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Frankfort, IN

Multifamily

Frankfort, IN Multifamily Properties for Sale

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Rossville, IN Mulberry, IN Colfax, IN Kirklin, IN Lebanon, IN Lafayette, IN Thorntown, IN Clarks Hill, IN

Rehabbed 10-Unit Apartment Building

Updated: Jan 31

Rehabbed 10-Unit Apartment Building

350 North Main Street, Frankfort, IN 46041

$2,300,000

10,560 sqft

Fully rehabbed 10‑unit apartment building completed in 2023
17 total bedrooms and 14 total full baths across 3 one‑bedroom units and 7 two‑bedroom units
Central air with forced‑air heating; laminate flooring throughout
Each unit includes multiple appliances and laundry hookups: 10 dryers, 10 washers, 10 disposals, 10 microwaves, 10 dishwashers, 10 ranges/ovens, and 10 refrigerators
Brick exterior with off‑street parking

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 1 Active listings in Frankfort, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Leased Duplex with Two Units

Leased Duplex with Two Units

203 Lincoln Street, Lafayette, IN 47904

$279,900

2,788 sqft 0.17 AC lot

Built in 1901, this duplex offers two fully leased units with separate bedroom and bathroom layouts.

Brick Two-Unit Ranch Duplex

Brick Two-Unit Ranch Duplex

823 825 Woodmere Drive, Lafayette, IN 47905

$379,900

2,680 sqft 0.30 AC lot

Two ranch units with attached garages and in-unit washer/dryer offer a straightforward live-in or income setup.

Triplex with Renovation Opportunities

Triplex with Renovation Opportunities

528 South Street, Noblesville, IN 46060

$300,000

0.16 AC lot

Three-unit triplex with one occupied 2BR/1BA unit and two vacant units with demo started for renovation.

Leased Duplex With Ground-Floor Unit

Leased Duplex With Ground-Floor Unit

1419 S 9th Street, Noblesville, IN 46060

$350,000

0.15 AC lot

Fully leased duplex with a ground-floor unit and multiple upstairs units, plus some recent unit updates.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Homesite in Wheatfield, Indiana

Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing

0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

University Park Developable Land

University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing

3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

Land For Sale, Lakemoor, IL

Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

Prime Land Off US HWY

Prime Land Off US HWY

Briar Creek lot: #1, Lawrenceburg, KY 40342

$345,500

2.27 AC lot

2.27 acres with excellent visibility and easy access.

Off-Market Properties in Frankfort, IN

Consider similar Off-Market properties in Frankfort, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (UNDER 5 UNITS)

406 Walnut St, Frankfort, IN 46041-2584

Value Estimation by Request

2,968 sqft 0.22 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

409 Delphi Ave, Frankfort, IN 46041-1337

Value Estimation by Request

2,100 sqft 0.17 AC lot

MOBILE HOME PARK, TRAILER PARK

805 5th St, Frankfort, IN 46041-2976

Value Estimation by Request

1.00 AC lot

64 Washington St

APARTMENT HOUSE (UNDER 5 UNITS)

64 Washington St, Frankfort, IN 46041-1921

Value Estimation by Request

7,290 sqft 0.07 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

904 Delphi Ave, Frankfort, IN 46041-1117

Value Estimation by Request

1,528 sqft 0.11 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

2 Main St, Frankfort, IN 46041-1912

Value Estimation by Request

8,008 sqft 0.11 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

654 Grn St, Frankfort, IN 46041-1489

Value Estimation by Request

870 sqft 0.57 AC lot

1101-1103 Clinton St

Residential income properties

1101-1103 Clinton St, Frankfort, IN 46041

Value Estimation by Request

3,428 sqft 0.20 AC lot

Mulberry Jefferson Rd

MOBILE HOME PARK, TRAILER PARK

Mulberry Jefferson Rd, Frankfort, IN 46041

Value Estimation by Request

15.89 AC lot

401 403rd 405th N Main St

APARTMENT HOUSE (UNDER 5 UNITS)

401 403rd 405th N Main St, Frankfort, IN 46041

Value Estimation by Request

1,170 sqft 0.11 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

308 Kyger St, Frankfort, IN 46041-1278

Value Estimation by Request

2,912 sqft 0.30 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

807 Kyger St, Frankfort, IN 46041-1040

Value Estimation by Request

4,928 sqft 0.21 AC lot

7456 County Rd 100th N

MOBILE HOME PARK, TRAILER PARK

7456 County Rd 100th N, Frankfort, IN 46041-8975

Value Estimation by Request

1.10 AC lot

Frankfort, IN Multifamily Properties Market Trends and Statistics

Explore 14 multifamily properties for sale in Frankfort, IN on our real estate platform. These investment opportunities span a total of 10,560 square feet of properties for sale, with an estimated market value of $2,300,000.

Sale prices for multifamily properties in Frankfort, IN start at $2,300,000, averaging $2,300,000, and reaching up to $2,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 25K

Population Growth (5Y) -1.2%

Median Household Income $61,986

College Educated 23.9%

Taxes & Financing

Tax Rate (average for all types) 2.65%

Property Tax per SF $43.32 per SF

Tax Rate vs County Average 0.06 pp above county avg

Average Loan-to-Value 65.0%

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