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3-Unit Triplex with Decks
New
For Sale
$249,500

42 Indiana St, Bristol, VA 24201

Each residence includes a fireplace, built-in features, vaulted ceilings, and a private outdoor deck.

Property Size2,200 SF
Price / SF$113.41
Days on Market7

Property Features for 42 Indiana St

General Information

Standard status Active
Size 2,200 SF
Property subtype Multi-Family

Building Details

Year Built 1982
Listing Agency: Preferred Properties Of East Tennessee
Listed By: The Freck Group, Shad Freck, Stephanie M
Source: Livinginjohnsoncity
Added: Oct 1 Changed: Oct 6 Last Checked: Oct 5 at 6:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Preferred Properties Of East Tennessee

Investment Insights

Based on property information with market context.

Built in 1982, this triplex contains three one-bedroom residences totaling 2,200 square feet. Two units measure 750 square feet each and have 1.5 bathrooms; the third offers 700 square feet and one bathroom. Each residence has a fireplace with built-ins, vaulted ceilings, updated flooring, and deck space. Appliances convey, including stackable washer-dryer units.

The property sits at the end of a street in an established neighborhood with mature trees. On-site parking is available. The three residences have a history of rental use.

Key Highlights

  • Three one‑bedroom units totaling 2,200 square feet
  • Two 750‑square‑foot units, each with 1.5 bathrooms
  • One 700‑square‑foot unit with 1 bathroom

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Dental Office HVAC Service Building Supply Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

153
Businesses Nearby

Demographics for 24201, VA

16,267
Population
8,138
Households
2
Avg Household Size
43
Median Age
24%
College-Educated
89%
High-School Grad
10.1 sq mi
ZIP Area
1,611
Density / Sq Mi
$43,591
Median Household Income
$38,820
Median Earnings
$763
Median Rent
$160,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Each residence includes a fireplace, built-in features, vaulted ceilings, and a private outdoor deck.
Where is this triplex located?
The property is located at 42 Indiana St Bristol, VA.
What is the asking price?
The asking price for this property is $249,500.
What are key features of this property?
This property features: Three one‑bedroom units totaling 2,200 square feet; Two 750‑square‑foot units, each with 1.5 bathrooms; One 700‑square‑foot unit with 1 bathroom
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