1410 E Jefferson ST, Franklin, IN 46131
1410 E Jefferson ST, Franklin, IN 46131
1410 E Jefferson ST, Franklin, IN 46131
Listed by CRM Properties, Inc
Bought with CRM Properties, Inc
$1,600,000
Est. payment /mo
$1,600,000
Est.Price: ?

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31 Beds
16 Baths
15,568 SqFt
SOLD DATE : 07/29/2026

Key Details

Sold Price $1,600,000

Property Type Other Types

Sub Type Apartment Complex

Listing Status Sold

Purchase Type For Sale

Square Footage 15,568 sqft

MLS Listing ID IRM202610440

Sold Date 07/29/26

Style Traditional

Bedrooms 31

Full Baths 16

HOA Y/N No

Year Built 1967

Annual Tax Amount $16,526

Tax Year 2025

Lot Size 1.650 Acres

Acres 1.65

Lot Dimensions 1.65

Property Sub-Type Apartment Complex

Property Description

Nestled in the heart of Franklin, 1410 E Jefferson Street presents a well-maintained and fully occupied 16-unit investment opportunity comprised of two attractive brick buildings, each containing 8 spacious apartments. Many units have been recently updated with vinyl plank flooring, and each unit features a functional floorplan with a large private patio or balcony, enhancing overall tenant appeal. A common area laundry facility is available for tenant use, providing an additional income stream. The buildings are thoughtfully positioned across from one another, with a large central parking lot offering approximately 40 spaces. Tenants are responsible for all utilities. With consistent rental demand in the Franklin market, this asset presents a compelling opportunity for both stable in-place income and immediate upside, making it an ideal addition for investors seeking a balance of manageability and portfolio growth. Financials available upon request. Seller financing offers will not be considered.

Location

State IN

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Fireplace N

Exterior

Parking Features Parking Lot, Paved

View Y/N true

Total Parking Spaces 40

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water City

Level or Stories Two

New Construction No

Schools

Elementary Schools Webb

Middle Schools Franklin

High Schools Franklin

School District Franklin Community School Corp.

Others

Pets Allowed No

Tax ID 41-08-13-043-096.000-018

Monthly Total Fees $13, 000

Acceptable Financing IRM202610440

Listing Terms IRM202610440

Financing Conventional

Special Listing Condition None

Pets Allowed Yes

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