Income Producing Tri-Plex located in a very walkable location to downtown Morgantown. Both apartments on the main level are 1 bed/1 bath. The upstairs apartment features 2 beds/1 bath. Gross monthly income of $2,310. Lease terms available upon request. Property includes basement ready for your inspection. All three apartments have private entrances and onsite parking. Washer, Dryer, Oven/Range, and Refrigerators in each apartment are included. Don't miss your chance to acquire this asset!
The median home value in Morgantown, IN is $288,500. This is higher than the county median home value of $245,300. The national median home value is $338,100. The average price of homes sold in Morgantown, IN is $288,500. Approximately 62.77% of Morgantown homes are owned, compared to 32.98% rented, while 4.26% are vacant. Morgantown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Morgantown real estate agent to arrange a tour today!
Morgantown, Indiana 46160 has a population of 1,427. Morgantown 46160 is less family-centric than the surrounding county with 26.65% of the households containing married families with children. The county average for households married with children is 29.67%.
The median household income in Morgantown, Indiana 46160 is $39,286. The median household income for the surrounding county is $71,882 compared to the national median of $69,021. The median age of people living in Morgantown 46160 is 34.9 years.
The average high temperature in July is 84.5 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 46.1 inches per year, with 17.5 inches of snow per year.