Investor Opportunity! Fully leased triplex located within walking distance of downtown Delphi. Property includes three income-producing units, all with leases in place into 2027. Tenants pay their own electric. Unit 409: Currently used as a daycare. This unit could easily be converted to a 3-bedroom apartment. Unit 413: 1-bedroom apartment. Unit 407: 2-bedroom apartment. Parking & Storage include 1 garage currently used for storage for day care center, 1 attached carport (1 parking space); 1 detached carport (3 parking spaces); 1 additional parking space on an open cement slab. With a solid rental history and flexible future use, this makes this a strong addition to any investment portfolio.
Closed
$230,150
409 E Franklin St, Delphi, IN 46923
6beds
1,932sqft
Triplex
Built in 1959
-- sqft lot
$231,500 Zestimate®
$--/sqft
$1,317 Estimated rent
Home value
$231,500
Estimated sales range
Not available
$1,317/mo
Zestimate® history
Owner options
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$1,317/mo
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$1,317/mo
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$1,417/mo
Est. payment
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$1,417/mo
Est. payment
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Parking and storage
Zillow last checked:
Listing updated:
Listed by:
Judith Wilson Agt:765-564-9822,
Joan Abbott Real Estate
Bought with:
Joan Abbott, RB14025729
Joan Abbott Real Estate
Source: IRMLS,MLS#: 202609260
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
Features
- Laminate Counters
- Flooring: Vinyl Tile
- Basement: Crawl Space,Partial,Block,Stone
Interior area
- Total structure area: 2,668
- Total interior livable area: 1,932 sqft
- Finished area above ground: 1,932
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Carport, Attached, Gravel, Off Street, On Street, Other, Off Street Parking
- Attached garage spaces: 2
- Carport spaces: 3
- Covered spaces: 5
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,187 sqft
- Dimensions: 60x120
- Features: Level, City/Town/Suburb, Landscaped
Details
- Additional structures: None
- Parcel number: 080629011068.000007
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: None
- Sewer: City
- Water: City
- Utilities for property: Cable Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Delphi
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 31200
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Sold | $230,150-9.6% |
Source:  IRMLS #202609260 Report a problem | ||
| 3/27/2026 | Pending sale | $254,500 |
Source: IRMLS #202609260 Report a problem | ||
| 3/20/2026 | Listed for sale | $254,500+239.8% |
Source: IRMLS #202609260 Report a problem | ||
| 2/1/2020 | Listing removed | $74,900$39/sqft |
Source: VOGEL REAL ESTATE #202002474 Report a problem | ||
| 1/21/2020 | Listed for sale | $74,900-5.8%$39/sqft |
Source: VOGEL REAL ESTATE #202002474 Report a problem | ||
| 5/16/2019 | Listing removed | $79,500$41/sqft |
Source: VOGEL REAL ESTATE #201846422 Report a problem | ||
| 3/15/2019 | Price change | $79,500-7.5%$41/sqft |
Source: VOGEL REAL ESTATE #201846422 Report a problem | ||
| 10/15/2018 | Listed for sale | $85,900-3.5%$44/sqft |
Source: VOGEL REAL ESTATE #201846422 Report a problem | ||
| 9/4/2010 | Listing removed | $89,000$46/sqft |
Source: Zook Realty GMAC Real Estate #9945579 Report a problem | ||
| 6/6/2010 | Price change | $89,000-10.1%$46/sqft |
Source: Systems Engineering, Inc. #19426 Report a problem | ||
| 11/26/2009 | Listed for sale | $99,000+456.3%$51/sqft |
Source: Systems Engineering, Inc. #19426 Report a problem | ||
| 2/23/1998 | Sold | $17,796$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,288 +49.5% | $241,900 +13.1% |
| 2024 | $2,869 +68.2% | $213,800 +50.2% |
| 2023 | $1,706 +8.7% | $142,300 +66.8% |
| 2022 | $1,570 | $85,300 +8.7% |
| 2021 | $1,570 -20.7% | $78,500 |
| 2020 | $1,980 | $78,500 -20.7% |
| 2019 | $1,980 -3.6% | $99,000 |
| 2018 | $2,054 | $99,000 -3.6% |
| 2017 | -- | $102,700 |
| 2016 | $2,024 -0.1% | $102,700 +1.4% |
| 2014 | $2,026 +3.5% | $101,300 +3.5% |
| 2013 | $1,958 -0.7% | $97,900 -0.7% |
| 2012 | $1,972 +8.8% | $98,600 +8.8% |
| 2011 | $1,812 | $90,600 |
| 2010 | $1,812 | $90,600 |
| 2009 | $1,812 -38.2% | $90,600 +3% |
| 2007 | $2,930 +19.6% | $88,000 +17% |
| 2006 | $2,450 | $75,200 |
Find assessor info on the county website
Neighborhood: 46923
Nearby schools
GreatSchools rating
- 7/10Delphi Community Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 7/10Delphi Community Middle SchoolGrades: 6-8Distance: 1 mi
- 5/10Delphi Community High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Delphi Community
- Middle: Delphi Community
- High: Delphi
- District: Delphi 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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- Indiana
- Carroll County
- Delphi
- 46923
- 409 E Franklin St
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