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    Franklin, IN
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    Franklin, IN Multifamily Properties for Sale

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    Whiteland, IN Bargersville, IN Trafalgar, IN Greenwood, IN Nineveh, IN Edinburgh, IN Martinsville, IN Indianapolis, IN
    Fully Leased Triplex with Covered Porch
    Updated: Aug 26
    Fully Leased Triplex with Covered Porch

    298 Johnson Avenue, Franklin, IN 46131

    $265,000
    0.09 AC lot
    Three‑unit layout with two 1BR/1BA units and one studio
    All three units leased through February 28, 2027
    Separate utility metering for each unit
    Constructed in 1935 with two stories
    Covered front porch
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    Ranch Duplex with Attached Garages
    Updated: Jul 20
    Ranch Duplex with Attached Garages

    1029/1033 Wild Ivy Trail, Franklin, IN 46131

    $350,000
    0.21 AC lot
    Two‑unit duplex at 1029/1033 Wild Ivy Trail, Franklin, IN 46131
    Ranch‑style construction completed in 1997
    Attached garage included with each unit
    Both units are currently rented
    0.21‑acre property in Johnson County
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    Four-Unit Quadplex with Balconies
    Four-Unit Quadplex with Balconies

    147 E King Street, Franklin, IN 46131

    $299,000
    0.11 AC lot

    Fully leased multifamily property with one-bedroom residences, balconies, and storage.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Ranch-Style Duplex with Garages
    Ranch-Style Duplex with Garages

    1029/1033 Wild Ivy Trl, Franklin, IN 46131

    $350,000
    9,104 sqft

    Two residential units offer attached garage parking and current rental occupancy.

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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    298 N Water Street, Franklin, IN 46131

    $324,900
    0.15 AC lot

    All residences are leased and configured with one bedroom and one full bath.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 5 Active listings in Franklin, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Tenant-Occupied Duplex with Two Units
    Tenant-Occupied Duplex with Two Units

    69 West St, Whiteland, IN 46184

    $150,000
    5,401 sqft

    Two-unit residential property with separate kitchens and living areas, currently occupied by tenants.

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    Tenant-Occupied Duplex
    Tenant-Occupied Duplex

    69 West Street, Whiteland, IN 46184

    $150,000
    0.12 AC lot

    Two residential units include a two-bedroom layout and a separate one-bedroom living arrangement with private kitchens.

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    Two-Unit Duplex with Furnished Unit
    Two-Unit Duplex with Furnished Unit

    600 N Grant Street, Edinburgh, IN 46124

    $299,900
    0.16 AC lot

    Two two-bedroom units include one furnished residence and one month-to-month lease.

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    Two-Building Duplex Property
    Two-Building Duplex Property

    606 N Grant Street, Edinburgh, IN 46124

    $499,900
    0.20 AC lot

    Four residential units offer a mix of open living areas, private bedrooms, and dedicated laundry space.

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    Off-Market Properties in Franklin, IN

    Consider similar Off-Market properties in Franklin, 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.

    3090 Morton St
    MOBILE HOME PARK, TRAILER PARK

    3090 Morton St, Franklin, IN 46131-9626

    Estimated value:
    $250,000
    0.70 AC lot
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    3090 Morton St
    MOBILE HOME PARK, TRAILER PARK

    3090 Morton St, Franklin, IN 46131-9626

    Estimated value:
    $315,000
    13.03 AC lot
    View details

    Franklin, IN Multifamily Properties Market Trends and Statistics

    Explore 7 multifamily properties for sale in Franklin, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 9,104 square feet of properties for sale, with an estimated market value of $1,588,900.

    Sale prices for multifamily properties in Franklin, IN start at $265,000, averaging $317,780, and reaching up to $350,000 — 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
    Quadplexes 2
    Triplexes 1

    Demographics Overview

    Population 36K
    Population Growth (5Y) +9.7%
    Median Household Income $81,914
    College Educated 34.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46131 $320.8K

    Taxes & Financing

    Tax Rate (average for all types) 2.14%
    Property Tax per SF $54.44 per SF
    Tax Rate vs County Average 0.32 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Johnson County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Franklin fall within the 100,000+ square foot range.

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