Richmond IN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
21993805
Subdivision:
Out Of Area

ADDITIONAL INFORMATION

Large duplex in Richmond in need of some TLC! Both units are currently rented to tenants on a month-to-month lease. Each tenant is paying $450/month, but both units can be delivered vacant if necessary. Both water heaters are less than 5 years old. Furnaces were replaced in 2023. Each side has 3 beds and 1 bath.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
21990530
Subdivision:
No Subdivision

ADDITIONAL INFORMATION

Fantastic Investment Opportunity in Historic Richmond! This triplex in the historic community of Richmond is a great investment opportunity for those looking to capitalize on a fixer-upper. The property requires a complete rehab, with the back apartment needing the most work. The upstairs apartment and the other downstairs unit are solid structures that will require less extensive renovations. With the potential for high returns, this property is perfect for investors ready to bring this historic gem back to life. Don't miss out on this promising opportunity!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1921
Baths:
MLS#:
21990488
Subdivision:
No Subdivision

ADDITIONAL INFORMATION

Great Investment Opportunity in Historic Richmond! This rehabbed duplex is a prime investment in the charming historic community of Richmond. Both sides of the duplex have been remodeled featuring fresh paint, new flooring, and modernized bathrooms. Additionally, the property includes a spacious 20x26 detached garage with an apartment, offering even more potential for cash flow once rehabbed. Don't miss out on this unique opportunity to invest in a property with tremendous upside in a sought-after location!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.11 Acres
Year built:
1900
Baths:
6.00
MLS#:
202411266

ADDITIONAL INFORMATION

6 unit investment property near downtown Richmond, IN. Property is currently undergoing renovations. Listing price will be incrementally increase as projects are completed. Property is currently in need of improvement. Property is to be sold as-is OR with inspection contingency being waived. Sight unseen acknowledgement is required. Entrance to the property will only be permitted for an inspection (if applicable) after property is under contract.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

The information is being provided by Metropolitan Indianapolis Board of REALTORS®. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.


Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX information provided by the Indiana Regional MLS. Copyright 2024 Indiana Regional MLS. All rights reserved.



Richmond Real Estate

The median home value in Richmond, IN is $212,000. This is higher than the county median home value of $94,700. The national median home value is $219,700. The average price of homes sold in Richmond, IN is $212,000. Approximately 45.6% of Richmond homes are owned, compared to 34.72% rented, while 19.68% are vacant. Richmond real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Richmond real estate agent to arrange a tour today!

Richmond, Indiana has a population of 35,819. Richmond is less family-centric than the surrounding county with 26.53% of the households containing married families with children. The county average for households married with children is 28.02%.

The median household income in Richmond, Indiana is $33,381. The median household income for the surrounding county is $41,813 compared to the national median of $57,652. The median age of people living in Richmond is 39.3 years.

Richmond Weather

The average high temperature in July is 83.3 degrees, with an average low temperature in January of 17.7 degrees. The average rainfall is approximately 41.5 inches per year, with 19 inches of snow per year.

Richmond Real Estate Market Conditions

  • Median sales price

    $212,000
    11.49% change since last quarter
  • # Active listings

    23
    30-day change

Richmond Schools and Demographics

Education near Richmond, IN

Metric City County
High School Graduates 82.59 85.49
College Degree - 2 year 7.92 8.58
College Degree - 4 year 18.06 18.16
Graduate Degree 6.18 5.61
Expenditures per Student 12,149 10,966
Students per Teacher 14.9 16.3

Elementary Schools near Richmond, IN

School Grades Students P/T Ratio ZIP
Centerville-Abington Elementary School 03 - 06 554 20.1 47330
Charles Elementary School PK - 04 498 15.1 47374
Crestdale Elementary School PK - 04 483 16.7 47374
Elizabeth Starr Academy PK - 04 384 14.8 47374
Fairview Elementary School PK - 04 308 12.8 47374
Liberty Elementary School KG - 05 342 15.6 47353
Northeastern Elementary School PK - 05 551 19 47341
Randolph Southern Elementary School KG - 06 242 13 47355
Rose Hamilton Elementary School PK - 02 456 18.6 47330
Vaile Elementary School PK - 04 343 13.7 47374
Westview Elementary School PK - 04 329 14.9 47374

Middle Schools near Richmond, IN

School Grades Students P/T Ratio ZIP
Centerville-Abington Junior High School 07 - 08 258 14.3 47330
Dennis Intermediate School 05 - 08 712 11.1 47374
Northeastern Middle School 06 - 08 269 9.6 47341
Test Intermediate School 05 - 08 722 12 47374
Union County Middle School 06 - 08 341 17.9 47353

High Schools near Richmond, IN

School Grades Students P/T Ratio ZIP
Centerville Senior High School 09 - 12 521 16.3 47330
Northeastern High School 09 - 12 436 13.6 47341
Randolph Southern Junior/Senior High School 07 - 12 241 11.5 47355
Richmond High School 09 - 12 1,420 15.1 47374
The Excel Center - Richmond 09 - 12 296 26.6 47374
Union County High School 09 - 12 492 15.4 47353

Ungraded Schools near Richmond, IN

School Grades Students P/T Ratio ZIP
Community Youth Services KG - 12 99 9 47374

Demographics near Richmond, IN

Metric City County
Neighborhood Type Small Town
Population 35,819 66,972
Population Density 1,493 167
Median Age 39.3 41.1
People per Household 2.3 2.4
Median Household Income 33,381 41,813
Average Income per Capita 20,907 23,895