$159,900

223 S 12th Street, Richmond, IN 47374

  • 5 beds |
  • 5 baths |
  • 4,056 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $39/sqft
  • Property List Date Icon Listed 23 days ago

Property Description

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.

Listing Status:
Pending
Date Added:
March 13, 2026
Data Last Updated:
April 5, 2026 at 4:59AM
Listing Office:
Tarter Realty Auction and Appraisal Company : 765-595-8155
Listing Agent:
Mark Tooley : 765-546-9051
MLS ID:
202608369
  • Basement: CrawlPartial Basement
  • Flooring: Carpet
  • A/C: None
  • Heating: GasForced Air
  • General: Vinyl
  • Style: TraditionalTwo Story
  • Other Structures: None
  • Parking: Off StreetStreetParking spaces: 2
  • Roofing: AsphaltShingle
  • School District: Richmond Community Schools
  • Driveway: Concrete
  • Zoning: N 1/2 & S 1/2 LOT 15 MP89-18-04-130-104.000-030

This listing courtesy of Mark Tooley , Tarter Realty Auction and Appraisal Company

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Vaile Elementary School

300 S 14th St, Richmond, IN, 47374

Grades PK-4

0.12 miles away

D

Dennis Middle School

222 NW 7th St, Richmond, IN, 47374

Grades 7-8

1.43 miles away

R

Richmond High School

380 Hub Etchison Pkwy, Richmond, IN, 47374

Grades 9-12

0.87 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.