147 E King Street Franklin, IN $ 324,000
147 E King Street
$ 324,000
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147 E King Street

Franklin, IN, 46131
$ 324,000
Baths0.0

Monthly Estimate*

$ 1,995

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Studio

Multi-Family Home for sale in Franklin, IN

for $324,000. This home was built in 1930 on a lot size of 0.11.

Downtown Franklin Multifamily 4 Unit fully leased and available now! Opportunity for a value add and priced to sell! Great Location Right on King St. just blocks from all of the Downtown Franklin Amenities !

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Multi-Family Active

Price

$ 324,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,082

Style

Traditional

Lot Size

0.11

Year Built

1930

Town/City

Franklin

County/Region

Johnson

MLS | Web ID

22073466

Features
General
Heating Hot Water
Cooling Wall Unit(s)
Possession Closing
Roof Asphalt
Zoning RTN
Architectural Style Traditional
Security Features Smoke Detector(s)
Construction Materials Vinyl Siding
Year Built 1930
Tenant Pays Electricity Fees Insurance
Township Franklin
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Current Use Apt<20 Residential
County Johnson
Net Operating Income 14979
Insurance Expense 2547
New Construction N
Property Type Residential Income
Subdivision Name George Kings Franklin Twp
Facing Direction North
Possible Use Apt<20
Status Active
Directions GPS Friendly
City Franklin
High School District Franklin Community School Corp
Number Of Units Total 4
MLS Area 4105 - Johnson - Franklin
Lot Size Square Feet 4609
Current Financing Conventional FHA VA
Additional Parcels Y/N N
Structure Type Quadruplex
Standard Status Active
Tax Lot 13
Legal Description Kings 1st Add Pt Lot 13 (64 Ft Off E End) Mp Franklin Communi
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Interior
Basement Partial Unfinished
Basement (Y/N) Y
Laundry Features Other
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Exterior
Exterior Amenities Balcony Storage
Lot Features Access
Foundation Details Brick/Mortar
Lot Size Acres 0.11
Road Surface Type Asphalt
Waterfront Y/N N
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* Excluded Features
List By
Smythe & Co, Inc

Broker

austin@smytherealestate.com

Email

Affordability Calculator

$2,502
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,995
Monthly Property Taxes
$507
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4045176 Elementary School
4045172 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
12/18/2025 $324,000 -7.43% Price Down
11/18/2025 $350,000 Listed Price

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147 E King Street, Franklin, IN, 46131 is a Multi-Family Home for sale at $324,000 with a lot size of 0.11. 147 E King Street is a studio with 0.0 baths and was built in 1930. The property's zip code is 46131 which is in Franklin, IN