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Frankfort, IN

Residential Income

Frankfort, IN Residential Income Properties for Sale

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

Mixed-Use Retail and Apartment

Updated: Feb 1

Mixed-Use Retail and Apartment

258 South East Street, Frankfort, IN 46041

$139,000

2,640 sqft

1‑story mixed‑use building with a main level showroom, full kitchen, and half bath
Includes a partial basement for additional storage
Upstairs 1‑bedroom apartment is currently rented through August 2026
Upstairs unit features a foyer entry, screened‑in porch, and large living room
Basement present; forced‑air heating and wall AC

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 24 Potential Opportunities for your consideration. Besides 1 Active listings in Frankfort, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 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.

Tenant-Occupied Duplex Investment

Tenant-Occupied Duplex Investment

127 S 31st Street, Lafayette, IN 47904

$279,000

2,532 sqft 14.00 AC lot

Two tenant-occupied duplex units offer off-street parking for each side and separate rental payment terms.

Kirklin Mixed-Use Commercial Building

Kirklin Mixed-Use Commercial Building

101 S Main St, Kirklin, IN 46050

$610,000

4,884 sqft

Mixed-use building with commercial space and residential units in Kirklin.

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.

Retail Storefront With Back Apartment

Retail Storefront With Back Apartment

105 South Main Street, Kirklin, IN 46050

$272,580

2,478 sqft

Retail storefront with a residential apartment at the rear, with both spaces currently occupied by tenants.

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.

Residential and Recreational Land

Residential and Recreational Land

7001 N 1075 W, Thorntown, IN 46071

$179,000

4.00 AC lot

Ag-zoned land with a mix of cleared and wooded acreage and septic approval for residential or recreational use.

Agricultural Residential Buildable Acreage

Agricultural Residential Buildable Acreage

23518 Oak Ridge Road, Sheridan, IN 46069

$280,000

3.00 AC lot

3-acre parcel in Hamilton County with AGRI/RESIDENTIAL zoning and utilities available for future construction.

Planned Development Residential Lot

Planned Development Residential Lot

1645 Dye Creek Court, Zionsville, IN 46077

$395,000

0.36 AC lot

Residential lot within a gated planned community, sized for building an estate home.

Residential Land Lot

Residential Land Lot

4995 S 650 W, Jamestown, IN 46147

$99,900

2.57 AC lot

2.57-acre residential lot in Boone County with minor plat and survey, plus soil bore testing for septic approval.

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

Land

0 Kelley Rd, Frankfort, IN 46041

Value Estimation by Request

88.00 AC lot

County Road 450

Land

0 County Road 450, Frankfort, IN 46041

Value Estimation by Request

40.00 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 Residential Income Properties Market Trends and Statistics

Explore 16 residential income properties for sale in Frankfort, IN on our real estate platform. These investment opportunities span a total of 2,640 square feet of properties for sale, with an estimated market value of $139,000.

Sale prices for residential income properties in Frankfort, IN start at $139,000, averaging $139,000, and reaching up to $139,000 — 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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