500 S 10TH STREET, Richmond, IN 47374

Richmond
Local realty services provided by:Better Homes and Gardens Real Estate First Realty Group
500 S 10TH STREET,Richmond, IN 47374
$160,000
  • - Beds
  • - Baths
  • 3,010 sq. ft.
  • Multi-family
  • Pending
Listed by: tony foust
Office: coldwell banker lingle
MLS#:10053312
Source:IN_RAR

Price summary

  • Price:$160,000
  • Price per sq. ft.:$53.16

About this home

Unlock immediate income potential with this versatile 4-unit investment opportunity on a prime corner lot near South E Street with off-street parking available. Whether you're expanding your portfolio or making your first move into multifamily investing, this property offers the perfect blend of cash flow, upside, and flexibility. Live smart and occupy one unit while the remaining units help cover your mortgage or maximize returns by leasing all four. The property currently features a leased 2-bedroom apartment generating $850 (with gas and electric in the tenant's name), plus two updated 1-bedroom units ready for new tenants. These rent-ready apartments showcase attractive finishes including lvp, tile throughout the kitchens and baths, along with newer stainless steel appliances designed to appeal to quality renters. The fourth unfinished unit presents a rare value-add opportunity with multiple strategies: complete it as an open-concept efficiency, create an additional 1-bedroom...

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Home facts

  • Year built:1900
  • Listing ID #:10053312
  • Added:157 day(s) ago
  • Updated:July 06, 2026 at 07:47 AM

Rooms and interior

  • Rooms Total:16
  • Basement Description:Full Basement
  • Living area:3,010 sq. ft.

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1900
  • Building area:3,010 sq. ft.
  • Lot area:0.19 Acres
  • Construction Materials:Brick, Vinyl
  • Foundation Description:Basement
  • Levels:2 Stories

Schools

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

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$160,000
  • Price per sq. ft.:$53.16
  • Tax amount:$100

Features and amenities

  • Amenities:Electric Water Heater, Gas Water Heater

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