Tour
$2,969 Closing Credit¹
#202516676, Spencer Childers, Listing Office: Keller Williams Lafayette
$474,900 List price
258 Main Ave Unit 1-8 Frankfort, IN 46041
$5,639
Closing credit¹
0.8 acres
Multi-Family
Property details
About 258 Main Ave Unit 1-8
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.
Highlights
Home typeMulti Family
HeatingForced Air
StatusActive
Lot size0.77 Acres
Year built1890
MLS #202509549
Virtual tour
Summary
- Heating: Forced Air
- Cooling: None
- List Price: $474,900
- Directions: GPS Friendly
- Year Built: 1890
- Stories: 3
- Lot Size: 0.77 Acres
- MLS Number: 202509549
- Office Name: BerkshireHathaway HS IN Realty
- Office Phone: (765) 670-9065
- Listing Agent: Jazah Jones
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: 5/30/2025, 2:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$474,900
258 Main Ave Unit 1-8
$5,639
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Suncrest Elementary School
Public District PK-5
1.1 mi
•1608 W Kyger St
5
Green Meadows Intermediate Elementary School
Public District 3-5
2.2 mi
•1900 S Jackson St
6
Clinton Prairie Elementary School
Public District PK-6
5.4 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.
Neighborhood
The neighbors living near this home have an average income of $42,214. Typical income of Frankfort, IN residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
41%
<35k
50%
35k-100k
8%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
42%
Single, No Kids
15%
Single, with Kids
22%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
36%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Figure Skating
Pro Wrestling
Where do the neighbors shop?
Academy Sports & Outdoors
Kmart
Wal-Mart
Where do the neighbors go to eat?
Little Caesars
Bob Evans
Sonic
What do the neighbors drive?
Chevrolet
Buick
Oldsmobile
What do the neighbors listen to?
Country
Oldies- Contemporary Inspirational
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 258 Main Ave Unit 1-8 in Frankfort, IN and zip code 46041. This home, which was built in 1890, sits on a 0.77 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 24, 2025 and is currently priced at $474,900.
In April 2025, from all listings sold in Frankfort, IN there were more than 5 sold above asking price, over 7 sold below and more than 1 were sold right at the asked price. The number of homes for sale in Frankfort, IN did not change between March and April 2025. In April 2025 median list price was $210,000 and the average listing age was 56 days.
From Rocket Homes Real Estate and based on county public records data.