Introducing a standout investment opportunity: a fully rehabbed 10-unit apartment building in Frankfort, Indiana, completed in 2023 with modern finishes, thoughtful upgrades, and features that set it apart in the local rental market. Each unit showcases tall ceilings that enhance natural light and create an open, contemporary feel. The interiors are outfitted with stainless steel appliances, updated kitchens, refreshed flooring, and modern fixtures—delivering the style and comfort today’s renters expect. Two premium ground-floor units include attached garages, a rare and highly desirable amenity that adds both convenience and rental appeal. This property offers investors the perfect blend of modern design, reliable cash flow, and ease of ownership. A rare chance to acquire a fully upgraded multi-unit building in an accessible, high-demand location.
Frankfort is located in Indiana. Frankfort, Indiana has a population of 16,134. Frankfort is more family-centric than the surrounding county with 31.76% of the households containing married families with children. The county average for households married with children is 31.47%.
The median household income in Frankfort, Indiana is $46,236. The median household income for the surrounding county is $55,582 compared to the national median of $69,021. The median age of people living in Frankfort is 34.9 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 17.3 degrees. The average rainfall is approximately 41.7 inches per year, with 26.6 inches of snow per year.
