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    Four-Unit Multifamily Property Title is generated by Realmo AI

    147 E King Street, Franklin, IN 46131

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    For Sale
    $310,000

    MULTI_FAMILY - Other - Franklin, IN

    Lot size:
    0.11 Acres
    Added:
    Jun 19, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 20 at 8:06 am

    Property Features for 147 E King Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RTN
    Rooms
    Basement
    Exterior features
    Balcony, Storage
    Basement
    Partial, Unfinished
    Standard status
    Active
    APN
    410814043011000009
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Kings 1st Add Pt Lot 13 (64 Ft Off E End) Mp Franklin Communi

    Utilities

    Heating system
    Hot Water(Heating)
    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1930
    Floors in Building
    2
    Number of units
    4
    Building materials
    Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    Other
    Additional Structures
    Storage

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    Listing Contact
    Donald Kuroiwa

    Listing agent Donald Kuroiwa

    Listing office Trueblood Real Estate North Street Suite 350 8700, Fishers, IN

    Listing date Jun 19, 2026

    MLS# 22108989 Listing URL

    Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 4‑unit multifamily with all units currently leased for immediate rental income
    • Each unit is a 1‑bedroom with 1 full bath
    • Exterior features include balcony and storage, with vinyl siding construction
    • Hot water heating and wall unit cooling
    • Roof is asphalt; property was built in 1930
    • Basement included

    Overview

    This is a four-unit multifamily property featuring four separate 1-bedroom, 1-full-bath apartments. The units are currently leased, supporting immediate occupancy for an investor or owner-operator. The property is listed as a quadplex, with a lot size of 0.11 acres and zoning identified as RTN.

    The building is located at 147 E King Street in Franklin, Indiana 46131 (Johnson County). The seller notes a preference to sell the 4-plex at 298 N Water St as well, listed under 22109011, which may be relevant for buyers considering a bundled acquisition.

    For tenants and buyers, the unit mix offers straightforward layout consistency across all apartments, each with one bedroom and one full bathroom. With all units described as leased at the time of listing, the property may appeal to those seeking an income-producing setup without requiring immediate tenant turnover. The RTN zoning designation should also be considered when evaluating the property’s use and operating requirements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Johnson
    State
    Indiana
    Longitude
    -86.053389
    Latitude
    39.482477

    FAQs

    What type of property is this?
    Quadplex - Four leased 1-bedroom, 1-bath units provide immediate rental occupancy in a compact downtown Franklin setting.
    Where is this quadplex located?
    The property is located at 147 E King Street Franklin, IN.
    What is the asking price?
    The asking price for this property is $310,000.
    What are key features of this property?
    This property features: 4‑unit multifamily with all units currently leased for immediate rental income; Each unit is a 1‑bedroom with 1 full bath; Exterior features include balcony and storage, with vinyl siding construction
    More about this property
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