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Explore Similar Apartments Within 2 Miles of Franklin, IN

  • /19

    $99,000

    • 4 Beds
    • 2 Baths
    • 2,322 Sq Ft

    670 S 38th St, Louisville, KY 40211

    Attention investors don't miss this opportunity to add some TLC to make this duplex ready to lease or convert to a single-family home. With the right financing new home buyer could live rent free by occupying one unit and leasing the other. Schedule a showing today!

    Agent Photo

    Yalonda Buckner

    Buckner Real Estate Services, LLC

    (502) 369-0785

    670 S 38th St, Louisville, KY 40211
  • /16

    $245,000

    • 6 Beds
    • 1 Bath
    • 2,340 Sq Ft

    922 S 43rd St, Louisville, KY 40211

    Great investment! Duplex: 3 bedroom one bath units, shared laundry hookups in basement. Close to Chickasaw Park. First floor unit renovated, KHC approved, roof is only one year old. New staircase on the exterior, market rent is 1400.00 per unit. Nice back yard, each unit has seperate driveway. Long term tenant in place. Please see private notes.

    Winona Ridgway Ridgway Real Estate Group

    922 S 43rd St, Louisville, KY 40211
  • /63

    $244,900

    • 4 Beds
    • 4 Baths
    • 2,272 Sq Ft

    1433 Beech St, Louisville, KY 40211

    Completely renovated multi-unit home, ideal for investors or owner-occupants! Each spacious unit boasts an open-concept living room and kitchen, featuring sleek granite countertops and modern finishes. Both units offer 2 Bedrooms, 1 Full bath, and their own Laundry closets. Enjoy private outdoor living with separate wooden decks for each unit. Each unit has separate electric and gas meters,

    Sandra Case-Rodgers Schuler Bauer Real Estate Services ERA Powered

    1433 Beech St, Louisville, KY 40211
  • /17

    $115,000

    • 2 Beds
    • 2 Baths
    • 2,028 Sq Ft

    131 N 38th St, Louisville, KY 40212

    Opportunity is Knocking!This duplex features two 1-bedroom/1-bath units located at the corner of Duncan & North 38th, in a friendly and desirable rental area of Louisville. Both units are super spacious and require only minimal updates to be rent-ready.When fully occupied, this property has the potential to generate approximately $1,800 per month in rental income. Each unit is separately

    Sharon Bell BellMan Realty LLC

    131 N 38th St, Louisville, KY 40212
  • /19

    $135,000

    • 5 Beds
    • 2 Baths
    • 2,416 Sq Ft

    1418 Catalpa St, Louisville, KY 40211

    Opportunity is Knocking!This duplex features one 2-bedroom/1-bath and one 3-bedroom/1-bath units located in a friendly and desirable rental area of Louisville. Both units are spacious and require only minimal updates to be rent-ready.When fully occupied, this property has the potential to generate approximately $2,700 per month in rental income(based on HUD Rent Payment Standards). Each

    Sharon Bell BellMan Realty LLC

    1418 Catalpa St, Louisville, KY 40211
  • /13

    $1,200,000

    • 24 Beds
    • 12 Baths
    • 11,400 Sq Ft

    1908 Crums Ln, Shively, KY 40216

    Discover an exceptional turnkey investment opportunity in the heart of Louisville. This fully occupied, well maintained 12 unit apartment building is a solid mix of comfort, convenience, and income potential. Located in a high-demand rental area with easy access to public transportation, schools, shopping, and major highways. Each of the 12 units has approximately 950 sf of living space,

    Cathy Miller Coldwell Banker McMahan

    1908 Crums Ln, Shively, KY 40216
  • /24

    $69,500

    • 2 Beds
    • 2 Baths
    • 1,056 Sq Ft

    2023 S 41st St, Louisville, KY 40211

    ATTENTION INVESTORS---Income producing duplex, adding valuable addition to your portfolio. Work has been started, with new siding, fresh paint, and some drywall repair. All ceilings in one unit are also completed. Just needs someone to come in and get it to the finish line. This could be a quick in and out project for first time investors to jump on. Located on private dead end street.

