147 E  King St, Franklin, IN 46131
FOR SALE
NEW - 6 HRS AGO

147 E King St
Franklin, IN 46131

  • 4 Beds
  • 4 Baths

$310,000

Est. Mortgage $1,834/mo*

$310,000

Est. Mortgage $1,834/mo*
4 Beds
4 Baths

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Investors! Check out this 4-unit multifamily property at 147 E. King St Franklin IN. All units are currently leased, providing immediate income and stable cash flow. Each unit is a 1 bedroom with 1 full bath. This property benefits from strong demand for affordable, well located housing in the increasingly popular downtown Franklin IN market. Seller prefers to sell with the 4-plex located at 298 N. Water St ( 22109011 ) just around the corner.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 147 E King St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Partial,Unfinished
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (main level): 4
Appliances & Utilities
Laundry: Other
Heating & Cooling
Heating: Hot WaterHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Hot Water
Levels, Entrance, & Accessibility
Stories: 2Levels: Two
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Balcony, StorageFoundation: Brick/Mortar
Parking & Garage
Other Parking: Unit Parking(On Street, Other)
Frontage
Road Frontage: Frontage RoadRoad Surface Type: Asphalt

Days on Market

Cumulative Days on Market: 1Days on Market: <1 day on Trulia

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, QuadruplexStructure Type: QuadruplexArchitecture: Traditional
Building
Building: OtherConstruction Materials: Vinyl SidingNot a New ConstructionNot Attached Property
Property Information
Usage of Home: Apt<20Parcel Number: 410814043011000009

Price & Status

Price
List Price: $310,000
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: FranklinCommunity: George Kings Franklin Twp
School Information
High School District: Franklin Community School Corp

Agent Information

Listing Agent
Listing ID: 22108989

Lot Information

Lot Area: 4791.6 sqft

Miscellaneous

BasementMls Number: 22108989
Last check for updates: about 7 hours ago
Listing Provided by: Donald Kuroiwa
Trueblood Real Estate
Source: MIBOR as distributed by MLS GRID, MLS#22108989

Market trends in Franklin

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$295K
$11.63K
MoM
Sale-to-List Price
98.9%
0.2%
MoM
Price per sq ft
$156
$8
MoM
Available listings
115
14
MoM

Price History for 147 E King St

DatePriceEventSource
06/19/2026$310,000Listed For SaleMIBOR as distributed by MLS GRID #22108989
02/10/2026$324,000ListingRemovedMIBOR as distributed by MLS GRID #22073466
12/18/2025$324,000PriceChange
MIBOR as distributed by MLS GRID #22073466
11/18/2025$350,000Listed For SaleMIBOR as distributed by MLS GRID #22073466

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Comparable Sales for 147 E King St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.37
Multi-Family Home
$270,000
05/22/26
2
2
-
0.49
Multi-Family Home
$200,000
12/18/25
2
2
-
0.20
Multi-Family Home
$175,000
10/27/25
1
1
-
1.00
Multi-Family Home
$395,000
12/17/25
6
4
-
1.05
Multi-Family Home
$345,750
11/07/25
2
2
-
1.37
Multi-Family Home
$360,000
08/22/25
4
3
-
5.79
Multi-Family Home
$310,000
08/29/25
4
4
-

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 147 E King St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Franklin

At least 208 Trulia users voted on each feature.
  • 88 % Say yards are well-kept

