223 S 12th Street, Richmond, IN 47374

Richmond
Local realty services provided by:ERA First Advantage Realty, Inc.
223 S 12th Street,Richmond, IN 47374
$159,900
Virtual Tour
  • 5 Beds
  • 5 Baths
  • 3,624 sq. ft.
  • Multi-family
  • Active
Listed by: mark tooleyCell: 765-546-9051
Office: tarter realty auction and appraisal company
MLS#:202608369
Source:Indiana Regional MLS

Price summary

  • Price:$159,900
  • Price per sq. ft.:$39.42

About this home

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.

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Home facts

  • Year built:1900
  • Listing ID #:202608369
  • Added:3 day(s) ago
  • Updated:March 13, 2026 at 09:45 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:5
  • Flooring:Carpet
  • Basement Description:Crawl, Partial Basement
  • Living area:3,624 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1900
  • Building area:3,624 sq. ft.
  • Lot area:0.17 Acres
  • Architectural Style:Traditional, Two Story
  • Construction Materials:Vinyl
  • Levels:2 Stories

Schools

  • High school:Richmond
  • Middle school:Dennis
  • Elementary school:Vaile

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$159,900
  • Price per sq. ft.:$39.42

Parking

  • Parking description:Concrete Driveway, Off Street Parking, Street Parking
  • Garage spaces:1
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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