Frankfort, IN 46041 350 N Main Street
$2,300,000
5 more
Presented By: Cole Kesling with Sue O'Brien - Titan RE; Offc.: 765-426-2220
Beds • 17
Baths • 14
SQFT • 10,560
Home Details
Introducing a standout investment opportunity: a fully rehabbed 10-unit apartment building in Frankfort, Indiana, completed in 2023 with modern finishes, thoughtful upgrades, and features that set it apart in the local rental market. Each unit showcases tall ceilings that enhance natural light and create an open, contemporary feel. The interiors are outfitted with stainless steel appliances, updated kitchens, refreshed flooring, and modern fixturesdelivering the style and comfort todays renters expect. Two premium ground-floor units include attached garages, a rare and highly desirable amenity that adds both convenience and rental appeal. This property offers investors the perfect blend of modern design, reliable cash flow, and ease of ownership. A rare chance to acquire a fully upgraded multi-unit building in an accessible, high-demand location.
Presented By: Cole Kesling with Sue O'Brien - Titan RE; Offc.: 765-426-2220
Interior Features for 350 N Main Street
Bedrooms
Num. of 1 Bedrooms3
Num. of 2 Bedrooms7
Num. of 3 Bedrooms0
Num. of 4 Bedrooms
Above Grade Bedrooms17
Beds17
Below Grade Bedrooms
Bathrooms
Below Grade Baths
Other Interior Features
Total Finished SqFt10560
Basement Y/NYes
Above Grade Finished SqFt10560
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt1000
Num. of Efficiencies0
BasementUnfinished
Dishwasher(s)10
Disposal(s)10
Dryer(s)10
FlooringLaminate
Microwaves10
Ranges/Ovens10
Refrigerators10
Total Number of Units10
W/D Hookups10
Washers10
Other Rooms
Total Rooms Below Grade
General for 350 N Main Street
Age127
Agent First NameCole
Agent Last NameKesling
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense2400
Annual Trash Expense2300
AreaClinton County
Assoc. Dues FrequencyNot Applicable
Associated Document Count
Auction Y/NNo
Bathrooms14
CityFrankfort
ClassINVESTMENT
CoolingCentral Air
DOM35
Elementary SchoolSuncrest
FIPS Code18023
FeaturesOff Street Parking
Full Baths14
Half Baths
HeatingForced Air
High SchoolFrankfort
Legal Description016-07178-00 O P FRANKFORT SW COR LOT 135
Lot Number135
Middle SchoolFrankfort
Net Income145938
New ConstructionNo
OwnerPaysTrash Collection
Pet Restrictions Y/NNo
REONo
Rent Income157668
School DistrictCommunity Schools of Frankfort
SewerCity
StatusActive
StatusActive
Status Detail0
Stories Count3
StyleMulti-Story (3+)
SubdivisionNone
Tax Year2025
Tenant PaysElectric
Total Sq Ft11560
TownshipCenter
TypeApartment Building
Virtual TourClick here
Year Built1899
Exterior for 350 N Main Street
Approx. Lot Size Acres0.08
Electric Meters10
ExteriorBrick
Lot DescriptionLevel
Lot Dimensions42X80
Lot Size Area3360
Number of Parking Spaces2
OutbuildingNone
PoolNo
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Frankfort Middle School
High School
Frankfort High School
Elementary School
Suncrest Elementary School
Ryan Orr
Associate