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Richmond, IN, 47374 • 47374 • Wayne County
6Beds
2Baths
0.09 acLot
1900Built
Character Home
Built 1900 · 126 years of history
No Subdivision
47374
This home is in high demand
Listed 22 days ago · 31 views · Top 9% likely to sell soon
Demand and pricing signals for this listing
31 views
People checking out this listing
22 days on market
Recently listed
This home ranks in the top 9% of listings most likely to go under contract soon, based on market activity and demand signals.
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Multi Family · Built 1900 · Historic
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 truly "mailbox money" investment. Minimal operational disruption and strong in-place financials position this duplex as a superior passive income producer. Key Investment Features: Exceptional Cash Flow: The property is structured to deliver a large, positive cash flow from day one, offering a superior return on investment compared to many other available properties. Fully Occupied & Stable: Enjoy 100% occupancy with stabilized, reliable tenants. This eliminates the vacancy risk and immediate leasing costs typically associated with investment property acquisition. Recent Updates: Thoughtful recent updates have been completed throughout the property, minimizing immediate capital expenditures for the new owner and ensuring the units are attractive and well-maintained. Ideal Duplex Configuration: Featuring a desirable side-by-side duplex layout (believed to be 3 bedrooms and 1 bath per unit, this setup offers excellent tenant appeal and maximized rental potential.
Based on current rates
Est. 6.83% rate · 30yr fixed · $100,000 loan
Full calculator →Key facts and listing details
2 categories of property features
Market data and value estimates
3 schools rated nearby
Richmond, IN, 47374
6 events
12 years of records
Local context around this listing
Richmond, IN • Wayne County
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026-04-09 01:08:01 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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