$4,155

closing credit¹

1101-1103 E Clinton St Frankfort, IN 46041

$349,900
0.2 acres
Multi-Family

Property details

About 1101-1103 E Clinton St

Turnkey 5-Unit Investment Property – Fully Rented & Renovated! Don’t miss this prime investment opportunity! This fully rented, five-unit property brings in a strong monthly rental income of $4,377, with significant potential for increased rents as current rates remain below market value. There are three two-bedroom units, with the highest rent currently at only $1000 per month—leaving ample room for growth! Recently renovated from top to bottom, the property features new siding, windows, gutters, furnace, water heater, and appliances, ensuring low-maintenance ownership and long-term durability. With ample parking for all tenants, this property is both a smart investment and a highly desirable rental option. This is your chance to own a high-performing, income-generating asset with room for growth. Schedule a showing today!

Highlights

Home typeMulti Family
HeatingNatural Gas, Forced Air
StatusActive
CoolingWindow Unit(s)
Lot size0.2 Acres
Year built1900
MLS #202501025

Virtual tour

Summary

  • MLS Number: 202501025
  • Office Name: C&C Home Realty
  • Office Phone: (765) 532-7014
  • Listing Agent: Courtney Lendman

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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snow covered property with a porch

$349,900

1101-1103 E Clinton St

$4,155

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$90,700$2,084
2021$58,200$1,694
2020$58,200$1,651
2019$58,200$1,590
2017$56,400$1,334

History based on county public records data.

Nearby schools

5

Green Meadows Intermediate Elementary School

Public District 3-5

1.1 mi

1900 S Jackson St

4

Suncrest Elementary School

Public District PK-5

1.4 mi

1608 W Kyger St

6

Clinton Prairie Elementary School

Public District PK-6

4.8 mi

2500 S County Road 450 W

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $21,833. Typical income of Frankfort, IN residents is less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

55%
<35k
33%
35k-100k
11%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

40%
Single, No Kids
17%
Single, with Kids
18%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
7%
12-17 yrs old
37%
18-34 yrs old
31%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • MotocrossMotocross

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Family DollarFamily Dollar
  • KmartKmart

Where do the neighbors go to eat?

  • SonicSonic
  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans

What do the neighbors drive?

  • OldsmobileOldsmobile
  • FordFord
  • BuickBuick

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

This home is located at 1101-1103 E Clinton St in Frankfort, IN and zip code 46041. This home, which was built in 1900, sits on a 0.20 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $349,900.

While more than 1 listings in Frankfort, IN in January 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 11 were sold below. Between December and January 2025, Frankfort, IN real estate market has seen increase in the number of listings by 12.7%. Listings spent 58 days on the market in January 2025, and had a median list price of $200,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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