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Triplex with Separate Utilities
New
For Sale
$335,000

155 N 11th Street, Noblesville, IN 46060

Residential Income, Noblesville, IN

Property SizeContact for details
Lot Size0.09 Acres
Days on Market2

Property Features for 155 N 11th Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 4, Basement, Bathroom 3, Bedroom 3
Parking features Alley
Subdivision A D Davidson
Lot features Access
Elementary school North Elementary School
High school Noblesville High School
Elementary school district Noblesville Schools
Middle school district Noblesville Schools
High school district Noblesville Schools
Directions GPS Friendly
Standard status Active
APN 290731172009000013
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Acreage .00, Section 31, Township 19, Range 5, A D Davidson, Lot Pt 5
Tax Annual Amount 4916
Legal Description Acreage .00, Section 31, Township 19, Range 5, A D Davidson, Lot Pt 5

Utilities

Heating system Forced Air
Cooling system Window Unit(s)

Building Details

Year built 1920
Floors in Building 2
Number of units 3
Building materials Vinyl Siding
Roof type Asphalt
Architectural style Other
Listing Agency: Encore Sotheby's International · Sotheby's International Realty
Listed By: Robbin Edwards · License #RB14051259
Added: Sep 17 Last Checked: Sep 18 at 5:06PM
MLS# 22125906

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1920 triplex contains three separately metered residential units on a 0.09-acre parcel. The upper apartment offers 2 bedrooms, 1.5 baths, a spacious living room, and dedicated laundry. The lower 2-bedroom apartment includes 1 bath, an eat-in kitchen, and private bedrooms. A third apartment provides 1 bedroom and 1 bath and is occupied under a month-to-month lease.

Electricity and gas are separately metered for each unit. The property has vinyl siding, forced-air heating, window-unit cooling, an asphalt roof, and alley parking. Its downtown Noblesville setting places the property near shopping, dining, and other amenities.

Key Highlights

  • Three‑unit property on a 0.09‑acre parcel
  • Upper unit: 2 bedrooms, 1.5 baths, living room, and dedicated laundry
  • Lower unit: 2 bedrooms, 1 bath, eat‑in kitchen, and private bedrooms

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Locksmith Catering Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,056
Businesses Nearby

Demographics for 46060, IN

45,073
Population
18,887
Households
2.4
Avg Household Size
35
Median Age
46%
College-Educated
95%
High-School Grad
80.6 sq mi
ZIP Area
559
Density / Sq Mi
$91,141
Median Household Income
$50,557
Median Earnings
$1,215
Median Rent
$292,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Two apartments are vacant, while the third is occupied by a month-to-month tenant.
Where is this triplex located?
The property is located at 155 N 11th Street Noblesville, IN.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Three‑unit property on a 0.09‑acre parcel; Upper unit: 2 bedrooms, 1.5 baths, living room, and dedicated laundry; Lower unit: 2 bedrooms, 1 bath, eat‑in kitchen, and private bedrooms
More about this property
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