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Newly Constructed Tenant-Occupied Duplex
For Sale
$290,000

1415 E Morrison St, Frankfort, IN 46001

Two-unit property with open living areas, integrated kitchens, and large bedrooms.

Property Size1,848 SF
Price / SF$156.93
Days on Market42

Property Features for 1415 E Morrison St

General Information

Standard status Active
Size 1,848 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 2025
Buildings 1
Listing Agency: Epique Inc.
Listed By: John Brannan · License #RB23001690
Source: Kmsrealestategroup
Added: Jul 21 Changed: Aug 31 Last Checked: Aug 25 at 4:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Epique Inc.

Investment Insights

Based on property information with market context.

Completed in August 2025, this duplex contains two tenant-occupied residential units with approximately 1,848 square feet of total property size. Each unit is arranged around an open living and kitchen area, with large bedrooms and generous closet storage. The property was built in 2025 and presents a newly constructed configuration for residential income use.

Located at 1415 E Morrison St in Frankfort, Indiana, the asset offers an established duplex format with occupancy already in place. Square footage should be independently verified by the buyer.

Key Highlights

  • Two‑unit duplex completed in August of 2025
  • Tenant‑occupied at the time of listing
  • Approximately 1,848 square feet of property size

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Real Estate Agency Electrical Service Kitchen & Bath Showroom Building Supply Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby

Demographics for 46001, IN

10,676
Population
5,065
Households
2.1
Avg Household Size
43
Median Age
21%
College-Educated
91%
High-School Grad
77.2 sq mi
ZIP Area
138
Density / Sq Mi
$66,379
Median Household Income
$42,283
Median Earnings
$875
Median Rent
$136,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with open living areas, integrated kitchens, and large bedrooms.
Where is this duplex located?
The property is located at 1415 E Morrison St Frankfort, IN.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Two‑unit duplex completed in August of 2025; Tenant‑occupied at the time of listing; Approximately 1,848 square feet of property size
More about this property
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