Pending

$59,900

111 S 11th St, Richmond, IN 47374

--beds

1baths

3,818sqft

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Multi Family

Built in 1900

-- sqft lot

$-- Zestimate^®

$16/sqft

$-- HOA

What's special

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*

92 days

14

0

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 1

Rooms

Room types: Basement

Features

Basement: Partial
Has fireplace: No

Interior area

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

Property

Parking

Parking features: No Garage
Has uncovered spaces: Yes
Details: Driveway(Street)

Features

Levels: Two
Patio & porch: None

Lot

Size: 8,276 Square Feet
Dimensions: 50 x 165

Details

Parcel number: 891804110633.000030
Zoning: 4 to 19 Family Apartments

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick, Block
Foundation: Basement, Crawl
Roof: Slate

Condition

Year built: 1900

Utilities & green energy

Electric: Richmond Power and Light
Gas: Vectren/Centerpoint
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Richmond

Financial & listing details

Price per square foot: $16/sqft
Tax assessed value: $69,300
Annual tax amount: $1,386
Date on market: 4/17/2026

Estimated market value

Not available

Estimated sales range

Not available

$900/mo

Price history

Date	Event	Price
5/18/2026	Pending sale	$59,900$16/sqft
Source: RLMS #10053261 Report a problem
4/17/2026	Listed for sale	$59,900-20.1%$16/sqft
Source: RLMS #10053261 Report a problem
5/20/2020	Listing removed	$75,000$20/sqft
Source: The Vearus Group #21702330 Report a problem
3/26/2020	Listed for sale	$75,000$20/sqft
Source: The Vearus Group #21702330 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,386 -6.5%	$69,300
2024	$1,482 -0.9%	$69,300 -6.5%
2023	$1,496 +471%	$74,100 -0.9%
2022	$262 +0%	$74,800 +471%
2021	$262 +1.5%	$13,100
2020	$258 -3%	$13,100 +1.6%
2019	$266 +0.8%	$12,900 -3%
2018	$264 +2540%	$13,300 +0.8%
2017	$10 -99.2%	$13,200 +2540%
2016	$1,328 -21.2%	$500 -99.4%
2014	$1,686 +3.4%	$84,300 +3.4%
2013	$1,630 -2.5%	$81,500 -0.9%
2012	$1,672 -10.6%	$82,200 -10.7%
2011	$1,871 +5.3%	$92,100 +5.3%
2010	$1,777 -0.1%	$87,500
2009	$1,779 -32.3%	$87,500 -9.1%
2007	$2,626	$96,300 -25.4%
2006	--	$129,100 +41.4%
2005	--	$91,300

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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