Four-Unit Quadplex with
For Sale
$299,000
147 E King Street, Franklin, IN 46131
Residential Income, Franklin, IN
Property SizeContact for details
Lot Size0.11 Acres
Days on Market92
Property Features for 147 E King Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
RTN
Rooms
Basement
Exterior features
Balcony, Storage
Basement
Unfinished, Partial
Subdivision
George Kings Franklin Twp
Lot features
Access
Elementary school district
Franklin Community School Corp
Middle school district
Franklin Community School Corp
High school district
Franklin Community School Corp
Directions
GPS Friendly
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
Legal 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
Listing Agency:
Trueblood Real Estate
(317) 288-5148
Listed By:
Donald Kuroiwa
(317) 679-6330
Added: Jun 19
Changed: Sep 15
Last Checked: Sep 18 at 1:06PM
MLS# 22108989
Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 147 E King Street in Franklin, Indiana, this quadplex contains four leased residences. Each unit offers one bedroom and one full bathroom, creating a consistent layout across the building. Balconies, storage areas, and a basement supplement the residential spaces.
The property occupies a 0.11-acre parcel and carries RTN zoning. Built in 1930, the building features vinyl siding, an asphalt roof, hot water heating, and wall-unit cooling. Its existing four-unit configuration provides a straightforward multifamily format for ownership and management.
The property occupies a 0.11-acre parcel and carries RTN zoning. Built in 1930, the building features vinyl siding, an asphalt roof, hot water heating, and wall-unit cooling. Its existing four-unit configuration provides a straightforward multifamily format for ownership and management.
Key Highlights
- Four‑unit quadplex with every residence currently leased
- Each unit includes 1 bedroom and 1 full bath
- 0.11‑acre parcel with RTN zoning
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
823
Businesses Nearby
Explore this area
Business Placement
Demographics for 46131, IN
32,869
Population
13,151
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
92%
High-School Grad
126.0 sq mi
ZIP Area
261
Density / Sq Mi
$81,914
Median Household Income
$44,797
Median Earnings
$1,114
Median Rent
$227,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully leased multifamily property with one-bedroom residences, balconies, and storage.
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 $299,000.
What are key features of this property?
This property features: Four‑unit quadplex with every residence currently leased; Each unit includes 1 bedroom and 1 full bath; 0.11‑acre parcel with RTN zoning
