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111 S 11th St, Richmond, IN, 47374

--beds
1baths
3,818sqft
$59,900
$16price/sqft
$816/moest. monthly cost
$32,640/yrincome needed

About This Home

Massive upside on this 6-unit multifamily located at 111 S 11th St, Richmond Indiana! All units are separately metered for electric—keeping expenses down and maximizing cash flow potential. This property is a full rehab and priced accordingly, making it the perfect project for investors, flippers, or anyone looking to build serious equity and long-term income. Opportunity to convert the rear area into additional parking—adding even more value and tenant appeal. Located in a convenient area close to shopping, dining, and everyday amenities. Bring your vision, bring your crew, and turn this into a high-performing asset. Property is being sold as-is. *Some photos staged with Gemini to show possibilities*

Getting Around

78
WalkingVery Walkable
0
TransitVery Limited Transit
65
BikeBikeable

Schools

6/10
Vaile Elementary SchoolGrades PK-40.2 mi
--
Community Youth ServicesGrades K-121.0 mi
5/10
Richmond High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Basement,Crawl
  • Roof: Slate
  • Construction materials: Brick,Block

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bathrooms: 1

Interior Area

  • Total structure area: 3,818
  • Total interior livable area: 3,818 sqft

Property

Details

  • Parcel number: 891804110633.000030
  • Zoning: 4 to 19 Family Apartments

Features

  • Levels: Two
  • Patio & porch: None

Lot

  • Lot size: 8,276 sqft
  • Lot size dimensions: 50 x 165

Parking

  • Parking features: No Garage
  • Has uncovered spaces: Yes