559 W Washington St., Frankfort, IN 46041

Local realty services provided by:ERA First Advantage Realty, Inc.
#1#2
559 W Washington St.,Frankfort, IN 46041
$229,000
  • 5 Beds
  • 5 Baths
  • 2,710 sq. ft.
  • Multi-family
  • Pending
Listed by:dave rodkeyMain: 765-659-1828
Office:dave rodkey, realtors
MLS#:202525419
Source:Indiana Regional MLS

Price summary

  • Price:$229,000
  • Price per sq. ft.:$84.5

About this home

5 UNIT INCOME PROPERTY - Unit #4 needs renovating and is not rentable in its present condition. All 4 tenants are multi-year tenants that have been paying $600./month and have all agreed to pay $700./month beginning August 1, 2025. Owner pays all utilities. Tenants own the air conditioners. New gas water heater in 2024. Expense figures in far right column of info sheet (Annual Exp Paid by Owner) are actual expenses for calendar year 2024. Income figures in the Additional Information column are proforma. 12x8 shed goes with this property. Owner does not know where the east or south property lines are.

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Home facts

  • Year built:1890
  • Listing Id #:202525419
  • Added:30 day(s) ago
  • Updated:July 25, 2025 at 08:04 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:2,710 sq. ft.

Heating and cooling

  • Heating:Gas, Hot Water

Structure and exterior

  • Roof:Shingle
  • Year built:1890
  • Building area:2,710 sq. ft.
  • Lot area:0.15 Acres

Schools

  • High school:Frankfort
  • Middle school:Frankfort
  • Elementary school:Blue Ridge / Green Meadows

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$229,000
  • Price per sq. ft.:$84.5
  • Tax amount:$1,400
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 2025 Indiana Regional MLS LLC.

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