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275 E Madison Street, 
Franklin, IN 46131

$399,899

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Paul Gorrell

Crestpoint Real Estate

317-790-4975

Last updated:

July 28, 2026, 03:14 PM

MLS#

22116144

Source:

IN MIBOR

About This Home

275 E Madison Street

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.

Home Facts

Multi-Family

Built in 1910

Price Summary

399,899

MLS #:

22116144

Last Updated:

July 28, 2026, 03:14 PM

Added:

5 day(s) ago

Structure

Structure

Year Built:

1910

Lot

Lot Size (Sq. Ft):

5,662

Finances & Disclosures

Finances

Price:

$399,899

Source:IN MIBOR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.