321 N 13th St, Richmond, IN 47374

$115,000
5
BD
3
BA
1,976
SqFt

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Listing courtesy of Mark Tooley from Tarter Realty Auction and Appraisal Company. Cell: 765-546-9051

Selling Office: NonMember MEIAR.

Sold Price
$115,000
List Price
$119,900
Status
CLOSED
MLS#
202621131
Closing Date
Aug 10, 2026
Style
Traditional
Year Built
1880
Days On Market
Unknown
Bedrooms
5
Bathrooms
3
Living Area
1,976
Township
Wayne

Property Description

Excellent investment opportunity with this triplex offering immediate income potential. Currently 2 of the 3 units are occupied, providing cash flow while leaving room for additional rental income. Recent improvements include a new roof installed in 2025, new hand railings and porch spindle updates completed in 2026, and two units featuring new water heaters, with the third scheduled for installation soon. One unit has been extensively updated with all new cabinets, countertops, flooring, and electrical service. Another unit received new carpeting in January 2025 along with updated outlets, switches, lights, and baseboard heaters. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers a solid combination of updates, income potential, and value.

Additional Information

Acres
0.21
Water
City
Heating
Electric, Baseboard
Cooling
None
Flooring
Carpet, Vinyl
School District
Richmond Community Schools
Elementary School
Starr
Middle School
Dennis
High School
Richmond
Agent Name
Mark Tooley

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.


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