Duplex with Detached
For Sale
$389,000
275 E Madison Street, Franklin, IN 46131
Two separate residences each include private entrances, off-street parking, and unfinished basement space.
Property SizeContact for details
Days on Market100
Property Features for 275 E Madison Street
General Information
Standard status
Active
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
1910
Buildings
1
Listing Agency:
CrestPoint Real Estate
(317) 790-4975
Listed By:
Paul Gorrell
Source:
Locksteprealty
Added: Jul 24
Changed: Oct 28
Last Checked: Oct 28 at 3:02PM
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 CrestPoint Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1910, this duplex contains two residences of approximately 1,100+ square feet each. Both units have two bedrooms, two bathrooms, a living room with a fireplace, a large kitchen, hardwood flooring, and built-in features. Full unfinished basements provide laundry and storage space, while separate entrances give each residence independent access. A detached two-car garage and off-street parking are also part of the property.
The duplex sits on a corner lot a few blocks from historic downtown Franklin and Franklin College. US-31 and I-65 are nearby, with access toward Indianapolis. Downtown Franklin includes restaurants, coffee shops, boutiques, festivals, and entertainment; nearby parks and trails add to the surrounding amenities.
The duplex sits on a corner lot a few blocks from historic downtown Franklin and Franklin College. US-31 and I-65 are nearby, with access toward Indianapolis. Downtown Franklin includes restaurants, coffee shops, boutiques, festivals, and entertainment; nearby parks and trails add to the surrounding amenities.
Key Highlights
- Two units, each approximately 1,100+ square feet, with 2 bedrooms and 2 baths
- Detached two‑car garage and off‑street parking
- Full unfinished basements offer laundry and storage space
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
634
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences each include private entrances, off-street parking, and unfinished basement space.
Where is this duplex located?
The property is located at 275 E Madison Street Franklin, IN.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Two units, each approximately 1,100+ square feet, with 2 bedrooms and 2 baths; Detached two‑car garage and off‑street parking; Full unfinished basements offer laundry and storage space
