312 Lincoln Street, Richmond, IN 47374

Local realty services provided by:ERA Crossroads
312 Lincoln Street,Richmond, IN 47374
$39,900
  • 3 Beds
  • 2 Baths
  • 1,824 sq. ft.
  • Multi-family
  • Active
Listed by:jonah hartsburgMain: 317-300-4688
Office:hoosier hub realty llc.
MLS#:202535646
Source:Indiana Regional MLS

Price summary

  • Price:$39,900
  • Price per sq. ft.:$18.24

About this home

This duplex offers a strong value-add opportunity for investors ready to take on a renovation project. The lower unit is a one-bedroom, one-bath, while the upper unit includes two bedrooms and one bath. The property will need a more comprehensive rehab—beyond simple cosmetic updates—but in return provides the chance to create two highly rentable units with solid cash flow potential. Situated close to local amenities, schools, and employment hubs, the location supports long-term rental demand and multiple exit strategies, whether a BRRRR, buy-and-hold, or resale. With the right updates, this property can become a reliable income-producing asset. Property is being sold as-is and is available to cash buyers only.

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Home facts

  • Year built:1925
  • Listing ID #:202535646
  • Added:1 day(s) ago
  • Updated:September 06, 2025 at 03:05 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,824 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1925
  • Building area:1,824 sq. ft.
  • Lot area:0.15 Acres

Schools

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

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$39,900
  • Price per sq. ft.:$18.24
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 2025 Indiana Regional MLS LLC.