258 Main Avenue Frankfort, IN 46041

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Eightplex • 135Y Old

$575,000

258 Main Avenue

6 Bedrooms
8 Bathrooms
8234 sqft
0.77 Acres
Property Description

This fully rented 8-plex is an incredible investment opportunity, offering steady income from day one. Each unit is occupied, providing immediate cash flow, while the property itself has a range of desirable features. A detached garage, already rented, along with a large carport for additional covered parking. Tenants enjoy the convenience of an in-building laundry facility located in the basement, making day-to-day living even easier. The charming covered front porch creates a welcoming entrance, adding to the character of this well-maintained building. With solid rental history and multiple income-generating spaces, this property is a must-see for any investor looking to expand their portfolio.

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Property
MLS # 202509549
Date Listed 2025-03-24
Status Active
Property Type Investment
Property SubType Eightplex
Finished Square Feet 8234 sqft
Total Square Feet 10262 sqft
New Construction No
Style Three Story
Type Eightplex
Basement Yes
Bedrooms 6
Bathrooms 8
Annual Taxes $4,400.00
Year Taxes Payable 2025
Year Built 1890
Virtual Tour propertypanorama.com »
Days on Market 11
Room Dimensions
Living Room 1 × 0 Level
Family Room 700 × 610 Level
Kitchen 525 × 575 Level
4th Bedroom 8 × 1 Level
5th Bedroom 8 × 8 Level
Bathroom Locations
Full Baths 6 Main
External Features
Construction Eightplex
Lot Size 33,541 sq ft
Acreage 0.77 Acres
Lot Dimensions 130x255
Out Buildings 2nd Detached Garage
Fence None
Location
Area Clinton County
County Clinton
Subdivision None
Township Center
City Frankfort
State IN
Zip 46041
Schools
School District Community Schools of Frankfort
Elementary Blue Ridge / Green Meadows
Middle School Frankfort
High School Frankfort
Financial
Assoc. Dues $0.00 Not Applicable

MLS# 202509549
Listing Provided Courtesy of Jazah Jones
BerkshireHathaway HS IN Realty
Agt: 765-670-9065

Listing updated March 26, 2025 at 8:45 am
Last checked 14 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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