Frankfort, IN Multifamily Homes & Duplexes for Sale

/26
$130,000
- 7 Beds
- 4 Baths
- 2,905 Sq Ft
453 E Walnut St, Frankfort, IN 46041

Huge investment opportunity with a clean slate to make it exactly how you want it. Come see this very large fourplex very close to downtown Frankfort. This complex has a three bedroom unit, a one bedroom unit and two of the two bedroom units as it is and ready for someone to bring it back to life! There is a lot of potential for some real cashflow with this property for the right savvy investor.

Scott Irons Snyder Strategy Realty, Inc

453 E Walnut St, Frankfort, IN 46041
Explore Frankfort
/12
$250,000
- 3 Beds
- 3 Baths
- 1,820 Sq Ft
455 E Barner St, Frankfort, IN 46041

This beautifully renovated triplex is the perfect blend of modern updates and income potential. Each of the three units has been thoughtfully remodeled from top to bottom, featuring brand-new flooring, fresh interior and exterior paint, updated doors and trim, and new windows throughout. Ideal for investors or those looking to live in one unit while renting the others. Don?t miss your chance to

Spencer Childers Keller Williams Lafayette

455 E Barner St, Frankfort, IN 46041
/21
$265,000
- 2 Beds
- 2 Baths
- 1,536 Sq Ft
2696 E Michigantown Rd, Frankfort, IN 46041

**Charming 2-Bedroom Home on 1.56 Acres with Abundant Potential** Nestled on 1.56 acres of picturesque land, this inviting home offers the perfect blend of comfort and space. The main level features two spacious bedrooms and two full bathrooms, providing both convenience and privacy. The large eat-in kitchen is ideal for family gatherings or casual dining. Upstairs, the finished attic space

Nubia Medina BerkshireHathaway HS IN Realty

2696 E Michigantown Rd, Frankfort, IN 46041
/10
$449,000
- 6 Beds
- 8 Baths
- 8,234 Sq Ft
258 Main Ave Unit 1-8, Frankfort, IN 46041

This fully rented 8-plex is an incredible investment opportunity, offering steady income from day one. Each unit is occupied, providing immediate cash flow, while the property itself has a range of desirable features. A detached garage, already rented, along with a large carport for additional covered parking. Tenants enjoy the convenience of an in-building laundry facility located in the

Jazah Jones BerkshireHathaway HS IN Realty

258 Main Ave Unit 1-8, Frankfort, IN 46041

Indiana Clinton County Frankfort

Why Live in Frankfort

Frankfort, Indiana, a small city of nearly 17,000 residents, is located less than 50 miles northwest of Indianapolis. The city boasts historic architecture, with notable landmarks such as "Old Stoney," a former 1892 sandstone schoolhouse now housing the Clinton County Historical Society and Museum, and the Clinton County Courthouse with its distinctive dome and clock. Downtown Frankfort features murals that depict the city's vibrant history. Known for its manufacturing sector, Frankfort is home to two Frito-Lay plants and the Donaldson Company, providing significant employment opportunities. Housing in Frankfort is affordable, with a median home price around $200,000, featuring a mix of Victorian-era homes, Queen Annes, brick Federal-styles, cottages, and bungalows. The city has a lower crime rate compared to the national average. Frankfort hosts annual events like the Hot Dog Festival and the Hispanic Heritage Festival, celebrating its diverse community. Residents enjoy green spaces such as Circle Park and Dorner Park, as well as TPA Park, which includes a petting zoo and various sports facilities. The local dining scene is rich with Mexican restaurants and markets, alongside other eateries and grocery stores like Walmart and Aldi. State Highway 39 provides connectivity to Indianapolis, and the nearest commercial airport is Indianapolis International Airport, 50 miles away.

Learn more about living in Frankfort

Home Trends in Frankfort, IN

On average, homes in Frankfort, IN sell after 35 days on the market compared to the national average of 70 days. The median sale price for homes in Frankfort, IN over the last 12 months is $304,900, up 7% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$304,900

Median Single Family Sale Price

$304,900

Average Price Per Sq Ft

$133

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

0.70

Median List Price

$307,400

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Frankfort, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $130,000 to $449,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Frankfort is $307,400, while the average sale price is $311,366, offering insights into the local housing market. On average, multi-family homes spend 35 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Frankfort, IN.

Frankfort Types of Homes for Sale

Frankfort Homes for Sale

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