285 S Chestnut St

For Sale

285 S Chestnut St, Monrovia, IN 46157

This Monrovia property for sale is located at 285 S Chestnut St. The general use of 285 S Chestnut St is multi-family and it incorporates 2,320 square feet of class C multi-family space. Contact the listing broker for details on the current sale price for 285 S Chestnut St. 285 S Chestnut St is situated on a lot that is 0.36 acre in size.

Contacts

Robert Coombes

Coombes Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 2,320 SF
  • Units 3
  • Lot Size 0.36 Acre
  • Building Class C
  • Year Built 1970
  • Date Updated Sep 23, 2026
Discover the potential of the Monrovia IN area. Located in a growing community this picturesque town offers a serene setting just a short drive from urban amenities. Enjoy the convenience of nearby dining options and just minutes away scenic parks and recreational areas.. With a nice downtown area and well-regarded schools, the area presents an appealing opportunity for an Apartment Building investor.A prime investment opportunity in Monrovia, IN. This property features a 2,320 SF building with three spacious units, offering a perfect opportunity for a multifamily investor seeking a low-rise garden-style property. With its favorable location in the Monrovia area, investors can capitalize on the growing demand for housing in this desirable neighborhood. Don't miss the chance to add this well-maintained property to your portfolio, offering a combination of classic architecture and promising rental income potential.
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Highlights

  • Additional Land for Future Expansion
  • Ample on-site parking for Tenants
  • Area Rapidly Growing with Industrial Business
  • Less than 30 minutes to Downtown Indianapolis
  • Near City Amenities and Notable Locations
  • Value-Add Opportunity for Investors

Attachments

Getting around

  • 39/100

    Walk Score ®

  • 32/100

    Bike Score ®

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Location

  • City Monrovia, IN
  • Neighborhood Monrovia
  • Zip Code 46157
  • Market Indianapolis

Points of Interest

  • Shell

    2.52 miles

  • Love's

    2.86 miles

  • Marathon

    5.84 miles

  • Mobil

    5.92 miles

  • Speedway

    5.96 miles

  • BP

    7.26 miles

  • Cloverdale Travel Plaza

    8.17 miles

  • Meijer

    8.88 miles

  • truck parking

    5.50 miles

  • WoodSpring Suites Indianapolis Plainfield

    8.53 miles

  • Wingate by Wyndham Indianapolis Airport Plainfield

    8.60 miles

  • Budget Inn

    8.81 miles

  • SpringHill Suites Indianapolis Airport/Plainfield

    8.85 miles

  • Super 8 Plainfield/Indianapolis Airport

    8.88 miles

  • Baymont Inn and Suites Plainfield/Indianapolis Airport

    8.88 miles

  • Holiday Inn Express Indianapolis Airport

    8.95 miles

  • Staybridge Suites Indianapolis-Airport

    9.00 miles

  • Best Western Plus Atrea Airport Inn & Suites

    9.02 miles

  • My Place Hotel- Indianapolis Airport/Plainfield, IN

    9.05 miles

  • Kroger

    5.86 miles

  • Meijer

    8.83 miles

  • Walmart Neighborhood Market

    9.22 miles

  • Walmart Supercenter

    9.30 miles

Contact Listing Broker
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