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    Franklin, IN Residential Income Properties for Sale

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    Whiteland, IN Bargersville, IN Trafalgar, IN
    Four-Unit Multifamily Property
    $310,000
    0.11 Acres
    Four-Unit Multifamily Property

    147 E King Street, Franklin, IN 46131

    Four leased 1-bedroom, 1-bath units provide immediate rental occupancy in a compact downtown Franklin setting.
    • 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
    Updated: Jun 19
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    Leased 4-Unit Multifamily Quadplex
    $335,000
    0.15 Acres
    Leased 4-Unit Multifamily Quadplex

    298 N Water Street, Franklin, IN 46131

    Four-unit quadplex with all units leased, each offering one bedroom and one full bath.
    • 4‑unit multifamily property with all units currently leased
    • Unit mix: four 1‑bedroom units, each with 1 full bath
    • Balcony exterior feature
    • Vinyl siding exterior and asphalt shingle roof
    • Forced‑air heating and wall unit(s) cooling
    Updated: Jun 19
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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 2 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.

    Brick Duplex with Childcare Facility
    $699,900
    0.65 Acres
    Brick Duplex with Childcare Facility

    Solid brick duplex configured for licensed childcare, or flexible dual-family living with sunrooms and attached two-car garages.

    7315 S Meridian Street, Indianapolis, IN 46217

    View details
    Two-Duplex Residential Income Property
    $499,900
    0.20 Acres
    Two-Duplex Residential Income Property

    Four-unit rental property with two duplex buildings, each offering 2-bed, 1-bath units and in-unit laundry.

    606 N Grant Street, Edinburgh, IN 46124

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    Duplex with Two 2-Bed Units
    $320,000
    0.16 Acres
    Duplex with Two 2-Bed Units

    Duplex offers two 2-bedroom, 1-bath units, with one fully furnished and a new metal roof installed in 2020.

    600 N Grant Street, Edinburgh, IN 46124

    View details
    Townhome Portfolio with Attached Garages
    Contact for pricing
    Townhome Portfolio with Attached Garages

    66-unit two-site townhome portfolio with attached one- or two-car garages and in-unit laundry connections.

    5500 S Emerson Ave, Indianapolis, IN 46237

    View details

    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.

    Wooded Rural Residential Build Site
    $45,000
    0.39 Acres
    Wooded Rural Residential Build Site

    Wooded lot in a rural residential subdivision, offering a build site for a home or barn.

    4810 N Centerline Road, Whiteland, IN 46184

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    Commercial Land with Highway Frontage
    $1,695,000
    10.50 Acres
    Commercial Land with Highway Frontage

    A 10.5-acre mixed residential and general commercial zoned site with existing curb cut and ready access features.

    6540 N Us Highway 31, Whiteland, IN 46184

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    Nineveh Land with Utilities
    $65,000
    2.02 Acres
    Nineveh Land with Utilities

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

    7843 S Georgetown Road, Nineveh, IN 46164

    View details
    Residential Walkout Basement Lot
    $146,900
    0.53 Acres
    Residential Walkout Basement Lot

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

    5051 Nottinghill Court, Greenwood, IN 46143

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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
    Lot: 5.60 Acres
    Value Estimation by Request
    Gtwy Dr

    0 Gtwy Dr, Franklin, IN 46131

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    2662 Us 31
    Land
    Value Estimation by Request

    2662 Us 31, Franklin, IN 46131

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    4721 In-135
    Land
    Lot: 9.80 Acres
    Value Estimation by Request

    4721 In-135, Franklin, IN 46131

    View details
    512 S
    Land
    Value Estimation by Request

    512 S, Franklin, IN 46131

    View details
    3090 Morton St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.70 Acres
    Value Estimation by Request

    3090 Morton St, Franklin, IN 46131-9626

    View details
    3090 Morton St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 13.03 Acres
    Value Estimation by Request

    3090 Morton St, Franklin, IN 46131-9626

    View details

    Franklin, IN Residential Income Properties Market Trends and Statistics

    Explore 8 residential income properties for sale in Franklin, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $645,000.

    Sale prices for residential income properties in Franklin, IN start at $310,000, averaging $322,500, and reaching up to $335,000 — 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 2
    Quadplexes 2

    Demographics Overview

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

    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

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

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