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223 S 12th Street
Richmond, IN 47374

$159,900 - Status: Pending
SQFT: 3,624
MLS# 202608369

Don't miss this 5-unit multifamily property offering five 1-bedroom, 1-bathroom units. The building is equipped with a gas furnace for efficient heating and provides a solid opportunity for investors looking to generate rental income. Currently 4 of the 5 units are rented, offering immediate cash flow with the additional upside of leasing the remaining unit to maximize returns. Whether you're looking to expand your investment portfolio or get started in multifamily investing, this property presents a strong opportunity with income already in place.

Property Features

MLS#: 202608369
Zip: 47374
Subdivision:
Development: Wayne
Property Type: Multi Unit - Multiple
Number of Units: 5
Basement: Crawl, Partial Basement
Basement: Yes
Cooling: None
Days on Site: 46
Heating: Gas, Forced Air
Home Style: Fiveplex
Lot Size: 0.17 acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Year Built: 1900

Feature Descriptions

Above Grade Finished SQFT: 3624
Amenities: Off Street Parking
Exterior: Vinyl
Location: City/Town/Suburb
Lot Description: 0-2.9999
Lot Dimensions: 44x165
Owner Pays: Lawn Maintenance, Snow Removal
Sale Inclusions: Building, Land
Sewer: City
Tenant Pays: Electric, Fuel, Sewer, Water
Total Finished SQFT: 3624
Units: 5
Water: City

Local Schools

High School: Richmond
Middle School: Dennis
Elementary School: Vaile
School District: Richmond Community Schools

223 S 12th Street | MLS# 202608369

This multi-family property located at 223 S 12th Street, Richmond, IN 47374 is currently listed for sale with an asking price of $159,900. S 12th Street is located within the Richmond Community Schools school district. Search Richmond real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: Tarter Realty Auction and Appraisal Company
Agency Contact: Cell: 765-546-9051
Agent Name: Mark Tooley

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS

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