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    Frankfort, IN
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    Frankfort, IN Multifamily Properties for Sale

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    2-Unit Duplex with Full Basements
    Updated: Sep 1
    2-Unit Duplex with Full Basements

    352 E South Street, Frankfort, IN 46041

    $204,700
    2,816 sqft
    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
    Four off‑street parking spaces, with two for each apartment
    Covered front porch, deck, and balcony for each unit
    View details
    Newly Constructed Tenant-Occupied Duplex
    Updated: Jul 21
    Newly Constructed Tenant-Occupied Duplex

    1415 E Morrison St, Frankfort, IN 46001

    $290,000
    1,848 sqft
    Two‑unit duplex completed in August of 2025
    Tenant‑occupied at the time of listing
    Approximately 1,848 square feet of property size
    Open living and kitchen layouts in both units
    Large bedrooms with spacious closet storage
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 2 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

    Opportunities in Nearby Cities

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

    Two-Unit Duplex with Off-Street Parking
    Two-Unit Duplex with Off-Street Parking

    127 S 31st Street, Lafayette, IN 47904

    $250,000
    2,532 sqft 0.14 AC lot

    Each unit includes dedicated off-street parking, central air, wood flooring, and tenant-paid utilities.

    View details
    Updated Quadplex with Appliances
    Updated Quadplex with Appliances

    105 W 8th St, Burlington, IN 46915

    $185,000
    3,682 sqft

    Four-unit residential property with open layouts, included appliances, and washer/dryer hookups in one unit.

    View details
    Downtown Three-Unit Triplex
    Downtown Three-Unit Triplex

    211 E Columbia St, Flora, IN 46929

    $182,900
    2,312 sqft

    Three occupied apartments with rear parking and walkable access to downtown Flora amenities.

    View details
    Ranch Duplex with Attached Garages
    Ranch Duplex with Attached Garages

    823 825 Woodmere Drive, Lafayette, IN 47905

    $379,900
    2,680 sqft 0.30 AC lot

    Two brick units include attached garages, individual outdoor living areas, and washer-and-dryer setups.

    View details

    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.

    406 Walnut St
    APARTMENT HOUSE (UNDER 5 UNITS)

    406 Walnut St, Frankfort, IN 46041-2584

    $260,000
    Estimated value
    2,968 sqft 0.22 AC lot
    View details
    409 Delphi Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    409 Delphi Ave, Frankfort, IN 46041-1337

    $250,000
    Estimated value
    2,100 sqft 0.17 AC lot
    View details
    805 5th St
    MOBILE HOME PARK, TRAILER PARK

    805 5th St, Frankfort, IN 46041-2976

    $280,000
    Estimated value
    1.00 AC lot
    View details
    64 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)

    64 Washington St, Frankfort, IN 46041-1921

    $245,000
    Estimated value
    7,290 sqft 0.07 AC lot
    View details
    904 Delphi Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    904 Delphi Ave, Frankfort, IN 46041-1117

    $265,000
    Estimated value
    1,528 sqft 0.11 AC lot
    View details
    2 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    2 Main St, Frankfort, IN 46041-1912

    $275,000
    Estimated value
    8,008 sqft 0.11 AC lot
    View details
    654 Grn St
    APARTMENT HOUSE (UNDER 5 UNITS)

    654 Grn St, Frankfort, IN 46041-1489

    $250,000
    Estimated value
    870 sqft 0.57 AC lot
    View details
    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
    View details
    Mulberry Jefferson Rd
    MOBILE HOME PARK, TRAILER PARK

    Mulberry Jefferson Rd, Frankfort, IN 46041

    $250,000
    Estimated value
    15.89 AC lot
    View details
    401 403rd 405th N Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

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

    $245,000
    Estimated value
    1,170 sqft 0.11 AC lot
    View details
    308 Kyger St
    APARTMENT HOUSE (UNDER 5 UNITS)

    308 Kyger St, Frankfort, IN 46041-1278

    $250,000
    Estimated value
    2,912 sqft 0.30 AC lot
    View details
    807 Kyger St
    APARTMENT HOUSE (UNDER 5 UNITS)

    807 Kyger St, Frankfort, IN 46041-1040

    $250,000
    Estimated value
    4,928 sqft 0.21 AC lot
    View details
    7456 County Rd 100th N
    MOBILE HOME PARK, TRAILER PARK

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

    $245,000
    Estimated value
    1.10 AC lot
    View details

    Frankfort, IN Multifamily Properties Market Trends and Statistics

    Explore 15 multifamily properties for sale in Frankfort, IN on our real estate platform. These investment opportunities span a total of 4,664 square feet of properties for sale, with an estimated market value of $494,700.

    Sale prices for multifamily properties in Frankfort, IN start at $204,700, averaging $247,350, and reaching up to $290,000 — 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

    Duplexes 2

    Demographics Overview

    Population 25K
    Population Growth (5Y) -1.2%
    Median Household Income $61,986
    College Educated 23.9%

    High-Yield Neighborhoods for Investment

    Identify Frankfort submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Alexandria - 46001 $290K

    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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