275 E Madison Street, Franklin, IN 46131
- $399,899
- List Price
- $399,899
- MLS#
- 22116144
- Days on Market
- 3
- Status
- ACTIVE
Property Description
Excellent opportunity to own a well-maintained duplex on a prominent corner lot just blocks from historic downtown Franklin and Franklin College. Each unit offers approximately 1,100+ square feet with 2 bedrooms, 2 baths, spacious living room with fireplace, large kitchen, hardwood floors, charming built-ins, and a full unfinished basement providing abundant storage and laundry space. Separate entrances, off-street parking, and a detached two-car garage add convenience for both residents and owners. Whether you're expanding your investment portfolio or looking to owner-occupy one unit while generating rental income from the other, this property offers outstanding flexibility. Enjoy easy access to Franklin's award-winning downtown filled with local restaurants, coffee shops, boutiques, festivals, and entertainment, along with nearby parks, trails, and Franklin College. Conveniently located near US-31 and I-65 for an easy commute to Indianapolis, this is a rare opportunity to own a classic duplex in one of Johnson County's most desirable communities.
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Additional Information
- Tenant Pays
- All Utilities
- Owner Pays
- Taxes
- Basement
- Unfinished
- Foundation
- Block
- Stories
- Two
- Architecture
- Traditional
- Exterior Amenities
- Lighting
- Acres
- 0.13
- Heat
- Forced Air, Natural Gas
- Cooling
- Central Air
- Financing
- Conventional
- Region
- Franklin
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Listing courtesy of CrestPoint Real Estate.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative