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!
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 and new electrical panels. 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!
The median home value in Richmond, IN is $126,700. This is lower than the county median home value of $137,200. The national median home value is $338,100. The average price of homes sold in Richmond, IN is $126,700. Approximately 47.11% of Richmond homes are owned, compared to 37.27% rented, while 15.62% 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 47374 has a population of 35,854. Richmond 47374 is less family-centric than the surrounding county with 24.35% of the households containing married families with children. The county average for households married with children is 26.08%.
The median household income in Richmond, Indiana 47374 is $41,569. The median household income for the surrounding county is $49,952 compared to the national median of $69,021. The median age of people living in Richmond 47374 is 38.2 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 17.7 degrees. The average rainfall is approximately 41.5 inches per year, with 17 inches of snow per year.