$109,000
$16K PRICE DROP

135 Richmond Ave Richmond, IN 47374

Richmond Area

Estimated payment $741/month

Total Views 5,915
-- Bed
-- Bath
2,960 Sq Ft
$37 Price per Sq Ft

Highlights

  • Covered Patio or Porch
  • Multiple Water Heaters
  • Wood Siding
  • Detached Garage

About This Home

Excellent opportunity to add a fully occupied triplex to your investment portfolio! This income-producing property offers immediate cash flow with three long-term tenants already in place and a strong rental history. Offering approximately 2,960 square feet, this spacious multifamily property features 1 -3 bedroom unit with Washer/Dryer hook up. 2 - 1 bedroom units, one with washer hook up. The building includes three furnaces, three water heaters, and seperate meters. Investors!!! YOU will appreciate the stability of established tenants, this property presents an excellent addition to a growing investment portfolio Please allow a minimum of 48-hour notice for all showings in order to respect tenant rights and schedules.

Listing Agent

Danielle Klein

REMAX ONE Listed on: 06/20/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Parking

  • Detached Garage

Home Design

  • Triplex
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,960 Sq Ft Home
  • 2.5-Story Property
  • Basement
  • Crawl Space
  • Electric Range
  • Washer and Dryer Hookup

Schools

  • Richmond High School

Utilities

  • Window Unit Cooling System
  • Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Gas Available
  • Multiple Water Heaters

Additional Features

  • Covered Patio or Porch
  • 10,019 Sq Ft Lot

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

10,019 Sq Ft Lot

Listing Details

  • OFFICELIST_ADDRESS: 135 Richmond Ave
  • Estimated Year Built: 1920
  • Bank Corporate Owned: No
  • Directions: Use GPS with the bridge being worked on
  • E X E M P T: Other
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 135 Richmond Ave
  • Geo Longitude: -84.902399
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 18
  • Improvements Valuation: 70800
  • Land Valuation: 18000
  • OFFICELIST_STATE: IN
  • Building Stories: 2.5
  • Tax Dup Number: 029-25023-00
  • Taxes Half: 855.01
  • Total Assessed Value: 88800
  • Number One Bed Units: 2
  • Number Three Bed Units: 1
  • Split Utilities: Yes
  • Unit 1 Appliances: Range-Electric, Refrigerator, Washer/Dryer Hookup
  • Unit 1 Heat Type: Gas
  • Unit 2 Appliances: Range-Electric, Refrigerator, Other
  • Unit 2 Heat Type: Gas
  • Unit 3 Appliances: Range-Electric, Refrigerator
  • Unit 3 Heat Type: Gas
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Basement Type: Triplex

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Wood
  • Foundation: Crawl
  • Porch/Deck Type: Covered

Garage/Parking

  • Garage Type: Garage-Detached

Utilities

  • Air Conditioner: Window
  • Electric Company: Richmond Power and Light
  • Gas Company: Vectren Gas Company
  • Sewer: City
  • Hot Water: City
  • Number Water Heaters: 3

Condo/Co-op/Association

  • Number of Units: 3

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • High School: Richmond

Lot Info

  • Geo Update Timestamp: 2026-06-20
  • Estimated Number Acres: 0.23
  • Land Contract: No
  • Lot Size: 0.23
  • Zoning: ZO01 Residential

Multi Family

  • Number Furnaces: 3

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,710 $85,500 $16,800 $68,700
2024 $1,466 $73,300 $14,300 $59,000
2023 $13 $64,300 $12,500 $51,800
2022 $834 $41,700 $12,500 $29,200
2021 $684 $34,200 $12,500 $21,700
2020 $684 $34,200 $12,500 $21,700
2019 $684 $34,200 $12,500 $21,700
2018 $682 $34,100 $12,500 $21,600
2017 $632 $31,600 $12,500 $19,100
2016 $642 $32,100 $12,500 $19,600
2014 $698 $34,900 $12,500 $22,400
2013 $698 $34,100 $12,500 $21,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2026 08/04/26 Price Changed $109,000 -12.8% $37 / Sq Ft
06/20/2026 06/20/26 For Sale $125,000 +92.3% $42 / Sq Ft
01/19/2022 01/19/22 Sold $65,000 -1.4% $22 / Sq Ft View Prior Sale
12/08/2021 12/08/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $65,900 -- $22 / Sq Ft
Source: Richmond Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $65,000 Parker Craig C
Quit Claim Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $48,750 New Conventional
Closed $48,750 New Conventional
Source: Public Records

Source: Richmond Association of REALTORS®

MLS Number: 10053759

APN: 89-16-32-320-608.000-030

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