413 S 6TH STREET, Richmond, IN 47374

Richmond
Local realty services provided by:Better Homes and Gardens Real Estate First Realty Group
413 S 6TH STREET,Richmond, IN 47374
$79,900
  • - Beds
  • - Baths
  • 1,272 sq. ft.
  • Multi-family
  • Active
Listed by: kyle tom
Office: coldwell banker lingle
MLS#:10054700
Source:IN_RAR

Price summary

  • Price:$79,900
  • Price per sq. ft.:$62.81

About this home

EXCEPTIONAL DUPLEX INVESTMENT OPPORTUNITY – NEARLY 10.5% CAP RATE! Don't miss this outstanding opportunity to own a well-maintained, income-producing duplex featuring two spacious 2-bedroom apartments and over 1,272 square feet! The downstairs unit is currently leased, providing immediate rental income, while the upstairs unit is vacant, in excellent condition, and ready for a new tenant or potential owner-occupant. Featuring separate utilities, low operating expenses, vinyl siding, and a history of long-term tenancy, this property offers an attractive combination of affordability, condition, and income potential. With an estimated cap rate approaching 10.5%, even allowing for professional management, the numbers make this an especially appealing investment opportunity! Whether you're expanding your rental portfolio or considering living in one unit while renting the other, this clean, well-maintained property offers tremendous flexibility. Conveniently located and priced with a...

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Home facts

  • Year built:1890
  • Listing ID #:10054700
  • Added:3 day(s) ago
  • Updated:November 07, 2026 at 04:11 PM

Rooms and interior

  • Rooms Total:10
  • Basement Description:Full Basement
  • Living area:1,272 sq. ft.

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1890
  • Building area:1,272 sq. ft.
  • Lot area:0.24 Acres
  • Construction Materials:Vinyl
  • Exterior Features:Deck
  • Foundation Description:Basement
  • Levels:2 Stories

Schools

  • High school:Richmond
  • Middle school:Test
  • Elementary school:Vaile

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$79,900
  • Price per sq. ft.:$62.81
  • Tax amount:$751

Features and amenities

  • Amenities:Electric Water Heater

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