    Tifany Torok Exit Realty Crutcher

    2023 S 41st St, Louisville, KY 40211
  • /10

    $340,000

    • 4 Beds
    • 4 Baths
    • 4,370 Sq Ft

    1010 E Spring St, New Albany, IN 47150

    Turnkey Fourplex - Fully Occupied in New Albany! HISTORIC DISTRICTInvestors - this is the one you've been waiting for! Four 1-BR, 1-BA units, all with long-term tenants and zero vacancies for years. Located in a sought-after New Albany area, this property is primed for steady income from day one.✨ Brand new roofs on every structure✨ All furnaces & water heaters

    Darlene Hirth Exit Realty Crutcher

    1010 E Spring St, New Albany, IN 47150
  • /13

    $252,500

    • 8 Beds
    • 4 Baths
    • 5,208 Sq Ft

    4120 Garland Ave, Louisville, KY 40211

    Listed this 4-plex, located in Louisville's historic West End, features four two-bedroom, one-bathroom units, plus an additional unfinished unit in the basement that could be developed as a fifth unit. The property includes four refrigerators, four stoves, four water heaters, and four furnaces. The owner pays water/sewer/trash and tenants pay gas and electric. Apt 1 is rented for $650, apt 4 is

    Chad Guelda PML Real Estate Group LLC

    4120 Garland Ave, Louisville, KY 40211
  • /31

    $599,900

    • 4,928 Sq Ft

    4143 Hillview Ave, Louisville, KY 40216

    Great opportunity to own a cash flowing 8-plex. Located in the heart of Shively This property has 4-One bedroom One bathroom units and 4-Two Bedroom One Bathroom Units. Units have been updated when tenants move out, with new carpet, paint, and several new appliances. This professionally managed property makes for a great addition to any portfolio. 1 vacant unit currently being advertised to

    Joe Barnett PML Real Estate Group LLC

    4143 Hillview Ave, Louisville, KY 40216
  • /20

    $278,477

    • 5 Beds
    • 3 Baths
    • 6,322 Sq Ft

    749 S 43rd St, Louisville, KY 40211

    Rare Multi-Use Opportunity in Louisville! ***owner financing available-see last photo for details*** Built in 1925 and bursting with potential, this versatile Louisville home offers the perfect setup for a single-family residence, duplex, or even triplex-style living. With 5 total bedrooms, 2 bathrooms, 2 kitchens, and 3 private entrances, this property is a goldmine for investors or anyone

    Amanda Griffis Grateful Acres Realty

    749 S 43rd St, Louisville, KY 40211
  • /18

    $425,900

    • 8 Beds
    • 6 Baths
    • 3,468 Sq Ft

    1731 Meyers Ln, Louisville, KY 40216

    Excellent opportunity to own an income-producing 5-plex. The property has a 4x2 single-family home in the front and a 4-unit apartment building in the back. The apartments are one bedroom, one bath each. All units have been remodeled since the current owners purchased the property in 2021. Don't miss the chance to add this property to your portfolio.

    Pavel Reyes ZHomes Real Estate

    1731 Meyers Ln, Louisville, KY 40216
  • /15

    $225,000

    3536 Greenwood Ave, Louisville, KY 40211

    This versatile mixed-use building offers excellent potential for both investment and owner-occupancy. The property features two street-level retail spaces, ideal for a variety of businesses, paired with a spacious residential apartment on the upper floor.Whether you're seeking a lucrative commercial investment or a property that blends both work and home life, this building offers the

    Antecia Whitehead Inclusive Realty, LLC

    3536 Greenwood Ave, Louisville, KY 40211

Why Live in Franklin

Franklin, located on the outskirts of New Albany, Indiana, offers a rural atmosphere with a mix of new constructions and older homes, including bungalows, ranch-styles, and Colonial Revival designs. The neighborhood is characterized by its expansive farmland, wooded hills, and river views, providing residents with a sense of privacy and natural beauty. Planned communities like Poplar Wood feature large traditional and Classical Revival estates. Franklin is just 9 miles from Louisville, making it convenient for accessing city amenities. Students attend highly rated schools such as Scribner Middle and New Albany High, known for its award-winning theater program. Shopping and dining options are plentiful, with nearby Georgetown offering spots like Village House Coffee and 812 Pizza, while Downtown New Albany features independent restaurants like Dragon King’s Daughter and The Exchange Pub and Kitchen. Outdoor enthusiasts can enjoy the Campbell-Woodland Nature Trails, Falls of the Ohio State Park, and Garry E. Cavan Park. The Sporting Club at the Farm provides recreational activities such as archery and skeet shooting. Annual events like the Harvest Homecoming Festival and entertainment at Caesars Southern Indiana Hotel and Casino add to the local charm. Despite its rural setting, Franklin is well-connected via major highways, with New Albany just over 6 miles away and Downtown Louisville about 11 miles away. The area has a lower crime rate compared to the national average, contributing to its appeal for potential homebuyers.

Home Trends in Franklin, IN

Housing Trends

Median Sale Price
$414,400
Median Single Family Sale Price
$409,900
Average Price Per Sq Ft
$169
Number of Homes for Sale
7
Last 12 months Home Sales
38
Months of Supply
2.20
Median List Price
$434,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
6%
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