Frankfort, IN Multifamily properties for sale

Updated: Sep 16

Remodeled Duplex with Basement

1601-1603 N Maish Road, Frankfort, IN 46041

$329,000

2,336 sqft 0.48 AC lot

2,336‑square‑foot duplex on a 0.476‑acre parcel
Extensive updates include roof, windows, HVAC systems, and water heaters
Renovated kitchens, bathrooms, and flooring
Two bathrooms, five listed bedrooms, and a basement
One‑story building with brick exterior

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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

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

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.

6-Unit Apartment Building

407 W Washington St, Lebanon, IN 46052

$525,000

5,776 sqft

Two buildings offer individual HVAC systems and in-unit washer and dryer hookups throughout.

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Updated Two-Unit Duplex

2417 State Street, Lafayette, IN 47905

$349,999

2,362 sqft

Both residences include private garages, and each has two bedrooms and one-and-a-half bathrooms.

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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.

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6-Unit Apartment Building

407 W Washington Street, Lebanon, IN 46052

$525,000

0.14 AC lot

Estimated value: by Request

3,428 sqft 0.20 AC lot

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MOBILE HOME PARK, TRAILER PARK

Mulberry Jefferson Rd, Frankfort, IN 46041

Estimated value:

$250,000

15.89 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

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

Estimated value:

$245,000

1,170 sqft 0.11 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

308 Kyger St, Frankfort, IN 46041-1278

Estimated value:

$250,000

2,912 sqft 0.30 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

807 Kyger St, Frankfort, IN 46041-1040

Estimated value:

$250,000

4,928 sqft 0.21 AC lot

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MOBILE HOME PARK, TRAILER PARK

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

Estimated value:

$245,000

1.10 AC lot

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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 4,184 square feet of properties for sale, with an estimated market value of $619,000.

Sale prices for multifamily properties in Frankfort, IN start at $290,000, averaging $309,500, and reaching up to $329,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
Frankfort - 46041	$271.9K
Alexandria - 46001	$290K

Neighborhood

Average Price

Frankfort - 46041

$271.9K

Alexandria - 46001

$290K