223 S 12th Street, Richmond, IN 47374

Local realty services provided by:Better Homes and Gardens Real Estate First Realty Group
223 S 12th Street,Richmond, IN 47374
$159,900
  • - Beds
  • - Baths
  • 3,624 sq. ft.
  • Multi-family
  • Active
Listed by: mark tooley
Office: tarter realty, auction & appraisals co
MLS#:10053022
Source:IN_RAR

Price summary

  • Price:$159,900
  • Price per sq. ft.:$44.12

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 #:10053022
  • Added:2 day(s) ago
  • Updated:March 16, 2026 at 02:53 PM

Rooms and interior

  • Basement Description:Partial Basement
  • Living area:3,624 sq. ft.

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1900
  • Building area:3,624 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Vinyl
  • Foundation Description:Basement, Crawl
  • Levels:2 Stories

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$159,900
  • Price per sq. ft.:$44.12
  • Tax amount:$603

Parking

  • Parking description:Concrete Driveway