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Triplex Under Rehabilitation
For Sale
$105,000

720 S Noble St, Shelbyville, IN 46176

Partially demolished property with substantial renovation work already completed, including roofing, HVAC, and window improvements.

Property SizeContact for details
Days on Market269

Property Features for 720 S Noble St

General Information

Standard status Active
Property subtype Residential Income
Listing Agency: 1 Percent Lists Indiana Real Estate
Listed By: Andrew Flora · License #RB24000989
Source: Exprealty
Added: Dec 5, 2025 Changed: Aug 30 Last Checked: Aug 30 at 8:39PM

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 1 Percent Lists Indiana Real Estate

Investment Insights

Based on property information with market context.

This triplex is in the midst of rehabilitation, with most demolition work completed. Several significant repairs have also been addressed, including installation of a newer roof, a newer HVAC system, and many new windows. The property is located at 720 S Noble St in Shelbyville, Indiana.

The existing configuration supports continued redevelopment as a triplex, while the property information also identifies potential layouts as a duplex or larger single-family residence. The remaining work provides an opportunity to complete the renovation according to the selected floor plan and intended use.

Key Highlights

  • Triplex property at 720 S Noble St, Shelbyville, IN
  • Currently in the demo phase of rehabilitation
  • Most demolition work has been completed

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Carpet & Flooring Store Bakery Electrical Service

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

809
Businesses Nearby

Demographics for 46176, IN

28,401
Population
12,724
Households
2.2
Avg Household Size
40
Median Age
19%
College-Educated
90%
High-School Grad
169.5 sq mi
ZIP Area
168
Density / Sq Mi
$66,045
Median Household Income
$40,330
Median Earnings
$962
Median Rent
$172,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Partially demolished property with substantial renovation work already completed, including roofing, HVAC, and window improvements.
Where is this triplex located?
The property is located at 720 S Noble St Shelbyville, IN.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: Triplex property at 720 S Noble St, Shelbyville, IN; Currently in the demo phase of rehabilitation; Most demolition work has been completed
More about this property
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