This historic 5-unit multifamily property (5-plex) offers a strong income-producing opportunity for both new and experienced investors. The property features a mix of units, each with functional layouts, separate utilities, and consistent rental demand. Each unit includes comfortable living areas, bedrooms, and practical kitchen spaces, making it attractive to long-term tenants. The building has been maintained with attention to key systems, helping reduce immediate capital expenditures. Situated in a desirable downtown location with convenient access to shopping, dining, schools, and major roadways. The location and rental growth potential makes this a desirable property to add to your portfolio!
Active
$399,900
929 Franklin St, Columbus, IN 47201
6beds
6baths
--sqft
Multi Family, Quadruplex
Built in 1890
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 115 days |
- 446 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
Steve Silver 812-525-2336,
RE/MAX Professionals
Source: MIBOR as distributed by MLS GRID,MLS#: 22095668
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Appliances
- Laundry: No Laundry Facil.
Features
- Basement: Full
Property
Parking
- Total spaces: 1
- Parking features: None, Attached
- Has attached garage: Yes
- Details: Unit Parking(1 Car Space, On Street)
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 4,791 Square Feet
- Features: Corner Lot, Sidewalks
Details
- Parcel number: 039524420012400005
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Multi Family, Quadruplex
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1890
Community & HOA
Community
- Features: Low Maintenance Lifestyle
- Security: Smoke Detector(s)
- Subdivision: No Subdivision
Location
- Region: Columbus
Financial & listing details
- Tax assessed value: $351,000
- Annual tax amount: $7,894
- Date on market: 4/29/2026
- Cumulative days on market: 118 days
- Tenant pays: No Fees
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Listed for sale | $399,900+21.2% |
Source:  MIBOR as distributed by MLS GRID #22095668 Report a problem | ||
| 3/15/2026 | Listing removed | $1,000 |
Source: Zillow Rentals Report a problem | ||
| 3/1/2026 | Listed for rent | $1,000 |
Source: Zillow Rentals Report a problem | ||
| 1/25/2022 | Sold | $330,000-2.5% |
Source: MIBOR as distributed by MLS GRID #21811601 Report a problem | ||
| 11/19/2021 | Pending sale | $338,500 |
Source: MIBOR as distributed by MLS GRID #21811601 Report a problem | ||
| 11/9/2021 | Price change | $338,500-3.3% |
Source: MIBOR as distributed by MLS GRID #21811601 Report a problem | ||
| 9/7/2021 | Listed for sale | $349,900 |
Source: MIBOR as distributed by MLS GRID #21811601 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,893 +10.5% | $351,000 |
| 2024 | $7,145 +0.3% | $351,000 +11.5% |
| 2023 | $7,121 +23.9% | $314,700 +0% |
| 2022 | $5,750 +36.3% | $314,600 +25% |
| 2021 | $4,218 +11.2% | $251,700 +36.1% |
| 2020 | $3,793 -10.5% | $185,000 +4% |
| 2019 | $4,238 +88.8% | $177,900 +6.5% |
| 2018 | $2,245 +2.8% | $167,100 +6% |
| 2017 | $2,184 +2.3% | $157,600 |
| 2016 | $2,135 -37.8% | $157,600 +5.2% |
| 2014 | $3,433 | $149,800 -1.1% |
| 2013 | $3,433 +8.1% | $151,400 +7.5% |
| 2012 | $3,175 +4.3% | $140,800 +1.7% |
| 2011 | $3,044 -1% | $138,500 |
| 2010 | $3,075 +11% | $138,500 |
| 2009 | $2,770 | $138,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 47201
Nearby schools
GreatSchools rating
- 4/10Lillian Schmitt Elementary SchoolGrades: PK-6Distance: 1.3 mi
- 6/10Central Middle SchoolGrades: 7-8Distance: 0.3 mi
- 7/10Columbus North High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Lillian Schmitt Elementary School
- Middle: Central Middle School
- High: Columbus North 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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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