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, and vinyl floors. 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.
Active
$167,900
607 W Monroe St, Decatur, IN 46733
5beds
3,151sqft
Est.:
Triplex
Built in 1900
-- sqft lot
$165,400 Zestimate®
$--/sqft
$-- HOA
What's special
Front enclosed porchLarge great roomHardwood floorsCarpeted and vinyl floors
- 10 days |
- 1,137 |
- 30 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: February 17, 2026 at 07:12am
Listed by:
Ryan Blythe Cell:260-494-9490,
North Eastern Group Realty,
Bob Blythe,
North Eastern Group Realty
Source: IRMLS,MLS#: 202604400
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, Wood, Vinyl
- 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
$165,400
$157,000 - $174,000
$1,086/mo
Price history
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 | ||
| 5/4/2022 | Listed for rent | $850+88.9% |
Source: Zillow Rental Network Premium Report a problem | ||
| 2/18/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 1/26/2022 | Listed for rent | $450-20.9% |
Source: Zillow Rental Network Premium Report a problem | ||
| 11/9/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 9/17/2021 | Listed for rent | $569 |
Source: Zillow Rental Network Premium Report a problem | ||
| 7/18/2020 | Listing removed | $569 |
Source: Biggs Property Management Report a problem | ||
| 6/25/2020 | Listed for rent | $569 |
Source: Biggs Property Management Report a problem | ||
| 11/4/2019 | Sold | $123,222-11.9% |
Source: IRMLS #201931765 Report a problem | ||
| 9/16/2019 | Price change | $139,900-6.7%$44/sqft |
Source: Prestige Realty & Associates LLC #201931765 Report a problem | ||
| 7/25/2019 | Listed for sale | $149,900$48/sqft |
Source: Prestige Realty & Associates LLC #201931765 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,056 -28.3% | $166,400 +8.9% |
| 2023 | $4,265 +60.8% | $152,800 +8.9% |
| 2022 | $2,652 +5.6% | $140,300 +5.8% |
| 2021 | $2,512 +1.6% | $132,600 +5.6% |
| 2020 | $2,472 +4.5% | $125,600 +1.6% |
| 2019 | $2,366 +1.1% | $123,600 +4.5% |
| 2018 | $2,340 +1.7% | $118,300 +1.1% |
| 2017 | $2,300 | $117,000 +1.7% |
| 2016 | $2,300 +3.3% | $115,000 +3.3% |
| 2014 | $2,226 +3.5% | $111,300 +3.5% |
| 2013 | $2,150 +3.7% | $107,500 +3.7% |
| 2012 | $2,074 -15% | $103,700 -15% |
| 2011 | $2,440 +2.4% | $122,000 +2.4% |
| 2010 | $2,382 +2.5% | $119,100 +2.5% |
| 2009 | $2,324 -26% | $116,200 -1.6% |
| 2007 | $3,142 | $118,100 -0.8% |
| 2006 | -- | $119,100 +25.2% |
| 2005 | -- | $95,100 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$900/mo
Principal & interest
$795
Property taxes
$105
Climate risks
Neighborhood: 46733
Nearby schools
GreatSchools rating
- 8/10Bellmont Middle SchoolGrades: 6-8Distance: 1 mi
- 7/10Bellmont Senior High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Bellmont
- Middle: Bellmont
- High: Bellmont
- District: North Adams Community
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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