Residential Income

Franklin, IN Residential Income Properties for Sale

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Whiteland, IN Bargersville, IN Trafalgar, IN Greenwood, IN Nineveh, IN Edinburgh, IN Indianapolis, IN Shelbyville, IN
Duplex with Attached Garages
Updated: Jul 20
Duplex with Attached Garages

1029/1033 Wild Ivy Trail, Franklin, IN 46131

$350,000
0.21 AC lot
0.21‑acre duplex site at 1029/1033 Wild Ivy Trail, Franklin, IN 46131
Built in 1997
Ranch‑style duplex with two units
Attached garage with each unit
Both units currently rented for immediate rental collection
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Leased 4-Unit Multifamily Property
Updated: Jun 19
Leased 4-Unit Multifamily Property

147 E King Street, Franklin, IN 46131

$299,000
0.11 AC lot
4‑unit multifamily with all units currently leased for immediate rental income
Each unit is a 1‑bedroom with 1 full bath
Exterior features include balcony and storage, with vinyl siding construction
Hot water heating and wall unit cooling
Roof is asphalt; property was built in 1930
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Leased 4-Unit Multifamily Property
Leased 4-Unit Multifamily Property

298 N Water Street, Franklin, IN 46131

$324,900
0.15 AC lot

Four leased 1-bedroom, 1-bath units make up this income-producing multifamily property in Franklin, Indiana.

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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 17 Potential Opportunities for your consideration. Besides 3 Active listings in Franklin, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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 with Unit Mix
Tenant-Occupied Duplex with Unit Mix

69 West Street, Whiteland, IN 46184

$150,000
0.12 AC lot

Two residences offer separate kitchens and living areas, including one two-bedroom layout and one one-bedroom layout.

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Three-Unit Residential Income Property
Three-Unit Residential Income Property

589 E Main Street, Whiteland, IN 46184

$250,000
0.25 AC lot

Three 1-bed/1-bath units with living rooms and kitchens, plus off-street gravel parking.

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Duplex Investment with Four Units
Duplex Investment with Four Units

606 N Grant Street, Edinburgh, IN 46124

$499,900
0.20 AC lot

Two duplex buildings with four two-bedroom, one-bath units, built in 1997 on a 0.2-acre lot.

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Duplex With One Furnished Unit
Duplex With One Furnished Unit

600 N Grant Street, Edinburgh, IN 46124

$299,900
0.16 AC lot

Duplex with two 2-bed, 1-bath units, including one furnished unit and a metal roof replacement in 2020.

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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.

Nineveh Land with Utilities
Nineveh Land with Utilities

7843 S Georgetown Road, Nineveh, IN 46164

$56,000
2.02 AC lot

2+ acre lot with city utilities in Nineveh, Indiana.

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Residential Walkout Basement Lot
Residential Walkout Basement Lot

5051 Nottinghill Court, Greenwood, IN 46143

$146,900
0.53 AC lot

Build-ready residential lot with walk-out basement potential and existing architectural plans for a ranch home with garage.

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Bargersville Residential Land Opportunity
Bargersville Residential Land Opportunity

6305 Travis Road, Bargersville, IN 46143

$1,950,000
36.81 AC lot

36.81 acre residential land parcel in Bargersville, Indiana.

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8.5 Acres Development Site
8.5 Acres Development Site

729 W County Line Rd, Greenwood, IN 46142

Contact for pricing
8.50 AC lot

Development site near future I-69 interchange, multiple uses possible.

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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.

Gtwy Dr
Land

0 Gtwy Dr, Franklin, IN 46131

Value Estimation by Request
5.60 AC lot
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2662 Us 31
Land

2662 Us 31, Franklin, IN 46131

Value Estimation by Request
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4721 In-135
Land

4721 In-135, Franklin, IN 46131

Value Estimation by Request
9.80 AC lot
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512 S
Land

512 S, Franklin, IN 46131

Value Estimation by Request
View details
3090 Morton St
MOBILE HOME PARK, TRAILER PARK

3090 Morton St, Franklin, IN 46131-9626

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

3090 Morton St, Franklin, IN 46131-9626

$315,000
Estimated value
13.03 AC lot
View details

Franklin, IN Residential Income Properties Market Trends and Statistics

Explore 9 residential income properties for sale in Franklin, IN, showcased through 3 active listings on our real estate platform.

Sale prices for residential income properties in Franklin, IN start at $299,000, averaging $324,633, 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

Multifamily properties 3
Quadplexes 2
Duplexes 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 $324.6K

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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