Turnkey investment opportunity! This duplex offers immediate income with the lower unit currently rented to a long-term tenant (8+ years). The upper unit is vacant and move-in ready, providing an excellent opportunity to set rents and maximize cash flow. Electric is separately metered for each unit. *THE ROOF IS ONLY 3 YEARS OLD*, minimizing near-term maintenance concerns. Whether you're expanding your portfolio or looking for a value-add opportunity, this property offers strong income potential with flexibility for the new owner.
MLS #:
10052932
Type
Multifamily
Year Built
1918
County
Wayne County
Listed By
Jeff Mustard, Coldwell Banker Lingle
Source RICHMOND IN AOR Last checked Mar 5 2026 at 6:36 AM GMT+0000
Bathroom Details
Heating and Cooling
Window
Exterior Features
Vinyl
Roof: Asphalt
Utility Information
Sewer: City
School Information
High School: Richmond
Stories
2
Living Area
1,740 sqft
Listing Brokerage Notes
Buyer Brokerage Compensation: 3%
*Details provided by the brokerage, not MLS (Multiple Listing Service). Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Disclaimer: Copyright 2026 Richmond Indiana Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 3/4/26 22:36
Description