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$389,000

275 E Madison Street, Franklin IN, 46131

Price per sqftN/A
Built in1910
Property typeMulti-family
Courtesy of CrestPoint Real Estate, Paul Gorrell Listing Contact:

Overview

Active

Listed Jul 24, 2026

Updated 4 weeks ago

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.

$2,588/mo

Est. mortgage payment based on a $389,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22116144

Interior Features

Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Garage
Yes
View
Yes

Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 5:27 AM UTC on 9/11/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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