$575,000
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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MLS # | 202509549 |
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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 |
Living Room | 1 × 0 | Level |
Family Room | 700 × 610 | Level |
Kitchen | 525 × 575 | Level |
4th Bedroom | 8 × 1 | Level |
5th Bedroom | 8 × 8 | Level |
Full Baths | 6 Main |
Construction | Eightplex |
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Lot Size | 33,541 sq ft |
Acreage | 0.77 Acres |
Lot Dimensions | 130x255 |
Out Buildings | 2nd Detached Garage |
Fence | None |
Area | Clinton County |
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County | Clinton |
Subdivision | None |
Township | Center |
City | Frankfort |
State | IN |
Zip | 46041 |
School District | Community Schools of Frankfort |
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Elementary | Blue Ridge / Green Meadows |
Middle School | Frankfort |
High School | Frankfort |
Assoc. Dues | $0.00 Not Applicable |
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MLS# 202509549
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.
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