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Historic Triplex with Loft and Attic Access
For Sale
$375,000
Pending

2455 Shelby Street, Indianapolis, IN 46203

MULTI_FAMILY - Other - Indianapolis, IN

Property SizeContact for details
Lot Size0.12 Acres
Days on Market50

Property Features for 2455 Shelby Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement
Parking features Alley
Exterior features Storage Shed
Basement Interior Entry
Subdivision Spann & Halloway Shelby
Lot features Access, Busline, Sidewalks, Storm Sewer
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Pending
APN 491019139010000101
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Spann & Holloways Shelby St Add L6
Legal Description Spann & Holloways Shelby St Add L6

Utilities

Heating system Natural Gas, Forced Air
Cooling system Ductless

Building Details

Year built 1900
Floors in Building 2
Number of units 3
Building materials Vinyl With Brick, Brick
Architectural style Other
Additional Structures Storage
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Gloria Gear · License #RB16001575
Added: Jul 1 Changed: Aug 1 Last Checked: Aug 19 at 8:06PM
MLS# 22111665

Copyright © 2026 MIBOR Service Corporation. 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 historic triplex on Shelby Street includes a main unit featuring three bedrooms, one bathroom, and a large loft. The property also offers additional upper-unit living space described as a studio and a 1-bedroom. A massive attic with a separate entrance provides a value-add layout feature, and the basement is described as plumbed for another bath.

The home is built with brick and vinyl with brick exterior materials. Heating is provided via natural gas forced air, with ductless cooling systems, including separate mini-splits. Parking is accessed via an alley, and there is a storage shed on site.

The property is presented as turnkey, including updated systems and negotiable furniture. It is also described as suitable for mid-term rentals and other flexible lodging scenarios.

Key Highlights

  • Built in 1900 historic triplex with alley‑access parking
  • Main unit includes 3 bedrooms, 1 bathroom, and a large loft
  • Massive attic with separate entrance for potential additional unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Hair Salon Spa & Massage Center Accounting Firm

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

365
Businesses Nearby

Demographics for 46203, IN

38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
Median Home Value

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 - Historic triplex built in 1900 with ductless cooling, a large loft, and attic access via separate entrance.
Where is this triplex located?
The property is located at 2455 Shelby Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Built in 1900 historic triplex with alley‑access parking; Main unit includes 3 bedrooms, 1 bathroom, and a large loft; Massive attic with separate entrance for potential additional unit
More about this property
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