258 Main Ave Unit 1-8 Frankfort, IN 46041
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
Virtual tour
Summary
- Heating: Forced Air
- Cooling: None
- List Price: $575,000
- 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: 5/1/2025, 10:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$575,000
258 Main Ave Unit 1-8
$6,828
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. Most Frankfort, IN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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 $575,000.
While more than 0 listings in Frankfort, IN in March 2025 were sold above asking price, there were more than 5 listings sold at asking price, and more than 12 were sold below. Between February and March 2025, Frankfort, IN real estate market has seen decrease in the number of listings by 1.8%. While the average time on the market in March 2025 was 76 days, the median list price was $210,000.