Triplex

Evansville, IN Triplexes for Sale

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Two-Story Triplex
Updated: Aug 10
Two-Story Triplex

500 E Franklin Street, Evansville, IN 47711

$135,000
2,538 sqft 0.11 AC lot
Three one‑bedroom units
2,538 square feet on a 0.11‑acre parcel
Utility service separated except water, sewer, and trash
Built in 1864
Central air conditioning
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Three-Unit Triplex
Updated: Aug 11
Three-Unit Triplex

500 E Franklin St, Evansville, IN 47710

$135,000
2,538 sqft
Three one‑bedroom units
2,538‑square‑foot triplex
Utility services separated except water, sewer, and trash
Located at 500 E Franklin St, Evansville, IN
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Three-Unit Residential Income Property
Three-Unit Residential Income Property

2923 Mt Vernon Avenue, Evansville, IN 47712

$139,000
2,095 sqft

Three units consist of a fully occupied 1BR/1BA duplex plus a renovated 2BR/1BA home behind it.

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See what stands out in Vanderburgh County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Fully Rented Triplex
Fully Rented Triplex

827 Jefferson, Evansville, IN 47713

Contact for pricing

Three-unit residential income property with updated electrical service and newer heating and cooling equipment.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Evansville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Story Triplex with Parking
Two-Story Triplex with Parking

900 E Cherry Street, Petersburg, IN 47567

$249,900
2,316 sqft 0.25 AC lot

Fully occupied three-unit property with appliances, updated kitchen cabinets, and off-street parking.

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3-Unit Single-Level Triplex
3-Unit Single-Level Triplex

124, 126, 128 Lincoln St, Oakland City, IN 47660

$367,000
2,604 sqft

Modern units feature granite kitchens, fenced patios, and private entrances without stairs.

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Income-Generating Triplex Rental
Income-Generating Triplex Rental

900 E Cherry St, Petersburg, IN 47567

$249,900
2,316 sqft

Fully occupied triplex with two 2-bedroom units and one 1-bedroom unit, plus off-street parking and in-unit appliances.

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New Construction Triplex
New Construction Triplex

124, 126, 128 Lincoln Street, Oakland City, IN 47660

$367,000
2,604 sqft 0.21 AC lot

Single-level units feature two bedrooms, one full bath, granite kitchen counters, and private fenced patios.

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Evansville, IN Triplexes Market Trends and Statistics

Explore 4 triplexes for sale in Evansville, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,171 square feet of properties for sale, with an estimated market value of $409,000.

Sale prices for three-family homes in Evansville, IN start at $135,000, averaging $136,333, and reaching up to $139,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 45
Quadplexes 12
Apartment buildings 10
Short term rental properties 4
Triplexes 4

Demographics Overview

Population 183K
Population Growth (5Y) +10.0%
Median Household Income $64,157
College Educated 10.1%

High-Yield Neighborhoods for Investment

Identify Evansville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47710 $135K
47711 $135K
47712 $139K

Taxes & Financing

Tax Rate (average for all types) 2.78%
Property Tax per SF $43.26 per SF
Tax Rate vs County Average 0.14 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Vanderburgh County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Evansville fall within the 100,000+ square foot range.

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