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1410 E Jefferson St, Franklin, IN, 46131

31beds
16baths
15,568sqft
$1,699,000
$109price/sqft
$11,980/moest. monthly cost
$479,200/yrincome needed

About This Home

Nestled in the heart of Franklin, 1410 E Jefferson Street presents a well-maintained and fully occupied 16-unit investment opportunity comprised of two attractive brick buildings, each containing 8 spacious apartments. Many units have been recently updated with vinyl plank flooring, and each unit features a functional floorplan with a large private patio or balcony, enhancing overall tenant appeal. A common area laundry facility is available for tenant use, providing an additional income stream. The buildings are thoughtfully positioned across from one another, with a large central parking lot offering approximately 40 spaces. Tenants are responsible for all utilities. With consistent rental demand in the Franklin market, this asset presents a compelling opportunity for both stable in-place income and immediate upside, making it an ideal addition for investors seeking a balance of manageability and portfolio growth. Financials available upon request. Seller financing offers will not be considered.

Getting Around

16
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

8/10
Webb Elementary SchoolGrades PK-40.4 mi
6/10

Construction

Condition

  • Year built: 1967

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family

Interior

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 31
  • Bathrooms: 16
  • Full bathrooms: 16

Features

  • Flooring: Carpet,Mixed,Wood,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 15,568

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 15,568
  • Total interior livable area: 15,568 sqft

Property

Details

  • Parcel number: 410813043096.000018

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Balcony

Lot

  • Lot size: 1.65 Acres
  • Features: Level

Parking

  • Total spaces: 40
  • Parking features: Parking Lot,Paved