Skip main navigation
Active
  • $575,000

    258 Main Ave #1-8, Frankfort, IN 46041

    6beds
    8,234sqft
    : 
    Eightplex
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Detached garageCharming covered front porchLarge carportIn-building laundry facility
    This fully rented 8-plex is an incredible investment opportunity, offering steady income from day one. Each unit is occupied, providing immediate cash flow, while the property itself has a range of desirable features. A detached garage, already rented, along with a large carport for additional covered parking. Tenants enjoy the convenience of an in-building laundry facility located in the basement, making day-to-day living even easier. The charming covered front porch creates a welcoming entrance, adding to the character of this well-maintained building. With solid rental history and multiple income-generating spaces, this property is a must-see for any investor looking to expand their portfolio.
    33 days
    on Zillow
    |
    1,080
    |
    16
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 26, 2025 at 05:36am

    Listed by:

    Jazah J Jones Agt:765-670-9065,

    BerkshireHathaway HS IN Realty

    Source: IRMLS,MLS#: 202509549MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 258 Main Ave #1-8.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Carpet, Vinyl
    • Basement: Full,Unfinished,Block
    Interior area
    • Total structure area: 10,622
    • Total interior livable area: 8,234 sqft
    • Finished area above ground: 8,234
    • Finished area below ground: 0
    Video & virtual tour

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport, Detached, Garage, Gravel, Parking Lot, Off Street, Private, Unpaved, Other, Off Street Parking
    • Garage spaces: 2
    • Carport spaces: 3
    • Covered spaces: 5
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Story
    • Stories: 3
    • Patio & porch: Porch Covered
    Lot
    • Size: 0.77 Acres
    • Dimensions: 130x255
    • Features: Irregular Lot, City/Town/Suburb
    Details
    • Additional structures: Second Garage
    • Parcel number: 121010455018000021
    • Zoning: R1
    • Zoning description: 4-6 Family R 01

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Eightplex
    Materials
    • Vinyl Siding
    • Foundation: Basement
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Electric: Frankfort Munic. Util.
    • Gas: CenterPoint Energy
    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Features: Laundry Facilities
    • Subdivision: None
    Location
    • Region: Frankfort

    Financial & listing details

    • Annual tax amount: $3,307
    • Date on market: 3/24/2025
    • Listing terms: Cash,Conventional
    • Inclusions: Building, Land
    • Lease term: 12 Months
    • Total actual rent: 52860
    • Tenant pays: Electricity, Fuel
    • Road surface type: Gravel
    • Loading
    • Loading