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Triplex with Separate-Entry Attic
For Sale
$375,000
Pending

2455 Shelby Street, Indianapolis, IN 46203

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.12 Acres
Days on Market63

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 #LB16001575
Added: Jul 1 Changed: Aug 28 Last Checked: Sep 1 at 3:06AM
MLS# 22111665

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.

Built in 1900, this triplex includes a three-bedroom, one-bath main residence with a large loft, plus two upper-level units configured as a studio and a one-bedroom apartment. A separate-entry attic and basement plumbing for an additional bath provide further existing features. Updated systems, individual mini-split units, forced-air heating, and a storage shed are also included. Furniture may be negotiated as part of the transaction.

The property occupies 0.12 acres at 2455 Shelby Street in Indianapolis, within ZIP Code 46203. Parking access is provided from the alley. The building combines a larger primary residence with two smaller units, offering a varied residential layout within one multifamily property.

Key Highlights

  • Triplex configuration with a 3 BR / 1 BA main residence and large loft
  • Two upper units: one studio and one 1‑BR apartment
  • Separate‑entry attic and basement plumbed for another bath

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

3
Residential units

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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential property with updated systems, ductless cooling, and alley parking access.
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: Triplex configuration with a 3 BR / 1 BA main residence and large loft; Two upper units: one studio and one 1‑BR apartment; Separate‑entry attic and basement plumbed for another bath
More about this property
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