This well maintained 2-story, 4-unit investment property on Franklin Street is currently Fully occupied with the average tenant length of 4+ years. Situated on a corner lot, the building offers individual entrances for each tenant and ample street parking. The upper units feature private patios, while the lower rear unit boasts an enclosed porch. With new construction just one block away, this well-located property has significant income potential. Don't miss out on this property. Sold AS IS.
Closed
$270,000
1316 Franklin St, Michigan City, IN 46360
6beds
--sqft
Quadruplex
Built in 1873
-- sqft lot
$-- Zestimate®
$--/sqft
$2,881 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 05, 2025 at 07:06am
Listed by:
Kiyah Marshall,
Property Boss 219-801-6123
Bought with:
William Dulin, RB21002343
Listing Leaders
Source: NIRA,MLS#: 815628
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Other
Features
- Other
- Basement: Unfinished
- Has fireplace: No
Interior area
- Finished area above ground: 2,454
Property
Parking
- Parking features: On Street
Features
- Levels: Bi-Level
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 4,656 sqft
- Dimensions: 49 x 95
- Features: Corner Lot
Details
- Parcel number: 460132227002000022
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1873
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Other
Location
- Region: Michigan City
- Subdivision: Land Companys Add
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,VA Loan,Conventional