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About This Home
This 5-bedroom, 3-bathroom multi-family at 321 N 13th Street in Richmond, IN is listed for $119,900 ($61 per sqft). the home offers 1,976 sqft of living space on a 0.21 acres lot.
Excellent investment opportunity with this triplex offering immediate income potential. Currently 2 of the 3 units are occupied, providing cash flow while leaving room for additional rental income. Recent improvements include a new roof installed in 2025, new hand railings and porch spindle updates completed in 2026, and two units featuring new water heaters, with the third scheduled for installation soon.
One unit has been extensively updated with all new cabinets, countertops, flooring, and electrical service. Another unit received new carpeting in January 2025 along with updated outlets, switches, lights, and baseboard heaters. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers a solid combination of updates, income potential, and value.
Key Features
- 0.21 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$641/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
321 N 13th Street
Richmond, IN 47374
None
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Heating
Appliances
Questions & Answers
This 5-bedroom, 3-bathroom multi-family at 321 N 13th Street is listed at $119,900 ($61/sqft). The estimated monthly payment is $520 based on 20% down at 6.5% interest.
Key features include: 0.21 acre lot, 2 stories. Exterior Features: Basement, None.
This property is listed by Mark Tooley and can be reached at 7655469051 or mark.tooley@teamtarter.com.
