607 W Monroe St

Decatur, IN 46733

$167,900
Price
5
Beds
3,151 Sq. Ft.
$53 / Sq. Ft.
3,151
Sq. Ft.
$53
per Sq. Ft.

Description

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...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.
  1. Listed by Ryan Blythe • North Eastern Group Realty • Cell: 260-494-9490
  2. Listed by Bob Blythe • North Eastern Group Realty

Property Details for 607 West Monroe Street

Style
Two Story
Subdivision
None
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 02/12/2026 06:32 PM

Property Details for 607 West Monroe Street

StatusActive
MLS #202604400
Days on Market2
Taxes$3,328 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Triplex
Year Built1900
Lot Size0.19 AC / 8,276 SF
CountyAdams County

Location

Listing Courtesy of North Eastern Group Realty
Add your commute

Building Information for 607 West Monroe Street

Stories2Residences3Year Built1900Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$1,096 per month

30 year fixed, 6.15% Interest

Principal and Interest

$818

Property Taxes

$277

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 607 West Monroe Street

Summary
Location and General Information
  • Area: Adams County
  • City: Decatur
  • Zip Code: 46733
  • State: IN
  • Township: Washington
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Fips Code: 18001
  • Directions To Property: Turn east on Monroe Street off of 27. Property on right.
Taxes and HOA
  • Assessed Value $: $178,500.00
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2025/2026
  • Parcel Number Id: 01-05-03-113-082.000-022
School Information
  • School District: North Adams Community
  • Elementary: Bellmont
  • Middle School: Bellmont
  • High School: Bellmont
Parking
  • Number Of Parking Spaces: 5
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Triplex
  • Approx Lot Size Acres: 0.19
  • Lot Dimensions: 66x123
  • Below Grade Unfin Sqft: 1230.0
  • Total Square Feet: 4381.0
  • Approx Lot Size Sqft: 8276.0
  • Above Grade Finished Sqft: 3151.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 1230.0
  • Total Finished Sqft: 3151.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 126
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Fenced Yard, Off Street Parking
  • Exterior: Brick, Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Electric Meters: 3
  • Number of Gas Meters: 1
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 2
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 3
  • Number of Refrigerators: 3
  • Number of W/D Hookups: 2
  • Number of Washers: 2
  • Number Water Meters: 1
  • Basement: Yes
  • Basement/Foundation: Crawl, Slab
  • Cooling: None
  • Flooring: Carpet, Vinyl, Wood
  • Heating/Fuel: Gas, Hot Water
  • Stories: 2
  • Number of Above Grade Bedrooms: 5
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 5
  • Total Number of Full Baths: 3
  • Total Number of Half Baths: 0
  • Total Baths: 3
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 1
  • Num Of 2 Bedrooms: 2
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 3
  • Number of Units: 3
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $629.00
  • Annual Gross Rent $: $27,900
  • Annual Insurance Expense: $1,679
  • Annual Maint. Expense: $9,980
  • Annual Misc: $0
  • Annual Net Income: $10,364
  • Annual Property Tax: $3,328
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $1,920
  • Gross Monthly Income: $2,325
  • Gross Monthly Rent: $2,325
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Num of Rooms: 5
  • Unit 1-Basement: Yes
  • Unit 1-Currently Rented: Yes
  • Unit 1-Deposit Amount: $925.00
  • Unit 1-Electric: Tenant
  • Unit 1-Garage Type: Attached
  • Unit 1-Garage: Yes
  • Unit 1-Garage/Num of Cars: 2
  • Unit 1-Gas: Owner
  • Unit 1-Laundry Room: Basement
  • Unit 1-Lease Exp Date: 10-31-2026
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 1
  • Unit 1-Unit Rent $: $925
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 1
  • Unit 2-Num of Rooms: 3
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Deposit Amount: $500.00
  • Unit 2-Electric: Tenant
  • Unit 2-Garage Type: None
  • Unit 2-Garage: No
  • Unit 2-Gas: Owner
  • Unit 2-Laundry Room: Kitchen
  • Unit 2-Lease Exp Date: 11-30-2026
  • Unit 2-Level: Main
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 2
  • Unit 2-Unit Rent $: $550
Unit 3
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 2
  • Unit 3-Num of Rooms: 4
  • Unit 3-Basement: No
  • Unit 3-Currently Rented: Yes
  • Unit 3-Deposit Amount: $850.00
  • Unit 3-Electric: Tenant
  • Unit 3-Garage Type: None
  • Unit 3-Garage: No
  • Unit 3-Gas: Owner
  • Unit 3-Laundry Room: None
  • Unit 3-Lease Exp. Date: 10-31-2026
  • Unit 3-Level: Upper
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: 3
  • Unit 3-Unit Rent $: $850
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Fuel, Sewer, Trash Collection, Water
  • Tenant Pays: Electric

Property History for 607 West Monroe Street

DateEvent & SourcePriceAppreciation
Feb 10, 2026

Listed (Active)

Indiana Regional MLS #202604400

$167,900—
Apr 30, 2024

Withdrawn

Indiana Regional MLS #202411684

—
Apr 9, 2024

Listed (Active)

Indiana Regional MLS #202411684

$164,900—
Nov 4, 2019

Sold

Indiana Regional MLS #201931765

$123,222—
Oct 5, 2019

Pending

Indiana Regional MLS #201931765

—
Jul 24, 2019

Listed (Active)

Indiana Regional MLS #201931765

$139,900—
DateEvent & SourcePrice
02/10/2026

Listed (Active)

Indiana Regional MLS #202604400

$167,900
04/30/2024

Withdrawn

Indiana Regional MLS #202411684

—
04/09/2024

Listed (Active)

Indiana Regional MLS #202411684

$164,900
11/04/2019

Sold

Indiana Regional MLS #201931765

$123,222
10/05/2019

Pending

Indiana Regional MLS #201931765

—
07/24/2019

Listed (Active)

Indiana Regional MLS #201931765

$139,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 607 West Monroe Street

Taxable ValueLand$16,300Additions$162,200Total$178,500
Tax Record2024$3,328 ($277 / month)
Home Facts
Baths3Total Finished SqFt3,151 SqFtAbove Grade Finished SqFt3,151 SqFtStories2Lot Size8,184 SqFtStyleDuplexYear Built1900CountyADAMSAPN01-05-03-113-082.000-022

Schools near 607 West Monroe Street

This home is within North Adams Community Schools.
Rating
School
Type
Grades
Distance
Bellmont Middle School
Public - 6 to 8
Bellmont Senior High School
Public - 9 to 12
Zion Lutheran School
Private - PK to 8
St Joseph School
Private - PK to 8
Rating
School
Distance
Bellmont Middle School
Public6 to 8

Bellmont Senior High School
Public9 to 12

Zion Lutheran School
PrivatePK to 8

St Joseph School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 607 West Monroe Street, Decatur, IN 46733

607 West Monroe Street is a multi-family home for sale in Decatur, IN 46733. This property was listed for sale on February 10, 2026 by North Eastern Group Realty, it's currently listed at $167,900. It has been on the market for a total of 2 days and was last sold on November 4, 2019. This listing's school district is North Adams Community Schools. Nearby schools include Bellmont Middle School, Bellmont Senior High School and Zion Lutheran School. 607 West Monroe Street is a 5-bed, 3-bath, 3,151 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of North Eastern Group Realty

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.