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Explore Similar Apartments Within 2 Miles of Franklin, IN

  • 413 S Grove St, Marion, IN 46953
    413 S Grove St, Marion, IN 46953
    413 S Grove St, Marion, IN 46953
    /4

    $120,000

    • 3 Beds
    • 2 Baths

    413 S Grove St, Marion, IN 46953

    Discover a rare opportunity to acquire a fully stabilized duplex in Marion, Indiana. This property is a testament to hands-on management and a strong local rental market, offering investors a reliable and consistent source of income from day one. Investment Highlights: 100% Occupancy: This duplex is currently fully leased with well-vetted tenants, eliminating the risks and costs associated

    Justin Lowe Ellsbury Commerical Group

    413 S Grove St, Marion, IN 46953
  • 613 W Spencer Ave, Marion, IN 46952
    613 W Spencer Ave, Marion, IN 46952
    613 W Spencer Ave, Marion, IN 46952
    /21

    $69,900

    • 10 Beds
    • 4 Baths
    • 2,636 Sq Ft

    613 W Spencer Ave, Marion, IN 46952

    Handyman's Dream! This fourplex is bursting featuring three spacious 3-bedroom units and 1 cozy 1-bedroom unit. Bring your vision & your toolbox to breathe new life into this "solid bones" investment property. With the right touch, you'll unlock impressive cash flow and equity growth in a turn-key neighborhood. Don't miss out!

    Gina Key The Hardie Group

    613 W Spencer Ave, Marion, IN 46952
  • 215 W 7th St, Marion, IN 46953
    215 W 7th St, Marion, IN 46953
    215 W 7th St, Marion, IN 46953
    /11

    $64,900

    • 3 Beds
    • 3 Baths
    • 1,985 Sq Ft

    215 W 7th St, Marion, IN 46953

    Great Investment Opportunity! This duplex has been vacant for over a year and is ready for your vision and updates. One side features 2 bedrooms and 2 full bathrooms, offering spacious living potential, while the other side includes 1 bedroom and 1 bathroom—perfect for a tenant or guest suite. Whether you're looking to renovate and rent both units or live in one and lease the other, this property

    Kayla Poling F.C. Tucker Realty Center

    215 W 7th St, Marion, IN 46953
  • 1024 W 5th St, Marion, IN 46953
    1024 W 5th St, Marion, IN 46953
    1024 W 5th St, Marion, IN 46953
    /20

    $280,000

    • 6 Beds
    • 2 Baths

    1024 W 5th St, Marion, IN 46953

    Unlock the potential of this multi-unit property! This is an excellent chance for investor to acquire a property with strong income-generating possibilities. Property Highlights: - 3 Units generating currently $2500/month - Tenants pay all utilities expect water/sewer - Offer various unit sizes - High rental demand area

    Justin Lowe Ellsbury Commerical Group

    1024 W 5th St, Marion, IN 46953
  • 917 S Miller Ave, Marion, IN 46953
    917 S Miller Ave, Marion, IN 46953
    917 S Miller Ave, Marion, IN 46953
    /9

    $70,000

    • 3 Beds
    • 2 Baths
    • 4,788 Sq Ft

    917 S Miller Ave, Marion, IN 46953

    Amazing opportunities with this beautiful building !! Brick structure in excellent condition would be ideal to remodel into apartments or room for a very large family. 7 rooms on 1st floor, 7rooms on 2nd floor, 2 full baths, full basement. Property has 7 city lots included plus paved alley.

    Kayla Poling F.C. Tucker Realty Center

    917 S Miller Ave, Marion, IN 46953
  • 624 N Washington St, Marion, IN 46952
    624 N Washington St, Marion, IN 46952
    624 N Washington St, Marion, IN 46952
    /19

    $82,000

    • 3 Beds
    • 2 Baths
    • 1,424 Sq Ft

    624 N Washington St, Marion, IN 46952

    DUPLEX ! Great Investment ! Lots Of Storage Space And Built In Cabinet Space ! Beautiful Original Hardwood Floors Throughout The Home ! French Doors That Lead To A Great Size Dinning Room Or Could Be Used For An Office !! Upstairs Offers Vinyl Flooring With Built Ins Through Out ! Large Living Room Area !! With Some TLC This Could Be A Great Investment Opportunity !! Both units are rented !!

    Kayla Poling F.C. Tucker Realty Center

    624 N Washington St, Marion, IN 46952
  • 321 E Grant St, Marion, IN 46952
    321 E Grant St, Marion, IN 46952
    321 E Grant St, Marion, IN 46952
    /11

    $85,000

    • 4 Beds
    • 2 Baths
    • 1,352 Sq Ft

    321 E Grant St, Marion, IN 46952

    This Is A Great Investment Opportunity Close To Downtown Marion And Walking Distance To The YMCA ! Apartment A Has 2 Bedrooms Could Be Used As 3 or Office And 1 Bath, Unfinished Basement ! Beautiful Hardwood Floors Through Out The House, New Countertops, New Flooring In The Kitchen, Gorgeous French Doors ! Washer and Dryer Hook Up, Appliances Remain, Electric Stove, Refrigerator, Gas-Furnace,

    Kayla Poling F.C. Tucker Realty Center

    321 E Grant St, Marion, IN 46952
  • 2516 S Washington St, Marion, IN 46953
    2516 S Washington St, Marion, IN 46953
    2516 S Washington St, Marion, IN 46953
    /21

    $149,900

    • 1 Bed
    • 1 Bath

    2516 S Washington St, Marion, IN 46953

    Mark Jones PMI Midwest

    2516 S Washington St, Marion, IN 46953
Indiana Grant County Marion Franklin

Multi-Family Homes & Duplexes for Sale in Franklin, Marion

Why Live in Franklin
Franklin, a neighborhood in Marion, is characterized by its early 1900s bungalows and Nationals, with telephone wires adding to its historic charm. The Marion water tower is a notable landmark, visible from the sidewalks that connect residents to local amenities like Franklin Park, where children can easily access the playground. The Cardinal Greenway Trail runs along the southern edge, offering a scenic route toward downtown Marion and beyond. Matter Park, located on the northern side of the city, provides over 100 acres of recreational space, including playgrounds, butterfly gardens, and courts for tennis and pickleball. Dining options in Franklin range from chain restaurants on Baldwin Avenue to local spots like Don’s Tap, known for its pub fare and outdoor patio. Grocery shopping is convenient with Ruler Foods and Needler’s Fresh Market about a mile away, and Aldi just 1.5 miles from the neighborhood. The West Marion bus route facilitates easy commuting to downtown and nearby work locations. While the local schools have average ratings, Marion High School offers an Advanced High School Credit program. Franklin's location provides access to community events at Matter Park, such as the Marion Fall Festival and the Walkway of Light during the holiday season.
Learn more about living in Franklin

Home Trends in Franklin, IN

On average, homes in Franklin, Marion sell after 78 days on the market compared to the national average of 52 days. The median sale price for homes in Franklin, Marion over the last 12 months is $68,900, down 8% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$68,900
Median Single Family Sale Price
$76,500
Average Price Per Sq Ft
$58
Number of Homes for Sale
1
Last 12 months Home Sales
17
Months of Supply
0.70
Median List Price
$78,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-8%
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