1816 E Main Street, Richmond, IN 47374

Richmond
Local realty services provided by:Better Homes and Gardens Real Estate First Realty Group
1816 E Main Street,Richmond, IN 47374
$149,900
  • - Beds
  • - Baths
  • 1,634 sq. ft.
  • Multi-family
  • Active
Listed by: amber irwin
Office: better homes and gardens first realty group
MLS#:10054287
Source:IN_RAR

Price summary

  • Price:$149,900
  • Price per sq. ft.:$91.74

About this home

Great opportunity to own a 4-unit multifamily property in a historic east-side Richmond neighborhood. Each unit offers 2 bedrooms, with two currently occupied at $650/month each and two vacant and ready for new tenants. The vacant units provide immediate potential to increase overall rental income, while the existing units offer additional room for rent growth. Tenants pay their own gas and electric, while the owner pays water and sanitation. Each unit features gas furnace heat and window A/C. Off-street parking is available behind the property. Ideal for a first-time investor, experienced landlord, or out-of-state investor seeking a manageable multifamily opportunity. Conveniently located near Richmond's shopping, dining, recreation, services, and everyday amenities. With income already in place and two units ready to lease, this property offers flexibility and upside for its next owner. Call Amber Irwin for more information.

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Home facts

  • Year built:1900
  • Listing ID #:10054287
  • Added:12 day(s) ago
  • Updated:September 14, 2026 at 03:17 PM

Rooms and interior

  • Basement Description:Full Basement, Unfinished
  • Living area:1,634 sq. ft.

Heating and cooling

  • Cooling:Window

Structure and exterior

  • Roof:Shingle
  • Year built:1900
  • Building area:1,634 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Wood
  • Exterior Features:Covered Porch, Porch
  • Foundation Description:Basement
  • Levels:2 Stories

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$149,900
  • Price per sq. ft.:$91.74
  • Tax amount:$108

Features and amenities

  • Amenities:Cable Tv, Gas Water Heater

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