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    Midland, TX
    Triplex

    Midland, TX Triplexes for Sale

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    Triplex with Three Rental Units
    Updated: Mar 26
    Triplex with Three Rental Units

    2407 W Indiana Ave, Midland, TX 79701

    $325,000
    2,049 sqft 0.13 AC lot
    Three rental units on one parcel
    0.134‑acre lot
    2,049 SF property size
    Surveyed and platted
    Zoned RR per COM web; verify restrictions
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    This listing looks promising.

    Here's a quick look at some key insights for

    2407 W Indiana Ave, Midland, TX 79701

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    • Est. Cap Rate

      6.2%
      Above avg (5.9%)

    • Est. NOI

      $20K
      Annual

    • Price @ 7% Cap

      $286K
      Suggested

    • Property Type

      Parcels With Improvements, Use Not Specified
      Built 1965
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    Triplex with Three Rental Units
    Updated: Jun 5
    Triplex with Three Rental Units

    2407 W Indiana Ave, Midland, TX 79701

    $325,000
    2,049 sqft 0.13 AC lot
    Three rental units on one parcel
    0.134‑acre lot
    2,049 SF triplex
    Built in 1965
    Individual AC units
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Midland, TX, 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.

    Triplex with Private Gated Parking
    Triplex with Private Gated Parking

    109 Runnels St, Big Spring, TX 79720

    $499,000
    2,976 sqft 0.16 AC lot

    Three furnished units with 2 beds and 2 baths, plus energy-efficient mini-splits and electric heating and cooling.

    View details
    Recently Built Triplex Community
    Recently Built Triplex Community

    9310 Arboledas Dr, Gardendale, TX 79758

    $949,900
    5,319 sqft 2.09 AC lot

    Three vacant townhomes in a standalone triplex, sold as-is with utilities on and separate electric meters.

    View details
    Standalone Triplex Townhomes
    Standalone Triplex Townhomes

    9310 Arboledas Dr, Gardendale, TX 79758

    $949,900
    5,319 sqft 2.09 AC lot

    Three recently built townhomes sold as one As-Is package, with utilities on and separate electrical metering.

    View details
    3-Unit Furnished Triplex
    3-Unit Furnished Triplex

    109 Runnels St, Big Spring, TX 79720

    $499,000

    Turnkey 3-unit furnished triplex with two-bedroom, two-bath units, mini-split HVAC, security system, and gated parking.

    View details

    Midland, TX Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Midland, TX on our real estate platform. These investment opportunities span a total of 4,098 square feet of properties for sale, with an estimated market value of $650,000.

    Sale prices for three-family homes in Midland, TX average $325,000 — 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

    Mobile home & RV parks 13
    Short term rental properties 7
    Quadplexes 5
    Duplexes 3
    Apartment buildings 2

    Demographics Overview

    Population 165K
    Population Growth (5Y) +3.1%
    Median Household Income $93,990
    College Educated 16.9%

    Taxes & Financing

    Tax Rate (average for all types) 1.27%
    Property Tax per SF $40.08 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Midland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Midland County

    Retail

    Office

    Property Size Breakdown

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

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