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5-Unit Apartment Building
For Sale
$399,900

929 Franklin Street, Columbus, IN 47201

Separate utilities serve a five-unit property with varied apartment layouts.

Property SizeContact for details
Days on Market179

Property Features for 929 Franklin Street

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Multifamily Units 5

Building Details

Year Built 1890
Stories 2
Units 5
Listing Agency: RE/MAX Professionals
Listed By: Steve Silver · License #RB14010813
Source: Battsrealestategroup
Added: Apr 28 Changed: Oct 22 Last Checked: Oct 22 at 2:29PM

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 RE/MAX Professionals

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Investment Insights

Based on property information with market context.

Built in 1890, this five-unit apartment property includes a mix of layouts. Each residence has living space, bedrooms, and a kitchen, with utilities separated by unit.

The building is in a downtown setting with access to shopping, dining, schools, and major roadways.

Key Highlights

  • Five apartment units with a mix of layouts
  • Separate utilities for each unit
  • Built in 1890

Property Analytics

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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,013
Businesses Nearby

Demographics for 47201, IN

45,969
Population
20,924
Households
2.2
Avg Household Size
36
Median Age
36%
College-Educated
92%
High-School Grad
201.2 sq mi
ZIP Area
228
Density / Sq Mi
$82,667
Median Household Income
$46,243
Median Earnings
$1,159
Median Rent
$217,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Separate utilities serve a five-unit property with varied apartment layouts.
Where is this apartment building located?
The property is located at 929 Franklin Street Columbus, IN.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Five apartment units with a mix of layouts; Separate utilities for each unit; Built in 1890
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