Triplex

Franklin, IN Triplexes for Sale

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Two-Story Triplex with Porch
Updated: Aug 26
Two-Story Triplex with Porch

298 Johnson Avenue, Franklin, IN 46131

$280,000
0.09 AC lot
Triplex with two one‑bedroom, one‑bath units and one studio
Built in 1935 with a two‑story configuration
3,964‑square‑foot lot measuring 0.09 acres
Units are separately metered
Current leases expire February 28, 2027
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Franklin, 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.

Fully Occupied Triplex
Fully Occupied Triplex

2608 E Southport Rd, Indianapolis, IN 46227

$300,000
12,197 sqft

Three leased residences include original woodwork, dedicated mechanical systems, and a garage with tandem parking.

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Three-Unit Triplex on Main Road
Three-Unit Triplex on Main Road

589 E Main St, Whiteland, IN 46184

$250,000
10,934 sqft

Each residence includes one bedroom, one bathroom, a living room, and a kitchen.

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3-Unit Residential Triplex
3-Unit Residential Triplex

589 E Main Street, Whiteland, IN 46184

$250,000
0.25 AC lot

Three separate apartments offer individual living and kitchen areas, with gravel parking and a main-road setting near commercial businesses.

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Triplex with Separate-Entry Attic
Triplex with Separate-Entry Attic

2455 Shelby Street, Indianapolis, IN 46203

$375,000
0.12 AC lot

Three-unit residential property with updated systems, ductless cooling, and alley parking access.

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Franklin, IN Triplexes Market Trends and Statistics

Explore 1 triplexes for sale in Franklin, IN on our real estate platform.

Sale prices for three-family homes in Franklin, IN average $280,000 — 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 2
Quadplexes 2
Triplexes 1

Demographics Overview

Population 36K
Population Growth (5Y) +9.7%
Median Household Income $81,914
College Educated 34.2%

Taxes & Financing

Tax Rate (average for all types) 2.14%
Property Tax per SF $54.44 per SF
Tax Rate vs County Average 0.32 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Johnson County

New Delisted

Property Size Breakdown

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

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