409 Franklin St, Delphi, IN 46923
- $230,150
- 6
- BD
- 3
- BA
- 1,932
- SqFt
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.
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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. 