$350,000

147 E King St Franklin, IN 46131

Estimated payment $2,356/month

Total Views 146
4 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Downtown Franklin Multifamily 4 Unit fully leased and available now! Opportunity for a value add and priced to sell! Great Location Right on King St. just blocks from all of the Downtown Franklin Amenities !

Listing Agent

Austin Smythe

Smythe & Co, Inc License #RB14048751 Listed on: 11/18/2025

Co-Listing Agent

Michelle McClain

Smythe & Co, Inc License #RB14049982

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,082

Year Built

  • Built in 1930

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Balcony
  • Outdoor Storage

Additional Features

  • 4,609 Sq Ft Lot
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • George Kings Franklin Twp Subdivision

Listing and Financial Details

  • The owner pays for insurance, lawncare, taxes, sewer, trash collection, water
  • Tax Lot 13
  • Assessor Parcel Number 410814043011000009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,082

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1930
  • Co List Office Phone: 317-691-4029
  • Lot Size Acres: 0.11
  • Road Surface Type: Asphalt
  • Structure Type: Quadruplex
  • Subdivision Name: George Kings Franklin Twp
  • Transaction Type: Sale
  • Website: www.smytherealestate.com
  • Conversion: No
  • Multi Rooms: 12
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Levels: Two
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Owner Pays: Insurance, Lawncare, Taxes, Sewer, Trash Collection, Water
  • Possible Use: Apt<20

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Vinyl Siding
  • Direction Faces: North
  • Exterior Features: Balcony, Storage
  • Foundation Details: Brick/Mortar
  • View Y N: No
  • Waterfront: No
  • Road Access: Frontage Road

Garage/Parking

  • Unit Parking: On Street,Other

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Hot Water
  • Laundry Features: Other
  • Security Features: Smoke Detector(s)
  • Solid Waste: No

Lot Info

  • Lot Features: Access
  • Additional Parcels: No
  • Current Use: Apt<20, Residential
  • Lot Size Sq Ft: 4609
  • Parcel Number: 410814043011000009
  • Zoning: RTN
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: Electricity, Fees, Insurance

Multi Family

  • Net Operating Income: 14979
  • Insurance Expense: 2547

Tax Info

  • Tax Annual Amount: 6082
  • Tax Lot: 13
  • Semi Annual Property Tax Amt: 3041
  • Tax Exemption: None

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2025 11/18/25 For Sale $350,000 0.0% --
12/14/2023 12/14/23 Rented $829 -5.7% --
08/31/2023 08/31/23 For Rent $879 0.0% --
06/29/2015 06/29/15 Sold $140,000 -12.5% $80 / Sq Ft View Prior Sale
05/23/2015 05/23/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $160,000 -- $92 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22073466

MIBOR Broker Listing Cooperative®
Indiana Johnson County Franklin 46131

147 E King St, Franklin, IN

For Sale

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MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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Austin Smythe
Listing Agent
Austin Smythe
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Smythe & Co, Inc
(317) 593-8420