REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Jacob Hemrick • Hemrick Property Group Inc.
$ 320,000
Est. payment /mo
Pending
1063 Wild Ivy TRL Franklin, IN 46131
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision West Parke
MLS Listing ID 22068369
Year Built 1999
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Duplex
Property Description
1063 and 1065 Wild Ivy Dr. - This is a fantastic opportunity to own a well-maintained duplex in the heart of Franklin - ideal for investors or owner-occupants seeking rental income and future equity growth. Both sides feature 2 bedrooms, 2 full baths, attached garages, and identical single-level floor plans with approximately 1,000 sq ft per unit. Unit 1063 has been recently updated with new flooring, cosmetic finishes, and new mechanicals - furnace, A/C, and water heater all replaced in 2024. Unit 1065 is in great condition with a 2018 water heater and 2021 HVAC system. Both share a 4-year-old roof and new garage doors, ensuring low maintenance for years to come. Each side is tenant-occupied on month-to-month leases, offering flexibility for the new owner. Current rents of $1,000 and $1,100 have room to grow, with market comps between $1,200-$1,400 per month. 2025 Comps in the neighborhood show individual sides selling around $200,000 each, creating a significant equity opportunity if the properties were ever sold separately in the future. Located near walking trails, schools, and downtown Franklin amenities, this duplex offers steady income, strong upside, and multiple exit strategies. Schedule your private tour today and secure this cash-flowing, equity-building asset.
Location
State IN
County Johnson
Interior
Heating Natural Gas
Cooling Central Air
Fireplace N
Exterior
Garage Spaces 1.0
Roof Type Shingle
Building
Story One
Foundation Slab
Architectural Style Traditional
Structure Type Brick,Vinyl With Brick
New Construction false
Schools
Middle Schools Franklin Community Middle School
High Schools Franklin Community High School
School District Franklin Community School Corp
© 2025 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
GET MORE INFORMATION
QUICK SEARCH