409 E Franklin St | Image 1
New
Virtual Tour
409 E Franklin St | Image 2
409 E Franklin St | Image 3
409 E Franklin St | Image 4
409 E Franklin St | Image 5
409 E Franklin St | Image 6
409 E Franklin St | Image 7

$254,500

For Sale

4 days ago

MLS® 202609260

6 Bed

3 Bath

1932 sqft

5 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 1932 sqft
Garage No
HOA Fees $400
Taxes $4,847
Days Active 4
Approx. Age 1959
Avg. Price Per Sqft $131
MLS® Number 202609260

Property Address: 409 E Franklin St, Delphi, IN, 46923-1208

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number202609260
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1959
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Land, Lease

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 20, 2026List Date
$254,500List Price
  • Commute

Commute

Starting Address
Destination Address
409 E Franklin St, Delphi, IN

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties