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Richmond, IN Multifamily Homes & Duplexes for Sale

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  • /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

    Agent Photo

    Kyle Tom

    Coldwell Banker Lingle

    (765) 752-1833

    620 S 8th St, Richmond, IN 47374
  • /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

    Agent Photo

    Kyle Tom

    Coldwell Banker Lingle

    (765) 945-2590

    414 S 9th St, Richmond, IN 47374
  • /17

    $80,000

    • 2 Beds
    • 1 Bath

    806 S 8th St, Richmond, IN 47374

    Add the finishing touch to this multi-family home. Each Unit is a 2BR 1BA with first floor laundry. This project is ideal for investors or homeowners looking to customize the final details. New furnaces. New water heaters.

    Agent Photo

    Elizabeth Hughey

    White's Farm Est. 1922 DBA White's Realty

    (765) 548-3469

    806 S 8th St, Richmond, IN 47374
  • /25

    $80,000

    • 4,776 Sq Ft

    201 N 12th St, Richmond, IN 47374

    Great opportunity to purchase a cash flowing 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. Some units can be rent ready with others needing little work. Current owner only selling due to relocating out of state. *Picture were taken prior to

    Terri Rust Fathom Realty

    201 N 12th St, Richmond, IN 47374
  • /3

    $74,900

    • 2,876 Sq Ft

    153 Richmond Ave, Richmond, IN 47374

    Excellent Turn-Key investment opportunity for a fully rented Triplex with strong cash flow! This fully rented triplex generates a total gross income of $1,635 per month. The property includes a 1 Bedroom Apartment leased at $610/month, 2 Bedroom Apartment leased at $625/month, and a Barber Shop Unit; Long-term tenant paying $400/month. This solid income-producing property is ideal for both new

    Tony Foust Coldwell Banker Lingle

    153 Richmond Ave, Richmond, IN 47374
  • /22

    $65,000

    • 2,130 Sq Ft

    426 S 8th St Unit 426 1/2 8th Street, Richmond, IN 47374

    Two unit investment property currently occupied with long time tenants under month to month leases. The downstairs furnace replaced approx. 10 years ago and the upstairs water heater is approx. 5 years old. Utilities split. .owner pays water and sewage averaging $100 per month. Call or Text Debbie Rudd for additional information at 765-969-6822. Text 914698 to 35620 for more information and

    Debbie Rudd Better Homes and Gardens First Realty Group

    426 S 8th St Unit 426 1/2 8th Street, Richmond, IN 47374
  • /10

    $250,000

    609 Sheridan St Unit 613, 6111, 6112, 6, Richmond, IN 47374

    Brief Legal: LOTS 5 & 6 WDJ BRANNON SUB LOT 1B; 25' S PT W END LOT 4 WDJ & PT LOT 1 WHB & PT VAC ALLEY 0.075A All tenants are month to month. 609 & 613 are single family units, 611 #1 & 611#2 tenants, 611 #3 & 611 #4 are vacant and in need of renovations. Tremendous opportunity. Please do not bother tenants or enter circular driveway. Qualified buyers only. Contact Lori Rider @ 765-967-1750 with

    Lori Rider Richmond Community Real Estate

    609 Sheridan St Unit 613, 6111, 6112, 6, Richmond, IN 47374
  • /4

    $79,500

    • 1,519 Sq Ft

    414 NW 3rd St, Richmond, IN 47374

    Investment opportunity! 414 Northwest 3rd Street is a two-unit property, each could lease for $500 per unit, providing a steady income streamand significant investment potential. This home features 4 bedrooms, 2 bathrooms, and 1,500 square feet of living space. In addition to being anexcellent investment, this property boasts a welcoming atmosphere with a spacious layout, making it perfect for

    BRIAN INGLE FC Tucker Richmond

    414 NW 3rd St, Richmond, IN 47374
  • /4

    $104,500

    • 1,774 Sq Ft

    1019 S 8th St, Richmond, IN 47374

    Investment opportunity! 1019 South 8th Street is a duplex currently leased for $450 per month on one side and $650 per month on the other side, providing a combined steady income stream and significant investment potential. This duplex features a total of 4 bedrooms, 2.5 bathrooms,and 1,700 square feet of living space. In addition to being an excellent investment, this property boasts a welcoming

    BRIAN INGLE FC Tucker Richmond

    1019 S 8th St, Richmond, IN 47374
  • /14

    $99,000

    • 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! Don’t miss out.

    Paul Faddis Tarter Realty Auction and Appraisal Company

    1001 S 8th St, Richmond, IN 47374
  • /7

    $64,000

    • 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

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.

Home Trends in Richmond, IN

Housing Trends

Median Sale Price
$205,000
Median Single Family Sale Price
$205,000
Average Price Per Sq Ft
$145
Number of Homes for Sale
7
Last 12 months Home Sales
36
Months of Supply
2.30
Median List Price
$225,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
43%
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