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  • $160,000

    1636 Franklin St, Martinsville, IN 46151

    2beds
    2baths
    --sqft
    Multi Family, Duplex
    Built in 1950
    -- sqft lot
    $164,800 Zestimate®
    $--/sqft
    $1,097 Estimated rent

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    $1,097/mo

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    $1,097/mo

    Rent Zestimate®

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    $739/mo

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    $739/mo

    Est. payment

    What's special

    !!Attention investors!! Here is the perfect opportunity to own a nice double in this little town! Centerton Indiana is awesome and the cash flow is "Chef's kiss" estimated at 18,000 annual income. Tenant pays gas and electric, each side metered separately, and no water or sewer bill because the home is on a well and has a septic system (newer well pump and seal). Unit facing the south has been recently remolded. There are 2 addresses, the other unit is 6115 Water St. boasting a new shower stall. Exterior landscaping is fresh and new. Taxes are low. Elementary school and playground right down the street. Combined rent is $1650 per month. That's all we know right now!

    Zillow last checked: 7 hours ago

    Listing updated: February 26, 2025 at 03:32pm

    Listing Provided by:

    Beth Adams 317-281-6009,

    Carpenter, REALTORS®

    Bought with:

    Sheila Short

    Indiana Realty Pros, Inc.

    Source: MIBOR as distributed by MLS GRID,MLS#: 21999390MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Main level bathrooms: 1
    Cooling
    • Has cooling: Yes
    Appliances
    • Laundry: No Laundry Facil.
    Features
    • Has basement: No

    Property

    Parking
    • Details: Unit Parking(On Street, Paved Area)
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 6,969 sqft
    • Features: Corner Lot
    Details
    • Parcel number: 550535362006000006

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family, Duplex
    Materials
    • Vinyl Siding
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1950

    Community & neighborhood

    Location
    • Region: Martinsville
    • Subdivision: Hadley Highlands

    Other

    Other facts
    • Road surface type: Asphalt
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    Estimated market value
    $164,800