Whether you are a seasoned investor, or just starting out, this 4-plex is ready for you. This home features 4-1 bedroom/1bath efficiency apartments that have been completely remodeled from head to toe. Imagine starting your investment journey with a multi-family property that needs the minimum in savings for those dreaded capital expenditures. Starting from the top; New roof, soffits, gutters and windows. Each apartment has been drywalled and painted. They have been made to withstand wear and tear with water proof flooring. Each bathroom has new vanities, toilets and shower surrounds. Each kitchen has new cabinets, countertops and appliances. Underneath you will find new electrical and plumbing. New HVAC systems and water heaters. Each tenant will have access to your private laundry room located at the back of the home. Included are two sets of coin-operated washer and dryers. Each apartment is metered separately as well! There is plenty of off street parking and a large shed that could be rented out for storage. 3 units remain empty as this property was just finished. Unit 2 is currently leased. This property is a must see!
Pending
$399,900
559 Catterlin St, Frankfort, IN 46041
4beds
3,088sqft
Est.:
Single Family Residence
Built in 1900
10,018.8 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Private laundry roomCoin-operated washer and dryersNew electrical and plumbingWaterproof flooring
- 53 days
- on Zillow |
- 255 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: April 12, 2025 at 08:06am
Listed by:
John Townsend Agt:765-250-0050,
Trueblood Real Estate
Source: IRMLS,MLS#: 202506621

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range/Oven Hook Up Elec, Microwave, Refrigerator, Washer, Dryer-Electric, Electric Range, Electric Water Heater
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Laminate Counters, Entrance Foyer
- Flooring: Other
- Windows: Window Treatments, Blinds
- Basement: Partial,Brick
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,188
- Total interior livable area: 3,088 sqft
- Finished area above ground: 3,088
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Gravel
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Fencing: None
Lot
- Size: 10,018.8 Square Feet
- Dimensions: 56X186
- Features: Level, City/Town/Suburb
Details
- Additional structures: Shed
- Parcel number: 121011104008.000021
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Georgian
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Frankfort
Financial & listing details
- Tax assessed value: $105,600
- Annual tax amount: $2,453
- Date on market: 3/3/2025
- Listing terms: Cash,Conventional
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