Triplex

Madison, IN Triplexes for Sale

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Three-Unit Property with Garage
Updated: May 16, 2023
Three-Unit Property with Garage

946 Saddle Tree Lane, Madison, IN 47250

$199,900
1,800 sqft
Three‑unit layout with two one‑bedroom apartments and one efficiency unit
1,800 SF triplex built in 1971
23x26 two‑car garage with additional storage capacity
Apartments are metered separately for electric service
Shared utility area with coin‑operated washer and dryer
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Historic Downtown Triplex
Updated: Apr 11
Historic Downtown Triplex

418 Walnut Street, Madison, IN 47250

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Triplex in Historic Downtown Madison with 3 rental units at 100% occupancy
Includes one 2BR/1BA unit
Includes two 1BR/1BA units
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Madison, 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.

Victorian Triplex With Carriage House
Victorian Triplex With Carriage House

104 S Birchwood Ave, Louisville, KY 40206

$850,000
5,590 sqft 0.36 AC lot

Fully occupied property with three distinct residences, refreshed kitchens and baths, and a wraparound porch.

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Value-Add Triplex Investment
Value-Add Triplex Investment

2332 SYCAMORE AVE, Louisville, KY 40206

Contact for pricing
2,520 sqft

A three-unit rental property configured for income-focused ownership near Frankfort Avenue’s retail corridor.

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Triplex Apartment Building
Triplex Apartment Building

640 Mechanic Street, Jeffersonville, IN 47130

$325,000
3,214 sqft

Three apartments offer distinct layouts with kitchens, baths, laundry areas, and shared outdoor space.

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Downtown Office & Apartment Building
Downtown Office & Apartment Building

301 E Utica Street, Sellersburg, IN 47172

Contact for pricing
2,772 sqft

Renovated office and apartment building in Sellersburg's Downtown District.

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Madison, IN Triplexes Market Trends and Statistics

Explore 2 triplexes for sale in Madison, IN on our real estate platform. These investment opportunities span a total of 1,800 square feet of properties for sale, with an estimated market value of $199,900.

Sale prices for three-family homes in Madison, IN average $199,900 — 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

Apartment buildings 2
Duplexes 2
Triplexes 2
Mobile home & RV parks 1

Demographics Overview

Population 23K
Population Growth (5Y) +4.7%
Median Household Income $56,667
College Educated 25.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
47250 $199.9K

Taxes & Financing

Tax Rate (average for all types) 2.59%
Property Tax per SF $39.41 per SF
Average Loan-to-Value 65.0%

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