  • 88 % Say car is needed

  • 83 % Say it's dog friendly

  • 82 % Say parking is easy

  • 79 % Say there are sidewalks

  • 79 % Say kids play outside

  • 77 % Say there's holiday spirit

  • 74 % Say people would walk alone at night

  • 58 % Say it's quiet

  • 57 % Say streets are well-lit

  • 51 % Say neighbors are friendly

  • 46 % Say they plan to stay for at least 5 years

  • 44 % Say it's walkable to restaurants

  • 37 % Say there's wildlife

  • 30 % Say it's walkable to grocery stores

  • 28 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Jobrown2026
    "The neighborhood has a lot of families. There are a lot of fun things to do. There are a lot of restaurants and parks."
  • Jon Mershon
    "Lots of family’s great for raising a family, and starting a family! Highly recommend this area to anyone looking to move. "
  • Lori.speicher
    "Franklin is like a Hallmark town. So much fun during the holidays. Festivals and parades. Great restaurants, breweries and coffee shops. The amphitheater is a great place to listen to music in the summer. "
  • 5z7svvcjmr
    "It’s a great safe place for families. Good schools and not a lot of unwell maintained homes. I love this area. "
  • Swirlyrook1.nf
    "some places have dog parks or a lot of homes have fenced in backyards. a lot of landlords also allow most dog breeds. "
  • Rose W.
    "Dogs bark. Kids scream and yell. So which is more annoying? Trouble stirring people with no life. Need to quit complaining about dogs barking. They bark. Kids scream, yell, show their nasty little attitudes. Lets do something about that. "
  • Audrey W.
    "Family friendly neighborhoods. Local shopping and restaurants. Well maintained yards and homes. Safety is never a concern for me in Franklin. Community very inviting."
  • Ryan F.
    "Franklin is a great place to live, but the water quality and history of toxic warehouses are enough to want to look outside of the town"
  • Levi C.
    "Lived here my whole life. Still has that small town vibe with the touch of southern hospitality. Hopefully I can raise my children here as well"
  • Dylan B.
    "It seems like people like walking their dogs on the long trail around town or through the square. enjoy."
  • Brittany.barton14
    "Lived here my whole life 27 years! and its safe, clean, people are friendly! The schools are great and the town is definitely growing the downfall is the housing prices."
  • Kat V.
    "I’ve lived in this neighborhood for 15 years. It’s a great place to raise a family. Lots of parks, local shops and restaurants."
  • Kat V.
    "Great place to raise your family. Walk to everywhere with trails to all the parks. Quiet and quaint small town close to Indy."
  • F.rachel.enoch
    "quiet for a subdivision we all come together when someone is need . gather on the culdasc to visit with one another while children play "
  • Kat V.
    "The city has a great walking/running trail that links all the local parks together plus a dog park. Great small city with a private college which is perfect for raising children."
  • Erika
    "There is a nice dog park and plenty of side walks for your fur babies to get exercise and socialize as well. 😊"
  • Loriprince210
    "There are multiple dog owners always walking their dogs. Dogs are a welcome addition to the neighborhood. "
  • Sashahernandez2
    "Is a good place to live and neighborhood is good also and friendly schools are close and a lot of stores close too"
  • Roberta O.
    "I have lived here a little over a year, it's very quiet and the neighbors are super friendly. We live in the back so there isn't much traffic and my kids can play outside. "
  • Maheinicke
    "The college, the dive bars - The Jeff St Pub, and The Willard, and the Art Craft Theater are the best reasons. The scenery is actually nice, the drives on 144 and 44 are nice on summer drives with the top off, or during the fall when the leaves are pretty. "
  • Morgan M.
    "Near the college campus has great paved trails for running, walking and biking! Historic buildings and homes make for a charming unique place to live!"
  • Heather C.
    "There’s sidewalks everywhere to walk your dog. Dog parks. Parks. It’s ideal for dog owners. There’s nothing bad at all I can think of. "
  • Shalee G.
    "people take care of their lawns. walk their dogs. some neighbors are nosey. but what neighbors are not. i spend a whole year living in franklin without a car. it was hard but doable. everything is real close and conventient if you live by north morton st. "
  • Shellypahl
    "Great schools, friendly small town, great restaurants, good government. I recommend this little town to anyone! "
  • Jessica M.
    "the houses are pretty close together, so if your dogs like to bark at people or other dogs, it could be very annoying"
  • Erin S.
    "Nice place to live. Parks and recreation are amazing. Good place to raise your family or retire with your spouse "

LGBTQ Local Legal Protections

Donald Kuroiwa, Trueblood Real Estate
Based on information submitted to the MLS GRID as of 2026-06-19 05:02:54 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
147 E King St, Franklin, IN 46131 is a 4 bedroom, 4 bathroom multi-family built in 1930. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Jun 19, 2026. The MLS # for this home is MLS# 22108989.