Frankfort, IN 46041 352 - 354 E South Street

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Presented By: June Palmer with Raeco Realty;
  • MLS# 202635890
  • 08/31/2026
  • Get pre-approved
  • Request Tour
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  • Beds • 6
  • Full/Half Baths • 2 / 2
  • SQFT • 2,816

Home Details

Versatile Duplex Offering Spacious 3-Bedroom Units & Excellent Amenities Great investment or owner-occupant opportunity! This spacious duplex features two generously sized 3-bedroom, 1.5-bath apartments, each offering approximately 1,408 square feet of living space plus a full basement. With a functional two-story floor plan, ample parking, and multiple outdoor living areas, this property offers plenty of space and flexibility for tenants or owner-occupants. Each apartment features a comfortable living room, dining area, kitchen, and half bath on the main level. The kitchen includes an electric range and refrigerator. Upstairs are three bedrooms and a full bathroom, providing a practical layout with the bedrooms separated from the main living areas. Additional space is available in the full basement serving each apartment, ideal for storage, hobbies, a workshop, or other needs. Each unit also has its own covered front porch, deck, and balcony, providing several inviting outdoor spaces to relax and enjoy. Parking is a major convenience with two off-street parking spaces for each apartment, giving the property a total of four off-street spaces. Whether you're looking to expand your rental portfolio, generate rental income while occupying one unit, or purchase a property with strong flexibility, this duplex is worth a look. The combination of spacious floor plans, full basements, dedicated parking, and multiple outdoor amenities makes this a unique opportunity.
Presented By: June Palmer with Raeco Realty;

Interior Features for 352 - 354 E South Street

Bedrooms

Num. of 1 Bedrooms0
Num. of 2 Bedrooms0
Num. of 3 Bedrooms2
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms3
Unit 2-# of Bedrooms3
Above Grade Bedrooms6
Beds6
Below Grade Bedrooms

Bathrooms

Unit 1-# of Bathrooms1.5
Unit 2-# of Bathrooms1.5
Below Grade Baths

Other Interior Features

Unit 1 SqFt1408
Total Finished SqFt2816
Basement Y/NYes
Above Grade Finished SqFt2816
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt0
Main Level SqFt1408
Num. of Efficiencies0
BasementFull Basement
Basement MaterialBrick
Dishwasher(s)
Disposal(s)
Dryer(s)
FlooringCarpet, Vinyl
Microwaves
Ranges/Ovens2
Refrigerators2
Total Number of Units2
W/D Hookups2
Washers

Other Rooms

Total Rooms Below Grade

General for 352 - 354 E South Street

Age116
Agent First NameJune
Agent Last NamePalmer
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense1285
Annual Trash Expense
Architectural StyleFoursquare
AreaClinton County
Assoc. Dues FrequencyNot Applicable
Associated Document Count
Auction Y/NNo
Bathrooms4
CityFrankfort
ClassINVESTMENT
Common AmenitiesNone
CoolingCentral Air
DOM10
Elementary SchoolBlue Ridge / Green Meadows
FIPS Code18023
FeaturesBasement, Ceiling Fan, Balcony, Countertops-Laminate, Deck Open, Detector-Smoke, Porch Covered, Storm Doors, Storm Windows, Water Heater Gas
Full Baths2
Half Baths2
HeatingGas, Forced Air
High SchoolFrankfort
Legal Description016-23261-00 McKinsey Add Pt Lot 6 3788 016-23262-00 McKinsey Add Pt Lot 5 3789-A
LocationCity/Town/Suburb
Middle SchoolFrankfort
Net Income16174.24
New ConstructionNo
OwnerPaysBuilding Insurance, Maintenance, Tax
PROPOSED FINANCINGCash, Conventional
ParkingOff Street
Pet Restrictions Y/NNo
REONo
Rent Income20400
School DistrictCommunity Schools of Frankfort
SewerPublic
StatusPending
StatusPending
Status Detail0
Stories Count2
StyleTwo Story
SubdivisionNone
Tax Year2025 payable 2026
Tenant PaysCable, Cooling, Electric, Fuel, Heating, Lawn Maintenance, Sewer, Trash Collection, Water, Deposit Value
Total Sq Ft2816
TownshipCenter
TypeDuplex
Virtual TourClick here
Year Built1910

Exterior for 352 - 354 E South Street

Approx. Lot Size Acres0.076
DrivewayStone
ExteriorBrick, Vinyl
Lot DescriptionLevel
Lot Dimensions55x60
Lot Size Area3300
Number of Parking Spaces4
OutbuildingShed
Outbuilding SqFt64
PoolNo
ROOF MATERIALAsphalt, Shake
Water FeaturesNone
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Frankfort Middle School
High School Frankfort High School
Elementary School Blue Ridge / Green Meadows Elementary School

Ryan Orr

Broker / Auctioneer
Price $204,700
MLS#202635890
List Date 08/31/2026
Property Type Pending
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