Triplex

New Albany, IN Triplexes for Sale

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Downtown Triplex Investment
Updated: Sep 21, 2025
Downtown Triplex Investment

916 E Market Street, New Albany, IN 47150

$179,900
2,418 sqft
Three‑unit triplex built in 1929 with central air and heating listed as “3”
Capital improvements include a new roof in 2021 and fresh exterior paint in 2021
Unit 1 was fully renovated in 2021; Unit 1 will vacate at closing (family member)
Units 2 and 3 have stable, long‑term tenants; Unit 2 rent is $600 and Unit 3 rent is $620
Each unit pays its own utilities
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in New Albany, 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.

Mixed-Use Corner Building with Office
Mixed-Use Corner Building with Office

231 N 19th St, Louisville, KY 40203

$475,000
5,470 sqft 0.30 AC lot

Historic mixed-use corner property with three residential units, office space, and two adjacent vacant lots.

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Three-Unit Apartment with Garage
Three-Unit Apartment with Garage

623 12th St, Tell City, IN 47586

$128,900
2,262 sqft 0.13 AC lot

Three-unit apartment building with studio, one bed, and two bed units plus a 30x30 garage.

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Three-Unit Income Property with Garage
Three-Unit Income Property with Garage

623 12th St, Tell City, IN 47586

$138,900
2,262 sqft

Three-unit residential setup includes a 30x30 garage, with a studio, 1 bed/1 bath, and 2 bed/1 bath layout.

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Income-Producing Triplex Near Downtown Louisville
Income-Producing Triplex Near Downtown Louisville

2330 W Chestnut St, Louisville, KY 40211

$205,000
2,548 sqft 0.15 AC lot

Fully occupied triplex near downtown Louisville with reliable cash flow.

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New Albany, IN Triplexes Market Trends and Statistics

Explore 1 triplexes for sale in New Albany, IN on our real estate platform. These investment opportunities span a total of 2,418 square feet of properties for sale, with an estimated market value of $179,900.

Sale prices for three-family homes in New Albany, IN average $179,900 — 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

Duplexes 6
Apartment buildings 5
Short term rental properties 1
Triplexes 1

Demographics Overview

Population 50K
Population Growth (5Y) +3.7%
Median Household Income $62,212
College Educated 18.3%

Taxes & Financing

Tax Rate (average for all types) 2.56%
Property Tax per SF $33.47 per SF
Tax Rate vs County Average 0.20 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Floyd County

New Delisted

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