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Renovation-Ready Triplex
For Sale
$290,000

528 South Street, Noblesville, IN 46060

Residential Income, Noblesville, IN

Property SizeContact for details
Lot Size0.16 Acres
Days on Market99

Property Features for 528 South Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Subdivision Evans & Craigs
Elementary school district Noblesville Schools
Middle school district Noblesville Schools
High school district Noblesville Schools
Directions GPS Friendly
Standard status Active
APN 291001403023000013
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Acreage .00, Section 1, Township 18, Range 4, Evans & Craigs 2Nd, Lot 8, Block 9
Legal Description Acreage .00, Section 1, Township 18, Range 4, Evans & Craigs 2Nd, Lot 8, Block 9

Building Details

Year built 1900
Number of units 3
Listing Agency: Carpenter, REALTORS(R)
Listed By: Tyler Provence
Added: May 22 Changed: Aug 28 Last Checked: Aug 28 at 10:06PM
MLS# 22102910

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 triplex contains three residential units within a property built in 1900. The finished main-level residence has 2 bedrooms and 1 bathroom and is currently occupied. A second main-level unit provides 1 bedroom and 1 bathroom, with demolition underway and completion work remaining. The upper-level unit is configured with 2 bedrooms and 1 bathroom and also has begun demolition.

The property occupies 0.16 acres at 528 South Street in Noblesville, Indiana, near downtown amenities, dining, and services. Two units are vacant, allowing the next owner to complete the existing renovation work and establish additional rental income, while one unit is already producing income.

Key Highlights

  • Three‑unit triplex built in 1900
  • One finished, occupied 2‑bedroom, 1‑bathroom main‑level unit
  • Second main‑level unit offers 1 bedroom and 1 bathroom with demolition started

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Cafe & Coffee Shop Electrical Service Catering Service Florist

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

302
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

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 one completed occupied unit and two additional spaces requiring renovation.
Where is this triplex located?
The property is located at 528 South Street Noblesville, IN.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Three‑unit triplex built in 1900; One finished, occupied 2‑bedroom, 1‑bathroom main‑level unit; Second main‑level unit offers 1 bedroom and 1 bathroom with demolition started
More about this property
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