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  • $125,000

    2104 Grand Blvd, Richmond, IN 47374

    6beds
    2baths
    --sqft
    Multi Family, Duplex
    Built in 1900
    -- sqft lot
    $127,200 Zestimate®
    $--/sqft
    $880 Estimated rent

    Home value

    $127,200

    Estimated sales range

    Not available

    $880/mo

    Zestimate® history
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    What's special

    Ellsbury Group presents a prime opportunity to acquire a de-risked multi-family asset in the Richmond, IN market. The property provides a rare combination of maximum operational efficiency (100% occupancy with stable tenants) and recent capital investment (updates completed), resulting in exceptional, reliable cash flow. The purchase immediately transfers a fully active income stream, making it a truly "mailbox money" investment. Minimal operational disruption and strong in-place financials position this duplex as a superior passive income producer. Key Investment Features: Exceptional Cash Flow: The property is structured to deliver a large, positive cash flow from day one, offering a superior return on investment compared to many other available properties. Fully Occupied & Stable: Enjoy 100% occupancy with stabilized, reliable tenants. This eliminates the vacancy risk and immediate leasing costs typically associated with investment property acquisition. Recent Updates: Thoughtful recent updates have been completed throughout the property, minimizing immediate capital expenditures for the new owner and ensuring the units are attractive and well-maintained. Ideal Duplex Configuration: Featuring a desirable side-by-side duplex layout (believed to be 3 bedrooms and 1 bath per unit, this setup offers excellent tenant appeal and maximized rental potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Lowe 765-401-1122,

    Ellsbury Group,

    David Orton 317-412-1572,

    Ellsbury Group

    Source: MIBOR as distributed by MLS GRID,MLS#: 22072116MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Cooling
    • Window Unit(s)
    Features
    • Has basement: Yes

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 3,920 Square Feet
    Details
    • Parcel number: 891633420327000030

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Condition
    • New construction: No
    • Year built: 1900

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: No Subdivision
    Location
    • Region: Richmond

    Financial & listing details

    • Tax assessed value: $89,200
    • Annual tax amount: $1,540
    • Date on market: 11/6/2025
    • Cumulative days on market: 54 days
    • Tenant pays: Electricity, Trash Collection

    Price history

    DateEventPrice
    3/17/2026Sold$125,000-7.4%
    Source: MIBOR as distributed by MLS GRID #22072116 Report a problem
    12/27/2025Pending sale$135,000
    Source: MIBOR as distributed by MLS GRID #22072116 Report a problem
    11/6/2025Listed for sale$135,000+107.7%
    Source: MIBOR as distributed by MLS GRID #22072116 Report a problem
    11/8/2023Sold$65,000-10.3%
    Source: Agent Provided Report a problem
    9/14/2023Price change$72,500-7.6%
    Source: RLMS #10047016 Report a problem
    9/1/2023Listed for sale$78,500
    Source: RLMS #10047016 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,540 +118.8%$89,200 +15.8%
    2024$704 +0%$77,000 +118.8%
    2023$704 0%$35,200
    2022$704 $35,200
    2021$704 $35,200
    2020$704 $35,200
    2019$704 -36.2%$35,200
    2018$1,103 +66.6%$35,200
    2017$662 +5.1%$35,200 +6.3%
    2016$630 +0%$33,100 +5.1%
    2014$630 -2.2%$31,500 -2.2%
    2013$644 -1.8%$32,200 -1.8%
    2012$656 $32,800
    Find assessor info on the county website

    Neighborhood: 47374

    Nearby schools

    GreatSchools rating
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