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Pending
  • Price cut: $99K (5/19)
    $1,600,000

    1410 E Jefferson St, Franklin, IN 46131

    31beds
    15,568sqft
    : 
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    Multi Family
    Built in 1967
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Two attractive brick buildingsFunctional floorplan
    Nestled in the heart of Franklin, 1410 E Jefferson Street presents a well-maintained and fully occupied 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.
    115 days
    |
    69
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Audra Cannon Cell:765-431-9111,

    CRM Properties, Inc

    Source: IRMLS,MLS#: 202610440MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 31
      • Bathrooms: 16
      • Full bathrooms: 16
      Heating
      • Forced Air
      Cooling
      • Central Air
      Features
      • Flooring: Carpet, Mixed, Wood, Vinyl
      • Basement: Crawl Space
      Interior area
      • Total structure area: 15,568
      • Total interior livable area: 15,568 sqft
      • Finished area above ground: 15,568
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 40
      • Parking features: Parking Lot, Paved
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Patio
      • Exterior features: Balcony
      Lot
      • Size: 1.65 Acres
      • Features: Level
      Details
      • Additional structures: None
      • Parcel number: 410813043096.000018

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 1967

      Utilities & green energy

      • Sewer: City
      • Water: City

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Franklin

      Financial & listing details

      • Annual tax amount: $16,526
      • Date on market: 3/27/2026
      • Inclusions: Building, Land, Lease
      • Lease term: 12 Months
      • Total actual rent: 188700
      • Tenant pays: Electricity, Fuel, Sewer, Water

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/29/2026Pending sale$1,600,000
        Source: IRMLS #202610440 Report a problem
        5/19/2026Price change$1,600,000-5.8%
        Source: IRMLS #202610440 Report a problem
        4/28/2026Price change$1,699,000-5.6%
        Source: IRMLS #202610440 Report a problem
        3/27/2026Listed for sale$1,800,000
        Source: IRMLS #202610440 Report a problem
        9/13/2017Listing removed$725
        Source: Zillow Rental Network Report a problem
        6/23/2017Listed for rent$725+20.8%
        Source: Zillow Rental Network Report a problem
        1/2/2015Listing removed$600
        Source: BHHS #21313300 Report a problem
        11/21/2014Price change$600-7.7%
        Source: BHHS #21313300 Report a problem
        11/18/2014Listed for rent$650
        Source: BHHS #21313300 Report a problem

        Public tax history

        Tax history is unavailable.
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46131

        Getting around

        16 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Webb
        • Middle: Franklin
        • High: Franklin
        • District: Franklin Community School Corp.

        Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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