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Off market
  • $204,400

    853 N Clay St, Frankfort, IN 46041

    5beds
    2,443sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $204,400 Zestimate®
    $84/sqft
    $1,275 Estimated rent

    Home value

    $204,400

    $170,000 - $239,000

    $1,275/mo

    Zestimate® history
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    Owner options

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    $1,275/mo

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    $1,275/mo

    Rent Zestimate®

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    $1,293/mo

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    $1,293/mo

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    What's special

    The north side of this duplex features hardwood floors throughout and a large living room and dining room on the first floor as well as the kitchen. The upstairs has 2-3 bedrooms (you walk through one to get to the bother) and the full bath. This side rents for $700 monthly. The south side of the duplex is similar, but has carpet and two bedrooms. This side rents for $625/ month (the tenant gets a $25/ month rate break for mowing the lawn). The split basement has washer and dryer hook ups on both sides and plenty of room for storage. There is a two car garage that the current owners use for storage, but could provide additional rental income. All utilities are metered separately and paid for by the tenants. After taxes and insurance and a two year average of maintenance expenses, the property cash flows over $1000/ month. Both sides are occupied by excellent paying tenants. As this is tenant occupied, all showings will require at least 24 hours notice. A proof of funds or preapproval letter will be required prior to scheduling the showing. The pictures are prior to current tenants occupying the property and are dated. You are not only buying a home, but you’re buying an income steam for years to come!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Carpet, Hardwood, Linoleum / Vinyl
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 2,443 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Features
    • Exterior features: Wood
    Lot
    • Size: 4,620 Square Feet

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1920

    Community & HOA

    Location
    • Region: Frankfort

    Financial & listing details

    • Price per square foot: $84/sqft

    Price history

    DateEventPrice
    12/24/2020Listing removed--
    Source: Owner Report a problem
    9/19/2020Listed for sale$135,000$55/sqft
    Source: Owner Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 46041

    Nearby schools

    GreatSchools rating
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