352 - 354 E South Street Frankfort, IN $ 204,700
352 - 354 E South Street
$ 204,700
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352 - 354 E South Street

Frankfort, IN, 46041
$ 204,700
Bedrooms6 Baths2.2 Sq 2,816

Monthly Estimate*

$ 1,292

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Multi-Family Home for sale in Frankfort, IN

for $204,700 with 6 bedrooms and 2 full baths, 2 half baths. This 2,816 square foot home was built in 1910.

Versatile Duplex Offering Spacious 3-Bedroom Units & Excellent Amenities Great investment or owner-occupant opportunity! This spacious duplex features two generously sized 3-bedroom, 1.5-bath apartments, each offering approximately 1,408 square feet of living space plus a full basement. With a functional two-story floor plan, ample parking, and multiple outdoor living areas, this property offers plenty of space and flexibility for tenants or owner-occupants. Each apartment features a comfortable living room, dining area, kitchen, and half bath on the main level. The kitchen includes an electric range and refrigerator. Upstairs are three bedrooms and a full bathroom, providing a practical layout with the bedrooms separated from the main living areas. Additional space is available in the full basement serving each apartment, ideal for storage, hobbies, a workshop, or other needs. Each unit also has its own covered front porch, deck, and balcony, providing several inviting outdoor spaces to relax and enjoy. Parking is a major convenience with two off-street parking spaces for each apartment, giving the property a total of four off-street spaces. Whether you're looking to expand your rental portfolio, generate rental income while occupying one unit, or purchase a property with strong flexibility, this duplex is worth a look. The combination of spacious floor plans, full basements, dedicated parking, and multiple outdoor amenities makes this a unique opportunity.

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Multi-Family Active

Price

$ 204,700

Bedrooms

6

Full Bath

2

Half Bath

2

Property Type

Multi-Family

Taxes

$ 2,940

Style

Foursquare

Year Built

1910

Town/City

Frankfort

County/Region

Clinton

MLS | Web ID

202635890

Features
General
Heating Gas Forced Air
Cooling Central Air
Sewer Public
Status Active Active
Full Baths 2
Half Baths 2
Bathrooms 4
Year Built 1910
Parking Off Street
New Construction No
Tenant Pays Cable Cooling Deposit Value Electric Fuel Heating Lawn Maintenance Sewer Trash Collection Water
Subdivision None
Style Two Story
Stories Count 2
Township Center
Class INVESTMENT
Type Duplex
Age 116
Net Income 16174.24
Rent Income 20400
Features Basement Ceiling Fan Balcony Countertops-Laminate Deck Open Detector-Smoke Porch Covered Storm Doors Storm Windows Water Heater Gas
REO No
Status Detail 0
Common Amenities None
Area Clinton County
Location City/Town/Suburb
High School Frankfort
City Frankfort
School District Community Schools of Frankfort
Architectural Style Foursquare
Total Sq Ft 2816
Elementary School Blue Ridge / Green Meadows
Middle School Frankfort
Legal Description 016-23261-00 McKinsey Add Pt Lot 6 3788 016-23262-00 McKinsey Add Pt Lot 5 3789-A
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202635890
Agent First Name June
Agent Last Name Palmer
DOM 1
Tax Year 2025 payable 2026
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Interior
Basement Full Basement
Flooring Carpet Vinyl
Beds 6
Total Number of Units 2
Microwaves 0
Refrigerators 2
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 6
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 2
W/D Hookups 2
Basement Material Brick
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Exterior
Exterior Brick Vinyl
Driveway Stone
Pool No
Number of Parking Spaces 4
Lot Size Area 3300
Lot Dimensions 55x60
Lot Description Level
Outbuilding Shed
Water Features None
Waterfront Y/N No
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* Excluded Features
List By
June Palmer

Listing Agent

Raeco Realty

Broker

junepalmer1966@gmail.com

Email

Affordability Calculator

$1,537
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,292
Monthly Property Taxes
$245
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2162280 Elementary School
1236454 Middle School
Frankfort High School High School
Pricing History
DatePricePrice ChangeDescription
9/1/2026$204,700 Listed Price

Map


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352 - 354 E South Street, Frankfort, IN, 46041 is a Multi-Family Home for sale at $204,700 with 2,816 sqft. 352 - 354 E South Street has 6 bedrooms, 2.2 baths, and was built in 1910. The property's zip code is 46041 which is in Frankfort, IN