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For sale
    • $125,000

    135 Richmond Ave, Richmond, IN 47374

    5beds
    3baths
    2,960sqft
    : 
    $876/mo
    Get pre-qualified
    Triplex, Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $42/sqft
    $-- HOA

    What's special

    Washer hook upThree water heatersThree furnaces
    Excellent opportunity to add a fully occupied triplex to your investment portfolio! This income-producing property offers immediate cash flow with three long-term tenants already in place and a strong rental history. Offering approximately 2,960 square feet, this spacious multifamily property features 1 -3 bedroom unit with Washer/Dryer hook up. 2 - 1 bedroom units, one with washer hook up. The building includes three furnaces, three water heaters, and seperate meters. Investors!!! YOU will appreciate the stability of established tenants, this property presents an excellent addition to a growing investment portfolio Please allow a minimum of 48-hour notice for all showings in order to respect tenant rights and schedules.
    40 days
    |
    131
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Danielle Klein,

    REMAX ONE

    Source: RLMS,MLS#: 10053759MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      Rooms
      • Room types: Basement
      Heating
      • Unit 1 Heat Type(Gas), Unit 2 Heat Type(Gas), Unit 3 Heat Type(Gas)
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Unit 1 Appliances(Range-Electric, Refrigerator), Unit 2 Appliances(Range-Electric, Refrigerator, Other), Unit 3 Appliances(Range-Electric, Refrigerator), Water Heater
      • Laundry: Unit 1 Washer/Dryer Hookup
      Features
      • Has basement: Yes
      • Has fireplace: No
      Interior area
      • Total structure area: 2,960
      • Total interior livable area: 2,960 sqft

      Property

      Parking
      • Parking features: Detached
      • Has garage: Yes
      Features
      • Levels: 2.5
      • Patio & porch: Covered
      Lot
      • Size: 10,018 Square Feet
      • Dimensions: 0.23
      Details
      • Parcel number: 891632320608.000030
      • Zoning: ZO01 Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex, Multi Family
      Materials
      • Wood Siding, Stick
      • Foundation: Crawl
      Condition
      • Year built: 1920

      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: $42/sqft
      • Tax assessed value: $88,800
      • Annual tax amount: $1,710
      • Date on market: 6/20/2026
      • Total actual rent: 1875
      • Tenant pays: Unit 1 Electricity

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $943/mo

        Price history

        DateEventPrice
        6/20/2026Listed for sale$125,000+13.7%$42/sqft
        Source: RLMS #10053759 Report a problem
        12/13/2021Listing removed--
        Source: RLMS #10042114 Report a problem
        11/23/2021Price change$109,900+144.8%$37/sqft
        Source: RLMS #10042114 Report a problem
        11/23/2021Listed for sale$44,900-59.1%$15/sqft
        Source: RLMS #10041203 Report a problem
        10/1/2021Listing removed--
        Source: RLMS Report a problem
        9/17/2021Price change$109,900+144.8%$37/sqft
        Source: RLMS #10042114 Report a problem
        9/14/2021Price change$44,900-59.1%$15/sqft
        Source: RLMS #10041203 Report a problem
        9/13/2021Price change$109,900+144.8%$37/sqft
        Source: RLMS #10042114 Report a problem
        6/29/2021Listed for sale$44,900$15/sqft
        Source: RLMS #10041203 Report a problem
        6/15/2021Pending sale$44,900$15/sqft
        Source: RLMS #10041203 Report a problem
        6/7/2021Price change$44,900-62.6%$15/sqft
        Source: RLMS #10041203 Report a problem
        5/19/2021Listed for sale$119,900+0.8%$41/sqft
        Source: RLMS #10041203 Report a problem
        5/16/2013Listing removed$119,000$40/sqft
        Source: Better Homes and Gardens Real Estate Big Hill #10017948 Report a problem
        3/21/2013Listed for sale$119,000$40/sqft
        Source: Better Homes and Gardens Real Estate Big Hill #10017948 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,466 +14%$85,500 +16.6%
        2024$1,286 +54.2%$73,300 +14%
        2023$834 +21.9%$64,300 +54.2%
        2022$684 $41,700 +21.9%
        2021$684 $34,200
        2020$684 +0.3%$34,200
        2019$682 +7.9%$34,200 +0.3%
        2018$632 -1.6%$34,100 +7.9%
        2017$642 -11.3%$31,600 -1.6%
        2016$724 +3.7%$32,100 -8%
        2014$698 +2.3%$34,900 +2.3%
        2013$682 -0.6%$34,100 -0.6%
        2012$686 -33%$34,300 -33%
        2011$1,024 $51,200
        2010$1,024 -9.4%$51,200 -9.4%
        2009$1,130 -46.2%$56,500 -26.6%
        2007$2,100 $77,000 +3.2%
        2006-- $74,600 +0.1%
        2005-- $74,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 47374

        Getting around

        57 / 100
        Somewhat Walkable
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Richmond

        Source: RLMS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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