Active

$167,900

607 W Monroe St, Decatur, IN 46733

5beds

3,151sqft

Est.:

Triplex

Built in 1900

-- sqft lot

$190,400 Zestimate^®

$--/sqft

$-- HOA

What's special

Front enclosed porchLarge great roomHardwood floorsCarpet hardwood vinyl floorsCarpeted and vinyl floors

Cash flowing investment opportunity. This well maintained triplex has 3 units currently rented. Unit 1 on main floor has 2 bedrooms with a large great room, 2- car garage access, and a front enclosed porch. It features hardwood floors, 2-car attached garage access, and laundry access in the basement. Unit 2 is on the main floor with 1 bedroom, carpeted and vinyl floors and laundry access. Unit 3 is upstairs with 2 bedrooms, carpet, hardwood, vinyl floors, and laundry access. Owner currently pays for gas, water, sewer, and trash collection, while tenants pay for electricity. Each unit has it's own electric meter and two water heaters supply all three units. There is plenty of off street parking and a fenced in back yard.

3 days

766

22

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Natural Gas, Hot Water

Cooling

None

Features

Flooring: Carpet, Vinyl, Wood
Basement: Crawl Space

Interior area

Total structure area: 4,381
Total interior livable area: 3,151 sqft
Finished area above ground: 3,151
Finished area below ground: 0

Property

Parking

Total spaces: 5
Parking features: Attached, Off Street Parking
Attached garage spaces: 2

Features

Levels: Two
Stories: 2
Fencing: Fenced

Lot

Size: 8,276.4 Square Feet
Dimensions: 66x123
Features: Level

Details

Additional structures: None
Parcel number: 010503113082.000022

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Brick, Vinyl Siding
Foundation: Slab, Basement

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: City
Water: City

Community & HOA

Community

Subdivision: None

Location

Region: Decatur

Financial & listing details

Tax assessed value: $178,500
Annual tax amount: $3,328
Date on market: 2/12/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Inclusions: Building
Lease term: 12 Months
Total actual rent: 27900
Tenant pays: Electricity

Estimated market value

$190,400

$171,000 - $213,000

$1,057/mo

Price history

Date	Event	Price
2/12/2026	Listed for sale	$167,900+1.8%
Source: IRMLS #202604400 Report a problem
4/30/2024	Listing removed	$164,900
Source: IRMLS #202411684 Report a problem
4/9/2024	Listed for sale	$164,900+33.8%
Source: IRMLS #202411684 Report a problem
11/1/2022	Listed for rent	$569-33.1%
Source: Zillow Rental Network Premium Report a problem
8/22/2022	Listing removed	--
Source: Zillow Rental Network Premium Report a problem