$60,000
$20K PRICE DROP

201 N 12th St Richmond, IN 47374

Estimated payment $375/month

Total Views 7,287
-- Bed
-- Bath
4,776 Sq Ft
$13 Price per Sq Ft

About This Home

Great opportunity to purchase a 5-plex in Richmond's historic area. There are 3: two-bedrooms units and 2: one-bedroom units.electric is split and paid directly by tenants, and gas, water, sewage is paid by owner and billed to tenants. Property is not rent ready. It will require work prior to renting.

Listing Agent

Derek Tiemann

Key Realty Indiana Listed on: 08/21/2025

Key Realty Indiana

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 4,776 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Basement

Schools

  • Starr Elementary School
  • Test Middle School
  • Richmond High School

Utilities

  • Window Unit Cooling System
  • Furnace
  • Gas Available
  • Gas Water Heater

Additional Features

  • Patio
  • 9,409 Sq Ft Lot
  • Efficiency Studio Dwelling Unit

Community Details

  • 5 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 201 N 12th street
  • Estimated Year Built: 1890
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 201 N 12th St
  • Geo Longitude: -84.885928
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Taxes Half: 1055
  • Number One Bed Units: 1
  • Number Two Bed Units: 3
  • Split Utilities: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Has Basement: Yes
  • Basement Type: 5 or More
  • Window Treatments Stay: All

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Brick
  • Foundation: Basement
  • Porch/Deck Type: Patio
  • Roof Type: Shingle

Garage/Parking

  • Garage Type: None

Utilities

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

Condo/Co-op/Association

  • Number of Units: 5

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • Elementary School: Starr
  • High School: Richmond
  • Middle School: Test

Lot Info

  • Geo Update Timestamp: 2025-08-21
  • Estimated Number Acres: 0.216
  • Land Contract: No
  • Lot Size: .216

Multi Family

  • Number Furnaces: 1

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2025 10/09/25 Price Changed $60,000 -25.0% $13 / Sq Ft
08/21/2025 08/21/25 For Sale $80,000 -- $17 / Sq Ft
Source: Richmond Association of REALTORS®

Source: Richmond Association of REALTORS®

MLS Number: 10051837

Indiana Wayne County Richmond 47374

201 N 12th St, Richmond, IN

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Derek Tiemann
Listing Agent
Derek Tiemann
Section Image
Key Realty Indiana
(765) 632-3329