
    Three-Unit Triplex on Main Road

    589 E Main St, Whiteland, IN 46184

    $250,000
    10,934 sqft

    Each residence includes one bedroom, one bathroom, a living room, and a kitchen.

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    3-Unit Residential Triplex
    3-Unit Residential Triplex

    589 E Main Street, Whiteland, IN 46184

    $250,000
    0.25 AC lot

    Three separate apartments offer individual living and kitchen areas, with gravel parking and a main-road setting near commercial businesses.

    View details
    Three-Unit Property with Detached Unit
    Three-Unit Property with Detached Unit

    8724 Shelby St, Indianapolis, IN 46227

    $285,000
    1,922 sqft 1.42 AC lot

    Three-unit layout includes a separate rear entrance and an additional detached living quarter.

    View details
    Three-Unit Property with Pond
    Three-Unit Property with Pond

    8724 Shelby Street, Indianapolis, IN 46227

    $285,000
    1.42 AC lot

    Triplex configuration includes a primary residence and two separately accessed living quarters on a fenced parcel.

    View details

    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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 1

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Morgan County

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