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    • $575,000

    201 W Palmer St, Frankfort, IN 46041

    16beds
    6,780sqft
    Multi Family
    Built in 1976
    -- sqft lot
    $716,200 Zestimate®
    $--/sqft
    $1,082 Estimated rent

    Home value

    $716,200

    $652,000 - $788,000

    $1,082/mo

    Zestimate® history
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    What's special

    This meticulously maintained, all brick apartment complex represents a prime investment opportunity in the thriving real estate market of Frankfort, Indiana. With a convenient location, income- producing potential, and a majority of units recently remodeled, this property offers a solid foundation for long-term returns. Don't miss the chance to secure your position in this lucrative market. Contact us today for more information and to schedule a showing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Erin Walker Agt:765-242-4814,

    BerkshireHathaway HS IN Realty

    Bought with:

    Courtney Lendman, RZB15000709

    Keller Williams Lafayette

    Source: IRMLS,MLS#: 202333599MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater
    Features
    • Laminate Counters
    • Flooring: Carpet, Vinyl
    • Basement: Crawl Space,Block
    Interior area
    • Total structure area: 6,780
    • Total interior livable area: 6,780 sqft
    • Finished area above ground: 6,780
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 8
    • Parking features: Off Street, On Street, Off Street Parking, Gravel
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.3 Acres
    • Dimensions: 66 x 200
    • Features: 0-2.9999, City/Town/Suburb, Landscaped
    Details
    • Additional structures: Shed(s)
    • Parcel number: 121003456007.000021

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1976

    Utilities & green energy

    • Gas: CenterPoint Energy
    • Sewer: City
    • Water: City
    • Utilities for property: Cable Connected

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Frankfort

    Financial & listing details

    • Annual tax amount: $3,179
    • Date on market: 10/3/2023
    • Inclusions: Building
    • Lease term: Month To Month,12 Months
    • Tenant pays: Cable TV, Electricity, Fuel

    Price history

    DateEventPrice
    6/25/2026Listing removed$990
    Source: Zillow Rentals Report a problem
    6/12/2026Price change$990-5.6%
    Source: Zillow Rentals Report a problem
    6/9/2026Listed for rent$1,049
    Source: Zillow Rentals Report a problem
    5/12/2026Listing removed$1,049
    Source: Zillow Rentals Report a problem
    4/28/2026Listed for rent$1,049-4.5%
    Source: Zillow Rentals Report a problem
    4/10/2026Listing removed$1,099
    Source: Zillow Rentals Report a problem
    4/4/2026Listed for rent$1,099+11%
    Source: Zillow Rentals Report a problem
    11/24/2025Listing removed$990
    Source: Zillow Rentals Report a problem
    11/23/2025Price change$990+4.2%
    Source: Zillow Rentals Report a problem
    11/17/2025Listed for rent$950-4%
    Source: Zillow Rentals Report a problem
    11/4/2025Listing removed$990
    Source: Zillow Rentals Report a problem
    11/3/2025Price change$990-5.3%
    Source: Zillow Rentals Report a problem
    10/28/2025Price change$1,045-0.5%
    Source: Zillow Rentals Report a problem
    10/20/2025Price change$1,050-4.5%
    Source: Zillow Rentals Report a problem
    9/9/2025Listed for rent$1,100+15.8%
    Source: Zillow Rentals Report a problem
    10/4/2024Listing removed$950+29.3%
    Source: Zillow Rentals Report a problem
    5/3/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/3/2024Listed for rent$735
    Source: Zillow Rentals Report a problem
    10/2/2023Sold$575,000-1.7%
    Source: IRMLS #202333599 Report a problem
    9/21/2023Pending sale$585,000
    Source: IRMLS #202333599 Report a problem
    9/15/2023Listed for sale$585,000
    Source: IRMLS #202333599 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 46041

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Suncrest
    • Middle: Frankfort
    • High: Frankfort
    • District: Community Schools of Frankfort

    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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    An equal housing lender. NMLS #10287.

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