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    Indianapolis, IN Triplexes for Sale

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    Beech Grove, IN Speedway, IN Lawrence, IN
    Mixed-Use Property in Indianapolis
    $575,000
    8,750 SF

    Mixed-Use Property in Indianapolis

    2305 E Michigan Street, Indianapolis, IN 46201

    Mixed-use property with three units, offering income and growth potential.

    • Mixed‑use property offering both passive income and luxury living appeal.
    • Three units: two currently generating rental income, one vacant for immediate tenant placement or owner occupancy.
    • Like‑new condition with modern finishes and thoughtful layout.
    • Ideal for investors seeking immediate cash flow and long‑term growth.
    • Dedicated storage space provides additional value.
    Updated: Feb 18
    View details
    Indianapolis Triplex with Income Potential
    $399,900
    0.12 Acres

    Indianapolis Triplex with Income Potential

    2455 Shelby Street, Indianapolis, IN 46203

    Triplex in Garfield Park with income-generating units and value-add potential.

    • Income Potential: Two units generating $2,300/month from mid‑term rentals.
    • House Hacking Opportunity: Live in the main unit while rental income covers the mortgage.
    • Value‑Add Potential: Huge attic with separate entrance offers a 4th unit conversion opportunity.
    • Prime Location: Situated in the desirable Garfield Park area.
    • Turnkey Condition: Updated systems and negotiable furnishings for immediate occupancy.
    Updated: Nov 19, 2025
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    Renovated Triplex in Indianapolis
    $650,000
    0.08 Acres

    Renovated Triplex in Indianapolis

    Fully renovated triplex with income potential in Indianapolis, IN.

    738 Cottage Avenue, Indianapolis, IN 46203
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    Indianapolis Triplex with Billboard
    $198,500
    0.11 Acres

    Indianapolis Triplex with Billboard

    Triplex with billboard, suitable for commercial or residential use.

    2937 W 10th Street, Indianapolis, IN 46222
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    Furnished Triplex in Indianapolis, IN
    $433,333
    0.04 Acres

    Furnished Triplex in Indianapolis, IN

    Furnished triplex with cinema room, porch, and private deck.

    1743 S Meridian Street, Indianapolis, IN 46225
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Indianapolis, 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.

    Bloomington Triplex Near Indiana University
    $549,900
    3,229 SF

    Bloomington Triplex Near Indiana University

    Triplex near Indiana University with strong rental and game-day appeal.

    315 W 17th Street, Bloomington, IN 47404
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    Triplex with Renovated Units
    $395,000
    2,664 SF

    Triplex with Renovated Units

    Three single-family homes on one lot in Bloomington, Indiana.

    311-321 S Muller Parkway, Bloomington, IN 47403
    View details
    Income Property with Detached ADU
    $275,000
    0.04 Acres

    Income Property with Detached ADU

    Triplex with immediate cash flow and value-add potential.

    1413 Walnut Street, Anderson, IN 46016
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    Charming Triplex with Income Potential
    $279,000
    0.12 Acres

    Charming Triplex with Income Potential

    Converted triplex with three units, ideal for investors.

    1015 Delaware Street, Anderson, IN 46016
    View details

    Indianapolis, IN Triplexes Investment Opportunities Market Analysis

    Explore 5 triplexes for sale in Indianapolis, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 8,750 square feet of properties for sale, with an estimated market value of $575,000.

    Sale prices for three-family homes in Indianapolis, IN start at $575,000, averaging $575,000, and reaching up to $575,000 — 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

    Duplexes 100
    Apartment buildings 18
    Quadplexes 12
    Short term rental properties 11
    Triplexes 5

    Property Size Breakdown

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

    Demographics Overview

    Population 979K
    Population Growth (5Y) +2.8%
    Median Household Income $67,417
    College Educated 30.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46222 $198.5K
    46225 $433.3K
    46203 $525K
    46201 $575K

    Taxes & Financing

    Tax Rate (average for all types) 2.46%
    Property Tax per SF $41.61 per sq ft
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Indianapolis, IN

    • 46203
    • 46201
    • 46222
    • 46225

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