$17,000

42 S 16Th Street, Richmond, IN 47374

  • 2 beds |
  • 1 bath |
  • 1,516 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1880
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $11/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

Prime opportunity for investors! This 2-bedroom, 2-bath property with 1,316 sq ft was previously configured as a duplex, offering excellent potential for redevelopment. Whether restoring the two-unit layout for income-producing capability or reimagining the space as a single residence, this property provides flexibility for a variety of investment strategies. The home will require substantial updates and repairs, making it an ideal project for experienced investors and/or flippers.

Listing Status:
Pending
Date Added:
December 8, 2025 at 06:00AM
Listing Office:
Ping Realty, LLC : 317-332-8726
Listing Agent:
Robert Ping : 317-332-8726
MLS ID:
202548436
  • Basement: Partial BasementUnfinished
  • A/C: None
  • Heating: None
  • General: Wood
  • Style: TraditionalTwo Story
  • School District: Richmond Community Schools
  • Zoning: S 1/2 LOT 31 M & P89-18-04-120-105.000-030
  • Water: Public
  • Sewer: Public

This listing courtesy of Robert Ping, Ping Realty, LLC

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

0.32 miles away

D

Dennis Middle School

222 NW 7th St, Richmond, IN, 47374

Grades 7-8

1.64 miles away

R

Richmond High School

380 Hub Etchison Pkwy, Richmond, IN, 47374

Grades 9-12

1.19 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.