1063 Wild Ivy Trail, Franklin, IN 46131

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.