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1410 E Jefferson Street

Franklin, IN 46131
  • $1,800,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 202610440
UPDATED: 91 min ago
$1,800,000
  • 31
    BEDS
  • 1.65
    ACRES
  • 16
    BATHS
  • 0
    1/2 BATHS
  • 15,568
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1967
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided by Audra Cannon of CRM Properties, Inc: Cell: 765-431-9111.

Description

Nestled in the heart of Franklin, 1410 E Jefferson Street presents a well-maintained 16-unit investment opportunity comprised of two attractive brick buildings, each containing 8 spacious apartments. Many units have been recently updated with vinyl plank flooring, and each unit features a functional floorplan with a large private patio or balcony, enhancing overall tenant appeal. A common area laundry facility is available for tenant use, providing an additional income stream. The buildings are thoughtfully positioned across from one another, with a large central parking lot offering approximately 40 spaces. Tenants are responsible for all utilities. With consistent rental demand in the Franklin market, this asset presents a compelling opportunity for both stable in-place income and immediate upside, making it an ideal addition for investors seeking a balance of manageability and portfolio growth. Financials available upon request. Seller financing offers will not be considered.

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© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Data last updated: 2026-04-16T00:27:49.783.

www.felecialivingstonrealestate.com/homes/174536216
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1410 E Jefferson Street Franklin, IN 46131

  • Price: $1,800,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 91 min ago
  • MLS #: 202610440
31
Beds
16
Baths
0
½ Baths
1.65
Acres
15,568
SQFT
$116
$/SQFT
1967
Built
Neighborhood:
None
County:
Johnson
Area:
Johnson
Elementary School:
Webb
Middle School:
Franklin
High School:
Franklin
School District:
Franklin Community School Corp.
Property Description
Nestled in the heart of Franklin, 1410 E Jefferson Street presents a well-maintained 16-unit investment opportunity comprised of two attractive brick buildings, each containing 8 spacious apartments. Many units have been recently updated with vinyl plank flooring, and each unit features a functional floorplan with a large private patio or balcony, enhancing overall tenant appeal. A common area laundry facility is available for tenant use, providing an additional income stream. The buildings are thoughtfully positioned across from one another, with a large central parking lot offering approximately 40 spaces. Tenants are responsible for all utilities. With consistent rental demand in the Franklin market, this asset presents a compelling opportunity for both stable in-place income and immediate upside, making it an ideal addition for investors seeking a balance of manageability and portfolio growth. Financials available upon request. Seller financing offers will not be considered.
Exterior Features

Architectural Style Traditional Exterior Brick Lot Description Level Lot Dimensions 1.65 Outbuilding None Parking LotPaved Parking Spaces 40 Pool YN No Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 31 Above Grade Finished Sqft 15568 Above Grade Unfin Sq Ft 0 Amenities BalconyPatio Open Basement Foundation Crawl Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central Air Dishwashers 16 Disposals 0 Dryers 1 Flooring CarpetMixedWoodVinyl Heating Fuel Forced Air Microwaves 0 Ranges Ovens 16 Refrigerators 16 Rooms Below Grade 0 Total Baths 16 Total Below Grade Sqft 0 Total Sq Ft 15568 Wash Dry Hookups 1 Washers 1

Property Features

Annual Electric Expense 965 Annual Fuel Expense 1956 Annual Gross Rent 188700 Annual Insurance Expense 7911 Annual Maint Expense 13000 Annual Misc 0 Annual Net Income 139215 Annual Property Tax 16526 Annual Trash Expense 7840 Annual Water Sewer Exp 1287 Assoc Dues Frequency Not Applicable Auction Y / N No Documents Available Income/ExpensesLBP FormOwners StatementRent Roll Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 15725 Gross Monthly Rent 15725 Lease Term 1 Year New Construction No One Bedrooms 1 Owner Pays Lawn MaintenanceTrash Collection Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Apartment Complex Reo YN No Sale Includes BuildingLandLease Sewer City Tenant Pays ElectricFuelSewerWater Three Bedrooms 0 Township Needham Two Bedrooms 15 Units Rented 14 Water Utility City Year Taxes Payable 2025

Listing provided by Audra Cannon of CRM Properties, Inc: Cell: 765-431-9111.

© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty.


© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Data last updated: 2026-04-16T00:27:49.783.

 
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Keller Williams Realty
Lafayette, West Lafayette
and Kokomo IN,
Listing provided by Audra Cannon of CRM Properties, Inc: Cell: 765-431-9111.