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  • $277,500

    298 N Water St, Franklin, IN 46131

    4beds
    4baths
    --sqft
    Multi Family, Quadruplex
    Built in 1870
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,842 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,842/mo

    Zestimate® history
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    What's special

    Investors! Check out this 4-unit multifamily property at 298 N. Water 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 147 E. King St ( 22108989 ) just around the corner.

    Zillow last checked:

    Listing updated:

    Listed by:

    Donald Kuroiwa DKuroiwa@TruebloodRE.com,

    Trueblood Real Estate

    Bought with:

    Joshua Carpenter

    Trueblood Real Estate

    Source: MIBOR as distributed by MLS GRID,MLS#: 22109011MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Main level bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Wall Unit(s)
    Appliances
    • Laundry: Connections Some
    Features
    • Basement: Cellar

    Property

    Parking
    • Details: Unit Parking(On Street)
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Balcony
    Lot
    • Size: 6,534 Square Feet
    • Features: Sidewalks
    Details
    • Parcel number: 410814042092000009
    • Zoning: RTN
    • Special conditions: As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family, Quadruplex
    Materials
    • Vinyl Siding
    • Foundation: Brick/Mortar
    • Roof: Asphalt
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1870

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: George Kings Franklin Twp
    Location
    • Region: Franklin

    Financial & listing details

    • Annual tax amount: $6,082
    • Date on market: 6/19/2026
    • Cumulative days on market: 53 days
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    9/29/2026Sold$277,500-14.6%
    Source: MIBOR as distributed by MLS GRID #22109011 Report a problem
    8/11/2026Pending sale$324,900
    Source: MIBOR as distributed by MLS GRID #22109011 Report a problem
    7/25/2026Price change$324,900-2.7%
    Source: MIBOR as distributed by MLS GRID #22109011 Report a problem
    7/8/2026Price change$334,000-0.3%
    Source: MIBOR as distributed by MLS GRID #22109011 Report a problem
    6/19/2026Listed for sale$335,000-4.3%
    Source: MIBOR as distributed by MLS GRID #22109011 Report a problem
    2/10/2026Listing removed$350,000
    Source: MIBOR as distributed by MLS GRID #22073458 Report a problem
    1/14/2026Listed for sale$350,000
    Source: MIBOR as distributed by MLS GRID #22073458 Report a problem
    12/29/2025Pending sale$350,000
    Source: MIBOR as distributed by MLS GRID #22073458 Report a problem
    12/24/2025Listed for sale$350,000
    Source: MIBOR as distributed by MLS GRID #22073458 Report a problem
    11/28/2025Pending sale$350,000
    Source: MIBOR as distributed by MLS GRID #22073458 Report a problem
    11/18/2025Listed for sale$350,000+89.2%
    Source: MIBOR as distributed by MLS GRID #22073458 Report a problem
    1/30/2015Sold$185,000-5.8%
    Source: MIBOR as distributed by MLS GRID #21319439 Report a problem
    10/24/2014Listed for sale$196,310+51%
    Source: Smythe & Co. Real Estate #21319439 Report a problem
    8/2/2009Listing removed$130,000
    Source: Homes.com #2903966 Report a problem
    6/21/2009Price change$130,000+10.2%
    Source: Homes.com #2903966 Report a problem
    5/22/2009Price change$118,000-9.2%
    Source: XDeadline.com Inc #2903966 Report a problem
    5/2/2009Listed for sale$130,000
    Source: XDeadline.com Inc #2903966 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 46131

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Franklin Community Middle School
    • High: Franklin Community High School

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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