Accepting backups

$160,000

126 S 12th St, Richmond, IN 47374

4beds

3baths

2,380sqft

$1,173/mo

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Triplex, Multi Family

Built in 1921

-- sqft lot

$-- Zestimate^®

$67/sqft

$-- HOA

What's special

Baseboard heat throughout

This all-electric three-unit property offers an investment opportunity in Richmond, Indiana. This real estate option presents a way to build a portfolio, with the option to live in one unit while leasing the others to maximize returns. All three units are currently leased, providing immediate rental activity. The property features baseboard heat throughout to keep the spaces warm and comfortable during cooler months. The owner covers the utility costs for water and trash, simplifying the management of the property.

31 days
82
8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3

Rooms

Room types: Basement

Heating

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

Appliances

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

Features

Basement: Partial
Has fireplace: No

Interior area

Total structure area: 2,380
Total interior livable area: 2,380 sqft

Property

Parking

Parking features: Detached
Has garage: Yes
Details: Driveway(No)

Features

Levels: Two
Patio & porch: Other

Lot

Size: 5,793 Square Feet
Dimensions: 35 x 165

Details

Parcel number: 891804110610.000030
Zoning: Res

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Multi Family

Materials

Brick
Foundation: Basement
Roof: Metal

Condition

Year built: 1921

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Richmond

Financial & listing details

Price per square foot: $67/sqft
Tax assessed value: $51,500
Annual tax amount: $1,081
Date on market: 9/16/2026
Total actual rent: 2100
Tenant pays: Unit 1 Gas, Unit 2 Gas, Unit 3 Gas, Unit 1 Electricity, Unit 2 Electricity, Unit 3 Electricity

Estimated market value

Not available

Estimated sales range

Not available

$1,067/mo

Price history

Date	Event	Price
10/7/2026	Pending sale	$160,000$67/sqft
Source: RLMS #10054380 Report a problem
9/16/2026	Listed for sale	$160,000+190.9%$67/sqft
Source: RLMS #10054380 Report a problem
4/1/2024	Sold	$55,000-25.2%
Source: IRMLS #202338226 Report a problem
3/18/2024	Pending sale	$73,500
Source: IRMLS #202338226 Report a problem
1/24/2024	Price change	$73,500-8%$31/sqft
Source: RLMS #10047319 Report a problem
11/6/2023	Price change	$79,900-5.9%
Source: IRMLS #202338226 Report a problem
10/18/2023	Listed for sale	$84,900+73.3%$36/sqft
Source: RLMS #10047319 Report a problem
9/24/2014	Listing removed	$49,000$21/sqft
Source: Better Homes and Gardens Real Estate Big Hill #10022092 Report a problem
3/28/2014	Listed for sale	$49,000-2%$21/sqft
Source: Better Homes and Gardens Real Estate Big Hill #10022092 Report a problem
3/24/2011	Listing removed	$50,000$21/sqft
Source: Owner Report a problem
8/11/2009	Listed for sale	$50,000$21/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$693 +13.4%	$51,500 +15.5%
2024	$611 -22.3%	$44,600 +13.5%
2023	$786 +8.9%	$39,300
2022	$722	$39,300 +8.9%
2021	$722 +2.6%	$36,100
2020	$704 +2%	$36,100 +2.6%
2019	$690 -0.3%	$35,200 +2%
2018	$692 0%	$34,500 -0.3%
2017	$692 -4.7%	$34,600
2016	$726 +0.8%	$34,600 -3.9%
2014	$720 -27%	$36,000 -27%
2013	$986 -1.6%	$49,300 -1.6%
2012	$1,002 +10.1%	$50,100 +10.1%
2010	$910 -20.6%	$45,500 -20.6%
2009	$1,146	$57,300