Prime Vacant Lot with Multi-Family Potential in Charming Small Town Seize the opportunity to own a versatile property in the heart of Monrovia! This lot is ideally situated for developers, investors, or visionaries looking to create something special. Zoned R4 for residential/multi-family, the property offers endless possibilities, including building duplexes or townhomes. Key Features: Centrally located in the heart of town, near local amenities, schools, and post office Flat terrain, ready for development Water, sewer and electric are available at the street Potential for strong rental demand in a growing community This rare opportunity combines small-town charm with big potential. Whether you're building for your portfolio or your dream home, this lot is the blank canvas you've been waiting for.
Sold
$52,500
90 S Chestnut St, Monrovia, IN 46157
--beds
--baths
9,583.2Square Feet
Unimproved Land, Residential Lots
Built in ----
9,583.2 Square Feet Lot
$-- Zestimate®
$--/sqft
$1,331 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 12:22pm
Listing Provided by:
Tammy Everett Tammy@EverettRealtyGroup.com,
Everett Realty Group, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22013452

Facts & features
Property
Lot
- Size: 9,583 sqft
- Features: Access, Not In Subdivision, Corner, Rectangle
- Topography: Cleared,Level
Details
- Parcel number: 550412310009000022
- Zoning: R3
- Zoning description: Single Family
- Special conditions: Not Arm's Length Sale
- Horse amenities: None
Utilities & green energy
- Sewer: Municipal Sewer Near
- Water: Municipal/City, Municipal Water Near By
Community & neighborhood
Location
- Region: Monrovia
- Subdivision: No Subdivision
Other
Other facts
- Road surface type: Asphalt