Frankfort, IN 46041 1101-1103 E Clinton Street

1101-1103 E Clinton Street Frankfort, IN - Image 11101-1103 E Clinton Street Frankfort, IN - Image 21101-1103 E Clinton Street Frankfort, IN - Image 3
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Presented By: Courtney Lendman with C&C Home Realty; 765-960-7767
  • MLS# 202501025
  • 01/10/2025
  • Get pre-approved
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 5
  • SQFT • 3,428

Home Details

Turnkey 5-Unit Investment Property – Fully Rented & Renovated! Don’t miss this prime investment opportunity! This fully rented, five-unit property brings in a strong monthly rental income of $4252, with significant potential for increased rents as current rates remain below market value. There are three two-bedroom units! Recently renovated from top to bottom, the property features new siding, windows, gutters, furnace, water heater, and appliances, ensuring low-maintenance ownership and long-term durability. With ample parking for all tenants, this property is both a smart investment and a highly desirable rental option. This is your chance to own a high-performing, income-generating asset with room for growth. Schedule a showing today!
Presented By: Courtney Lendman with C&C Home Realty; 765-960-7767

Interior Features for 1101-1103 E Clinton Street

Bedrooms

Num. of 1 Bedrooms2
Num. of 2 Bedrooms3
Num. of 3 Bedrooms0
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms2
Unit 2-# of Bedrooms2
Unit 3-# of Bedrooms2
Unit 4-# of Bedrooms1
Unit 5-# of Bedrooms1
Above Grade Bedrooms8
Beds8
Below Grade Bedrooms

Bathrooms

Unit 1-# of Bathrooms1
Unit 2-# of Bathrooms1
Unit 3-# of Bathrooms1
Below Grade Baths

Other Interior Features

Total Finished SqFt3428
Basement Y/NYes
Above Grade Finished SqFt3428
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt538
Num. of Efficiencies0
BasementCrawl, Partial Basement
Basement MaterialBlock
Dishwasher(s)
Disposal(s)
Dryer(s)2
FlooringCarpet, Vinyl
Microwaves5
Ranges/Ovens5
Refrigerators5
Total Number of Units5
W/D Hookups2
Washers2

Other Rooms

Total Rooms Below Grade

General for 1101-1103 E Clinton Street

# of Buildings2
Age125
Agent First NameCourtney
Agent Last NameLendman
Annual Electric Expense3240
Annual Fuel Expense1320
Annual Insurance Expense1440
Annual Trash Expense900
AreaClinton County
Assoc. Dues FrequencyNot Applicable
Associated Document Count
Auction Y/NNo
Bathrooms5
CityFrankfort
ClassINVESTMENT
CoolingWindow
DOM62
Elementary SchoolBlue Ridge / Green Meadows
FIPS Code18023
FeaturesBasement, Patio Covered
Full Baths5
Half Baths
HeatingGas, Forced Air
High SchoolFrankfort
Legal Description016-08526-40 LOT 13 J A SOUTHARDS ADD 1315
LocationCity/Town/Suburb
Middle SchoolFrankfort
Net Income40781
New ConstructionNo
OwnerPaysElectric, Heating, Trash Collection, Water
ParkingGravel, Off Street, Street
Pet Restrictions Y/NYes
REONo
Rent Income51024
School DistrictCommunity Schools of Frankfort
SewerCity
StatusActive
StatusActive
Status Detail0
Stories2
StyleOther
SubdivisionNone
Tax Year2024
Tenant PaysCable
Total Sq Ft3966
TownshipCenter
TypeFiveplex
Virtual TourClick here
Year Built1900

Exterior for 1101-1103 E Clinton Street

Approx. Lot Size Acres0.2
Electric Meters1
ExteriorVinyl
Gas Meters1
Lot DescriptionSlope
Lot Dimensions66x132
Lot Size Area8712
Number of Parking Spaces6
OutbuildingNone
PoolNo
ROOF MATERIALShingle
Water Meters1
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

Associate
Price $339,900
MLS#202501025
List Date 01/10/2025
Property Type Multi-Family
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