312 Lincoln Street, Richmond, IN 47374
Local realty services provided by:Better Homes and Gardens Real Estate Connections
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
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