149 Cincinnati Street

Franklin, Indiana 46131  ·  Two Homes on One Lot

Opportunity Multi-Generational or Investor
Utilities Independent Gas & Electric Meters
Location Short Walk to Downtown Franklin
Property Main House + ADU Guest House

Property Overview

This unique property features two homes on a single lot in the heart of Franklin, Indiana. The main house at 149 Cincinnati Street is a 3-bedroom, 1-bath, 1,353 sq ft home with a large covered front porch and plenty of living space. In the backyard sits an Auxiliary Dwelling Unit (ADU) at 360 Richey Street, approximately 500 sq ft with its own kitchen, bedroom, and bathroom.

Great for investors or a multi-generational family, each house has an independent gas and electric meter for convenience; the water, sewer, and trash are combined on one bill. The guest house or "ADU" is a great place for an aging parent, office space for that home business, or even rental income! Both homes have been well-maintained with significant updates over the past decade and are located just a short walk to downtown Franklin.

Main House

149 Cincinnati Street, Franklin, IN 46131

The main house is 3 bedrooms, 1 bathroom, and 1,353 sq ft. A large covered front porch welcomes you, with a door leading to an enclosed entry area to keep the weather out.

Two bedrooms are off the living room. The kitchen, bathroom, and laundry room (with hookups near the water heater) are located centrally. The main bedroom is off the kitchen and features a walk-in closet. A second living area on the back of the home can serve as a workout area, office, or second TV room.

Recent Updates: Roof, plumbing, and HVAC were replaced in 2014. Siding and several windows were replaced in May 2017. The bathroom was gutted and replaced in 2016. A shared shed was added to the backyard in April 2016.

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Guest House (ADU)

360 Richey Street, Franklin, IN 46131

The guest house or "ADU" is a great place for an aging parent, office space for that home business, or even rental income! At approximately 500 sq ft, it offers a complete, efficient living space.

You enter into the living room with the kitchen to your left and a closet to your right. Laundry hookups are in the kitchen. Walk through the living room into the bedroom with the bathroom just off of it. The living room features a vaulted ceiling making it feel much larger than it is.

The kitchen includes a small refrigerator and an electric stove/oven.

Recent Updates: New roof installed in 2014. Siding, plumbing, water heater, and furnace were replaced in January 2015. The bathroom was fully remodeled in 2023 with new drain plumbing, decking, flooring, toilet, and vanity.

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Interested in this Property?

For more information or to schedule a viewing, please contact: