For sale

$99,900

101 S 11th St, Richmond, IN 47374

3beds

3baths

1,910sqft

$706/mo

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Triplex, Multi Family

Built in 1920

-- sqft lot

$-- Zestimate^®

$52/sqft

$-- HOA

What's special

Exceptional three-unit investment opportunity on Richmond’s sought-after southeast side! This well-maintained triplex features three one-bedroom units, with two currently leased and one vacant and available for showing. The property has benefited from numerous updates and has maintained a strong rental history with its current tenants. Currently showing an attractive 9.9% cap rate, including allowances for management, repairs and maintenance, and vacancy, this property offers investors a solid income-producing opportunity in a desirable location. Whether you’re looking to expand your existing portfolio or make your first multifamily investment, this property is ready to go! For additional details, call or text Kyle Tom at 765-220-0199 or visit KyleTom.com.

19 days
296
25

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Rooms

Room types: Basement

Heating

Unit 1 Heat Type(Electric), Unit 2 Heat Type(Electric), Unit 3 Heat Type(Electric)

Cooling

Window Unit(s)

Appliances

Included: Unit 1 Appliances(Range-Electric, Refrigerator), Unit 2 Appliances(Range-Electric, Refrigerator), Unit 3 Appliances(Range-Electric, Refrigerator), Electric Water Heater, Water Heater

Features

Basement: Full
Has fireplace: No

Interior area

Total structure area: 1,910
Total interior livable area: 1,910 sqft

Property

Parking

Parking features: Open
Has uncovered spaces: Yes
Details: Driveway(Off Street)

Features

Levels: Two
Patio & porch: Patio

Lot

Size: 6,534 Square Feet

Details

Parcel number: 5004110637.00029
Zoning: RES

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Multi Family

Materials

Brick, Vinyl Siding
Foundation: Basement
Roof: Shingle

Condition

Year built: 1920

Utilities & green energy

Electric: Richmond Power and Light
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Richmond

Financial & listing details

Price per square foot: $52/sqft
Tax assessed value: $86,600
Annual tax amount: $1,776
Date on market: 8/11/2026
Total actual rent: 1700
Tenant pays: Unit 1 Electricity, Unit 2 Electricity, Unit 3 Electricity

Estimated market value

Not available

Estimated sales range

Not available

$988/mo

Price history

Date	Event	Price
8/11/2026	Listed for sale	$99,900+12.2%$52/sqft
Source: RLMS #10054164 Report a problem
5/4/2023	Sold	$89,000-10.1%$47/sqft
Source: MIBOR as distributed by MLS GRID #21906689 Report a problem
1/26/2023	Listing removed	--
Source: MIBOR as distributed by MLS GRID #21860834 Report a problem
1/10/2023	Pending sale	$99,000$52/sqft
Source: MIBOR as distributed by MLS GRID #21860834 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,564 +91.2%	$88,800 +13.6%
2024	$818 +0.2%	$78,200 +91.2%
2023	$816 +8.5%	$40,900 +0.2%
2022	$752 +0%	$40,800 +8.5%
2021	$752 +2.4%	$37,600
2020	$734 -5.2%	$37,600 +2.5%
2019	$774 +1%	$36,700 -5.2%
2018	$766 +0%	$38,700 +1%
2017	$766 -3%	$38,300
2016	$790 -0.3%	$38,300 -3.3%
2014	$792 +3.4%	$39,600 +3.4%
2013	$766 -1.3%	$38,300 -1.3%
2012	$776 +6.3%	$38,800 +6.3%
2011	$730 +5.2%	$36,500 +5.2%
2010	$694	$34,700
2009	$694 -47.5%	$34,700 -28.5%
2007	$1,323	$48,500 +1%
2006	--	$48,000 +28.3%
2005	--	$37,400