Richmond, IN Multifamily Homes & Duplexes for Sale

/14
$84,900
- 1,132 Sq Ft
620 S 8th St, Richmond, IN 47374

This is an exceptional home that is currently a duplex, the condition for the price is amazing, and you will not believe all the amenities that this fantastic deal has to offer. The two plus car detached garage is perfect for a car enthusiast, and with the upstairs apartment you could live in this home for free. Call or text Kyle Tom today @ 765.220.0199 for your private tour or visit

Kyle Tom

Coldwell Banker Lingle

(765) 752-1833

620 S 8th St, Richmond, IN 47374
Explore Richmond
/9
$99,750
- 1,308 Sq Ft
414 S 9th St, Richmond, IN 47374

Great commercial opportunity with heavy traffic flow and high visibility. This site has potential for further expansion of existing or new retail opportunities. This site is located immediately north of the existing Family Dollar store at the corner of US 27 and South E Street. This property is also available as a long term investment rental with 2 large apartments and a very nice rentable 2.5

Kyle Tom

Coldwell Banker Lingle

(765) 945-2590

414 S 9th St, Richmond, IN 47374
/15
$135,000
- 6 Beds
- 2 Baths
2104 Grand Blvd, Richmond, IN 47374

Ellsbury Group presents a prime opportunity to acquire a de-risked multi-family asset in the Richmond, IN market. The property provides a rare combination of maximum operational efficiency (100% occupancy with stable tenants) and recent capital investment (updates completed), resulting in exceptional, reliable cash flow. The purchase immediately transfers a fully active income stream, making it a

Justin Lowe Ellsbury Commerical Group

2104 Grand Blvd, Richmond, IN 47374
/14
$119,900
- 2,328 Sq Ft
707 W Main St, Richmond, IN 47374

Outstanding Investment Opportunity - Fully Occupied 3-Unit Property with Strong Cash Flow! This well-maintained, turn-key investment is the perfect addition to any portfolio! With three updated units and a rented garage, this property is fully occupied with reliable tenants and generating $1,880/month in total income. Upstairs 2-Bedroom ($745/mo): Recently remodeled with fresh paint, updated

Tony Foust Coldwell Banker Lingle

707 W Main St, Richmond, IN 47374
/3
$79,500
- 2,640 Sq Ft
425 S 15th St, Richmond, IN 47374

East Side all brick Duplex, 3 bedrooms each side, $1150 month income , leased. Tenants pay all utilities. Solid income producer. Call Tim at 765-914-0994 for a private showing.

Tim Orr Coldwell Banker Lingle

425 S 15th St, Richmond, IN 47374
/14
$89,000
- 4 Beds
- 2 Baths
- 2,640 Sq Ft
1001 S 8th St, Richmond, IN 47374

Check out this duplex investment opportunity in Richmond! Both units are two bedroom, one bathroom and full of opportunity! Recent updates include a new roof, gutters, plumbing and electrical wiring. Don’t miss out!

Paul Faddis Tarter Realty Auction and Appraisal Company

1001 S 8th St, Richmond, IN 47374
/2
$60,000
- 4,776 Sq Ft
201 N 12th St, Richmond, IN 47374

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.

Derek Tiemann Key Realty Indiana

201 N 12th St, Richmond, IN 47374
/7
$59,000
- 7 Beds
- 2 Baths
- 2,989 Sq Ft
407 S 8th St, Richmond, IN 47374

Discover the potential in this duplex located in the heart of Richmond! Priced to sell, this property is perfect for investors or DIY enthusiasts looking for their next project. With spacious living areas and a flexible layout, this duplex offers endless possibilities for customization. Don't miss out on this fantastic opportunity to transform this property into a true gem.

Paul Faddis Tarter Realty Auction and Appraisal Company

407 S 8th St, Richmond, IN 47374
/8
$655,500
- 10,539 Sq Ft
Multiple Unit See Remarks, Richmond, IN 47374

Imagine a golden opportunity in the heart of Richmond, Indiana, where you can secure not just one, but eight remarkable properties bundled together in an unparalleled package deal for an unbeatable price of $655,500. Whether you're a savvy investor or an ambitious developer, this exclusive offering presents a unique chance to maximize your returns & enhance your portfolio. Each property boasts

Brian Ingle FC Tucker Richmond

Multiple Unit See Remarks, Richmond, IN 47374

Indiana Wayne County Richmond

Why Live in Richmond

Richmond, Indiana, located on the eastern edge of Wayne County near the Ohio border, is a city with a population of over 35,000. Known for its historic districts and affordable housing, Richmond features six areas on the National Register of Historic Places, including its Historic Downtown. The city is home to four college campuses, including Earlham College, and offers a range of attractions such as the Wayne County Historical Museum and the Joseph Moore Museum, both showcasing ancient Egyptian mummies. Art enthusiasts can explore works from the Richmond Group at the Richmond Art Museum. Outdoor activities are abundant with the Cardinal Greenway, Indiana’s longest rail trail, and Glen Miller Park, which offers trails, a disc golf course, and the Richmond Rose Garden. Dining options in the Depot District include Cordial Cork and Firehouse BBQ and Blues, while shopping is available in the Downtown district and Richmond Mall. The city hosts several annual events, including the Winter Meltdown Ice Festival and Oktoberfest. Richmond is conveniently situated within an hour's drive of both Indianapolis and Dayton, Ohio, with the James M. Cox Dayton International Airport 42 miles away. The city experiences warm summers and cold winters, with occasional tornadoes. Richmond's housing market is notably affordable, with home styles ranging from modest ranches and bungalows to Italianate and Tudor Revival homes.

Learn more about living in Richmond

Home Trends in Richmond, IN

On average, homes in Richmond, IN sell after 49 days on the market compared to the national average of 53 days. The median sale price for homes in Richmond, IN over the last 12 months is $142,750, consistent with the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$142,750

Median Single Family Sale Price

$146,000

Median Townhouse Sale Price

$85,000

Median 2 Bedroom Sale Price

$134,500

Average Price Per Sq Ft

$109

Number of Homes for Sale

123

Last 12 months Home Sales

512

Months of Supply

2.90

Median List Price

$151,650

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Richmond, there are currently 9 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $59,000 to $655,500, there's a range to accomodate every budget. As of November, 2025 the median home price in Richmond is $151,650, while the average sale price is $165,452, offering insights into the local housing market. On average, multi-family homes spend 49 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Richmond, IN.

Richmond Types of Homes for Sale

Richmond Homes by Price

More About Living in Richmond

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Greenville Homes for Sale

Homes in Nearby Counties

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