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Showcase Indiana Real Estate
223 S 12th St, Richmond, IN 47374
- $154,900
- 5
- BD
- 5
- BA
- 3,624
- SqFt
Listing courtesy of Mark Tooley from Tarter Realty Auction and Appraisal Company. Cell: 765-546-9051
Selling Office: NonMember MEIAR.- Sold Price
- $154,900
- List Price
- $159,900
- Status
- CLOSED
- MLS#
- 202608369
- Closing Date
- Apr 30, 2026
- Style
- Traditional
- Year Built
- 1900
- Days On Market
- Unknown
- Bedrooms
- 5
- Bathrooms
- 5
- Living Area
- 3,624
- Township
- Wayne
Property Description
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.
Additional Information
- Acres
- 0.17
- Water
- City
- Heating
- Natural Gas, Forced Air
- Cooling
- None
- Flooring
- Carpet
- School District
- Richmond Community Schools
- Elementary School
- Vaile
- Middle School
- Dennis
- High School
- Richmond
- Agent Name
- Mark Tooley
Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. 