$299,000
$11K PRICE DROP

Estimated payment $2,239/month

Total Views 5,237
4 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Traditional Architecture
  • Outdoor Storage
  • Hot Water Heating System
  • Balcony

About This Home

Investors! Check out this 4-unit multifamily property at 147 E. King St Franklin IN. All units are currently leased, providing immediate income and stable cash flow. Each unit is a 1 bedroom with 1 full bath. This property benefits from strong demand for affordable, well located housing in the increasingly popular downtown Franklin IN market. Seller prefers to sell with the 4-plex located at 298 N. Water St ( 22109011 ) just around the corner.

Listing Agent

Don Kuroiwa

Trueblood Real Estate Brokerage Email: DKuroiwa@TruebloodRE.com License #RB14038972 Listed on: 06/19/2026

Trueblood Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,160

Year Built

  • Built in 1930

Lot Details

  • 4,617 Sq Ft Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Partial Basement
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Balcony
  • Outdoor Storage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System

Community Details

  • George Kings Franklin Twp Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 410814043011000009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,160

Year Built

Built in 1930

Lot Details

4,617 Sq Ft Lot

Listing Details

  • Property Sub Type: Quadruplex
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2025
  • Year Built: 1930
  • Lot Size Acres: 0.11
  • Road Surface Type: Asphalt
  • Structure Type: Quadruplex
  • Subdivision Name: George Kings Franklin Twp
  • Transaction Type: Sale
  • Conversion: No
  • Multi Rooms: 12
  • Attribution Contact: DKuroiwa@TruebloodRE.com
  • 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: Yes

Lot Info

  • Lot Features: Access
  • Property Attached Yn: No
  • Current Use: Apt<20, Residential
  • Lot Size Sq Ft: 4617
  • Parcel Number: 410814043011000009
  • Zoning: RTN
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 7160
  • Tax Lot: 13
  • Semi Annual Property Tax Amt: 3580

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,161 $323,100 $42,700 $280,400
2024 $6,082 $289,300 $42,700 $246,600
2023 $4,019 $180,600 $26,000 $154,600
2022 $3,909 $175,300 $26,000 $149,300
2021 $3,601 $161,500 $26,000 $135,500
2020 $3,601 $161,500 $26,000 $135,500
2019 $3,557 $159,500 $24,000 $135,500
2018 $3,113 $159,500 $24,000 $135,500
2017 $3,036 $151,800 $24,000 $127,800
2016 $3,176 $151,800 $24,000 $127,800
2014 $3,152 $157,700 $24,000 $133,700
2013 $3,152 $157,600 $24,000 $133,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2026 07/25/26 Price Changed $299,000 -3.2% --
07/08/2026 07/08/26 Price Changed $309,000 -0.3% --
06/19/2026 06/19/26 For Sale $310,000 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®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- None Available
Deed $140,000 --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $960,000 New Conventional
Previous Owner $85,000 Commercial
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22108989

MIBOR Broker Listing Cooperative®
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