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929 Franklin Street

Columbus, IN 47201

ActiveListed Apr 28, 2026 · 8 days on market

Key facts

Lot
0.11 acres
Year built
1890
Type
Residential Income · Quadruplex
Stories
Two
MLS #
22095668
County
Bartholomew
Subdivision
No Subdivision

About this home

This historic 5-unit multifamily property (5-plex) offers a strong income-producing opportunity for both new and experienced investors. The property features a mix of units, each with functional layouts, separate utilities, and consistent rental demand. Each unit includes comfortable living areas, bedrooms, and practical kitchen spaces, making it attractive to long-term tenants. The building has been maintained with attention to key systems, helping reduce immediate capital expenditures. Situated in a desirable downtown location with convenient access to shopping, dining, schools, and major roadways. The location and rental growth potential makes this a desirable property to add to your portfolio!

Description provided by the listing brokerage.

Interior

Basement
Full
Laundry
No Laundry Facil.
Security
Smoke Detector(s)

Exterior

Roof
Asphalt
Style
Craftsman
Parking and garage
Attached
View
Neighborhood

Lot and HOA

Lot features
Corner LotSidewalks

Schools

Elementary school
Lillian Schmitt Elementary School
Middle school
Central Middle School
High school
Columbus North High School
School district
Bartholomew Con School Corp

Taxes

Estimated annual tax
$7,894 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,814per month, estimated
Principal and interest $2,016Property tax $658Insurance $140
20% · $79,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$399,900
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