Triplex

Shelbyville, IN Triplexes for Sale

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Triplex Under Rehabilitation
Updated: Dec 5, 2025
Triplex Under Rehabilitation

720 S Noble St, Shelbyville, IN 46176

$105,000
Triplex property at 720 S Noble St, Shelbyville, IN
Currently in the demo phase of rehabilitation
Most demolition work has been completed
Newer roof and newer HVAC system
Many new windows installed
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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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Shelbyville, 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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Triplex with Separate Living Quarter
Triplex with Separate Living Quarter

8724 Shelby Street, Indianapolis, IN 46227

$285,000
1.42 AC lot

Three residential units offer varied layouts, dedicated entrances, and a separate additional living space.

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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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Shelbyville, IN Triplexes Market Trends and Statistics

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

Sale prices for three-family homes in Shelbyville, IN average $105,000 — 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
Apartment buildings 1
Triplexes 1

Demographics Overview

Population 29K
Population Growth (5Y) +3.5%
Median Household Income $66,045
College Educated 25.8%

Taxes & Financing

Tax Rate (average for all types) 2.29%
Property Tax per SF $38.44 per SF
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Shelbyville fall within the 10,000 to 25,000 square foot range.

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