147 E King St

$324,000
Price
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Beds
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Baths
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— / Sq. Ft.
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Sq. Ft.
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per Sq. Ft.

Description

Downtown Franklin Multifamily 4 Unit fully leased and available now! Opportunity for a value add and priced to sell! Great Location Right on King St. just blocks from all of the Downtown Franklin Amenities !Downtown Franklin Multifamily 4 Unit fully leased and available now! Opportunity for a value add and priced to sell! Great Location Right on King St. just blocks from all of the Downtown Franklin Amenities !
  1. Listed by Austin Smythe • Smythe & Co, Inc
  2. Listed by Michelle McClain • Smythe & Co, Inc

Property Details for 147 East King Street

Architectural Style
Traditional
Subdivision Name
George Kings Franklin Twp
Township
Franklin
Waterfront
No
Zoning
RTN
LISTING UPDATED: 12/18/2025 05:41 PM

Property Details for 147 East King Street

StatusActive
MLS #22073466
Days on Market36
Taxes$3,041 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1930
Lot Size0.11 AC / 4,791 SF
CountyJohnson County

Location

Listing Courtesy of Smythe & Co, Inc
Add your commute

Building Information for 147 East King Street

Stories-Residences4Year Built1930Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$2,108 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,601

Property Taxes

$507

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 147 East King Street

Summary
Location and General Information
  • City: Franklin
  • County Or Parish: Johnson
  • Directions: GPS Friendly
  • Postal Code: 46131
  • Postal Code Plus4: 1777
  • Road Access: Frontage Road
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Parcel Number: 410814043011000009
  • Semi Annual Property Tax Amt: 3041
  • Tax Exemption: None
  • Tax Year: 2024
  • TaxLot: 13
School Information
  • School District: Franklin Community School Corp
Owner
  • Owner Pays: Insurance, Lawncare, Taxes, Sewer, Trash Collection, Water
Property
Lot Information
  • Acreage: <1/4 Acre
  • Building Information: Other
  • Current Use: Apt<20, Residential
  • Lot Description: Access
  • Lot Size Square Feet: 4609.0
  • Lot Size Acres: 0.11
  • New Construction: False
  • Possible Use: Apt<20
  • Structure Type: Quadruplex
  • Year Built Numeric: 1930
  • Living Area Source: Appraisal
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Kings 1st Add Pt Lot 13 (64 Ft Off E End) Mp Franklin Communi
  • Photos Count: 67
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
  • Web Link: www.smytherealestate.com
Utilities
  • Building Utilities: Municipal Storm Connected,Storm Sewer,Water
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Exterior Features: Balcony, Storage
  • Foundation Details: Brick/Mortar
  • Roof: Asphalt
Interior Features
  • Basement Description: Partial, Unfinished
  • Basement YN: Yes
  • Cooling: Wall Unit(s)
  • Heating: Hot Water
  • Levels: Two
  • Laundry Features: Other
  • Multi Baths: 4
  • Multi Beds: 4
Multi Family
Multi-Family Information
  • Total Units: 4
  • Garage Parking: On Street, Other
Income & Expenses
  • Expenses: 23361
  • Net Operating Income: $14,979.00
  • Gross Income: $38,340.00
Unit 1
  • Unit Kitchen: -
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Wall Unit,Fuel Gas,Heat Other,Hot Wtr Gas
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Kitchen: -
  • Unit Levels: 1
  • Unit Miscellaneous: Disposal,Range/Oven,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Wall Unit,Fuel Gas,Heat Other,Hot Wtr Gas
  • Unit Type Type: 1 Bedroom
Unit 3
  • Unit Kitchen: -
  • Unit Levels: 1
  • Unit Miscellaneous: Disposal,Range/Oven,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Wall Unit,Heat Other,Hot Wtr Gas
  • Unit Type Type: 1 Bedroom
Unit 4
  • Unit Kitchen: -
  • Unit Levels: 1
  • Unit Miscellaneous: Disposal,Range/Oven,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Wind Unit,Fuel Gas,Heat Other,Hot Wtr Gas
  • Unit Type Type: 1 Bedroom
Rental
Rental Information
  • Tenant Pays: Electricity, Fees, Insurance

Property History for 147 East King Street

DateEvent & SourcePriceAppreciation
Dec 18, 2025

Price Change

MIBORMLS #22073466

$324,000—
Nov 18, 2025

Listed (Active)

MIBORMLS #22073466

$350,000—
Jun 29, 2015

Sold

MIBORMLS #21362290

$140,000—
May 23, 2015

Pending

MIBORMLS #21362290

—
May 15, 2015

Listed (Active)

MIBORMLS #21362290

$160,000—
DateEvent & SourcePrice
12/18/2025

Price Change

MIBORMLS #22073466

$324,000
11/18/2025

Listed (Active)

MIBORMLS #22073466

$350,000
06/29/2015

Sold

MIBORMLS #21362290

$140,000
05/23/2015

Pending

MIBORMLS #21362290

—
05/15/2015

Listed (Active)

MIBORMLS #21362290

$160,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 147 East King Street

Taxable ValueLand$42,700Additions$246,600Total$289,300
Tax Record2024$6,082 ($507 / month)
Home Facts
Baths4Total Finished SqFt3,022 SqFtAbove Grade Finished SqFt3,022 SqFtStories2Lot Size4,609 SqFtStyleMulti-Family Dwelling (2-4)Year Built1930Year Renovated1985CountyJOHNSONAPN41-08-14-043-011.000-009Fireplace TypeHas Fireplace

Schools near 147 East King Street

This home is within Franklin Community School Corp.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Northwood Elementary School
PublicPK to 4

Custer Baker Intermediate School
Public5 to 6

Franklin Community Middle School
Public7 to 8

Franklin Community High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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147 East King Street is a multi-family home for sale in Franklin, IN 46131. This property was listed for sale on November 18, 2025 by Smythe & Co, Inc, it's currently listed at $324,000. It has been on the market for a total of 36 days and was last sold on June 29, 2015. This listing's school district is Franklin Community School Corp. Nearby schools include Northwood Elementary School, Custer Baker Intermediate School and Franklin Community Middle School. 147 East King Street is a 0-bed, 0-bath, multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Smythe & Co, Inc

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/24/2025 03:04 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.