409 Franklin Street, Delphi, IN 46923

Delphi
Local realty services provided by:ERA Crossroads
409 Franklin Street,Delphi, IN 46923
$254,500
Virtual Tour
  • 6 Beds
  • 3 Baths
  • 1,932 sq. ft.
  • Multi-family
  • Pending
Listed by: judith wilsonAgt: 765-564-9822
Office: joan abbott real estate
MLS#:202609260
Source:Indiana Regional MLS

Price summary

  • Price:$254,500
  • Price per sq. ft.:$95.39

About this home

Investor Opportunity! Fully leased triplex located within walking distance of downtown Delphi. Property includes three income-producing units, all with leases in place into 2027. Tenants pay their own electric. Unit 409: Currently used as a daycare. This unit could easily be converted to a 3-bedroom apartment. Unit 413: 1-bedroom apartment. Unit 407: 2-bedroom apartment. Parking & Storage include 1 garage currently used for storage for day care center, 1 attached carport (1 parking space); 1 detached carport (3 parking spaces); 1 additional parking space on an open cement slab. With a solid rental history and flexible future use, this makes this a strong addition to any investment portfolio.

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Home facts

  • Year built:1959
  • Listing ID #:202609260
  • Added:7 day(s) ago
  • Updated:March 28, 2026 at 07:24 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Vinyl Tile
  • Basement Description:Crawl, Partial Basement
  • Living area:1,932 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electricity, Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt
  • Year built:1959
  • Building area:1,932 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Level
  • Architectural Style:Traditional, Two Story
  • Construction Materials:Vinyl
  • Exterior Features:Landscaped
  • Levels:2 Stories

Schools

  • High school:Delphi
  • Middle school:Delphi Community
  • Elementary school:Delphi Community

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$254,500
  • Price per sq. ft.:$95.39
  • Tax amount:$1,479

Features and amenities

  • Amenities:Cable Ready, Countertops-Laminate, Detector-Smoke, Water Heater Electric

Parking

  • Parking description:Gravel Driveway, Gravel Parking, Off Street Parking, Street Parking
  • Garage spaces:1
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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