Two-Story Triplex with
New
For Sale
$280,000
298 Johnson Avenue, Franklin, IN 46131
Residential Income, Franklin, IN
Property SizeContact for details
Lot Size0.09 Acres
Days on Market4
Property Features for 298 Johnson Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Subdivision
Hicks & Hamilton
Middle school
Franklin Community Middle School
High school
Franklin Community High School
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
410814042116000009
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Hick's & Hamilton Add Lot 6 Mp Franklin Communi
Legal Description
Hick's & Hamilton Add Lot 6 Mp Franklin Communi
Amenities
porch
Building Details
Year built
1935
Floors in Building
2
Number of units
3
Listing Agency:
Real Broker, LLC
(317) 794-2827
Listed By:
Reggie Jackson
(317) 614-5445
Added: Aug 26
Changed: Aug 28
Last Checked: Aug 29 at 12:06PM
MLS# 22122086
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.
Built in 1935, this two-story triplex contains two one-bedroom, one-bath apartments and one studio unit. The property includes a welcoming porch and a 3,964-square-foot lot, combining a compact urban footprint with a three-unit residential configuration. Separate metering is in place for the units.
Current leases run through February 28, 2027. Tenants have maintained residences ranging from five to fifteen years, providing an established occupancy history for the property.
Current leases run through February 28, 2027. Tenants have maintained residences ranging from five to fifteen years, providing an established occupancy history for the property.
Key Highlights
- Triplex with two one‑bedroom, one‑bath units and one studio
- Built in 1935 with a two‑story configuration
- 3,964‑square‑foot lot measuring 0.09 acres
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
678
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three separately metered units include two one-bedroom apartments and a studio.
Where is this triplex located?
The property is located at 298 Johnson Avenue Franklin, IN.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Triplex with two one‑bedroom, one‑bath units and one studio; Built in 1935 with a two‑story configuration; 3,964‑square‑foot lot measuring 0.09 acres
