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Pending
    • Price cut: $9.1K (7/25)
    $324,900

    298 N Water St, Franklin, IN 46131

    4beds
    4baths
    --sqft
    : 
    $2,050/mo
    Get pre-qualified
    Multi Family, Quadruplex
    Built in 1870
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    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.
    67 days
    |
    677
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Donald Kuroiwa 317-435-3580,

    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: 68 days
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        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.

        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 46131

        Getting around

        82 / 100
        Very Walkable
        69 / 100
        Bikeable

        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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