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2-Unit Duplex with Full Basements
New
For Sale
$204,700

352 E South Street, Frankfort, IN 46041

Two-story apartments offer separate living, dining, kitchen, and bedroom areas with private outdoor spaces.

Property Size2,816 SF
Price / SF$72.69
Days on Market2

Property Features for 352 E South Street

General Information

Standard status Active
Size 2,816 SF
Total Parking Spaces 4
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/1.5BA
Multifamily Units 2
Parking per Unit 2

Amenities

covered front porch
deck
balcony
full basement

Building Details

Year Built 1910
Buildings 1
Listing Agency: F.C. TUCKER EMGE
Listed By: Carson and Lisa Lowry Real Estate
Source: Carsonlowryrealestate
Added: Sep 1 Last Checked: Sep 1 at 8:59PM

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 F.C. TUCKER EMGE

Investment Insights

Based on property information with market context.

Built in 1910, this duplex contains two apartments with approximately 1,408 square feet each and a combined PropertySize of 2,816 square feet. Each unit places the living room, dining area, kitchen, and half bath on the main floor, with three bedrooms and a full bathroom upstairs. Electric ranges and refrigerators are included, while the full basements provide additional storage or flexible personal-use space.

Outdoor features include a covered front porch, deck, and balcony for each apartment. The property also provides four off-street parking spaces, with two assigned to each unit. The two-story configuration and separated living and sleeping areas support either continued rental use or an owner-occupant arrangement.

Key Highlights

  • Two apartments, each with 3 bedrooms and 1.5 baths
  • Approximately 1,408 square feet per apartment; 2,816 total PropertySize
  • Full basement serving each apartment

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic HVAC Service Bakery Storage Facility Kitchen & Bath Showroom

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

497
Businesses Nearby

Demographics for 46041, IN

24,120
Population
9,889
Households
2.4
Avg Household Size
37
Median Age
17%
College-Educated
83%
High-School Grad
248.4 sq mi
ZIP Area
97
Density / Sq Mi
$60,716
Median Household Income
$39,503
Median Earnings
$900
Median Rent
$154,100
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-story apartments offer separate living, dining, kitchen, and bedroom areas with private outdoor spaces.
Where is this duplex located?
The property is located at 352 E South Street Frankfort, IN.
What is the asking price?
The asking price for this property is $204,700.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms and 1.5 baths; Approximately 1,408 square feet per apartment; 2,816 total PropertySize; Full basement serving each apartment
More about this property
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