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Listed by Lisa Meulbroek • Liberty Real Estate, LLC.
$ 399,000
Est. payment /mo
Active
297 N 9th ST Noblesville, IN 46060
7,840 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22053041
Year Built 1900
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Triplex
Property Description
Amazing investment opportunity! Fully restored triplex only one block from downtown Noblesville! Two 1BR units on the ground level and a 2BR unit on the upper level. Each unit has its own washer & dryer and full kitchens with appliances. All units have separate utilities. 4-space concrete parking lot in the rear. Recently painted exterior trim and interiors. 8% cap rate with market-priced rent (6.1% with current rent). Priced $8 per square ft below Old Town Noblesville average. Poised for great appreciation because of its ideal location. Renters have all been long-term tenants with a history of no vacancies. This is a fully occupied, true turn-key investment. Property is zoned to allow for an additional building if the new owner wants to build another investment property! Get in now to take advantage of beautiful new improvements coming to the downtown streetscape in 2026 - only 1 block away!
Location
State IN
County Hamilton
Zoning residential
Rooms
Basement Unfinished
Interior
Heating Natural Gas
Cooling Central Air
Fireplace N
Exterior
View Y/N false
Roof Type Shingle
Building
Story Two
Foundation Brick/Mortar
Architectural Style Victorian
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools North Elementary School
Middle Schools Noblesville West Middle School
High Schools Noblesville High School
School District Noblesville Schools

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Inman Realty Company
Managing Broker