409 Franklin St, Delphi, IN 46923

$230,150
6
BD
3
BA
1,932
SqFt

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Listing courtesy of Judith Wilson from Joan Abbott Real Estate. Agt: 765-564-9822

Selling Office: Joan Abbott Real Estate.

Sold Price
$230,150
List Price
$254,500
Status
CLOSED
MLS#
202609260
Closing Date
Apr 30, 2026
Style
Traditional
Year Built
1959
Days On Market
Unknown
Bedrooms
6
Bathrooms
3
Living Area
1,932
Township
Deer Creek

Property 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.

Additional Information

Acres
0.17
Taxes
$4,846
Lot Features
Level
Water
City
Heating
Electric, Forced Air
Cooling
Central Air
Flooring
Vinyl
School District
Delphi Community School Corp.
Elementary School
Delphi Community
Middle School
Delphi Community
High School
Delphi
Agent Name
Judith Wilson

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.


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