Don’t miss this 5-unit multifamily property offering five 1-bedroom, 1-bathroom units. The building is equipped with a gas furnace for efficient heating and provides a solid opportunity for investors looking to generate rental income. Currently 4 of the 5 units are rented, offering immediate cash flow with the additional upside of leasing the remaining unit to maximize returns. Whether you’re looking to expand your investment portfolio or get started in multifamily investing, this property presents a strong opportunity with income already in place.
Closed
$154,900
223 S 12th St, Richmond, IN 47374
5beds
3,624sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$2,215 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,215/mo
Zestimate® history
Owner options
List your home for rent
$2,215/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,215/mo
Rent Zestimate®
Refinance and save
$1,003/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,003/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Mark Tooley Cell:765-546-9051,
Tarter Realty Auction and Appraisal Company
Bought with:
Realtor NonMember MEIAR
NonMember MEIAR
Source: IRMLS,MLS#: 202608369
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas, Forced Air
Cooling
- None
Features
- Flooring: Carpet
- Basement: Crawl Space,Partial,Concrete
Interior area
- Total structure area: 4,056
- Total interior livable area: 3,624 sqft
- Finished area above ground: 3,624
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Off Street, On Street, Off Street Parking, Concrete
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,405 sqft
- Dimensions: 44x165
- Features: 0-2.9999, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 891804130104.000030
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: Richmond
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 30000
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Sold | $154,900-3.1% |
Source:  IRMLS #202608369 Report a problem | ||
| 3/20/2026 | Pending sale | $159,900 |
Source: IRMLS #202608369 Report a problem | ||
| 3/13/2026 | Listed for sale | $159,900+166.5% |
Source: IRMLS #202608369 Report a problem | ||
| 10/30/2024 | Sold | $60,000-7.6%$17/sqft |
Source: Agent Provided Report a problem | ||
| 10/3/2020 | Listing removed | $64,900$18/sqft |
Source: Better Homes and Gardens Real Estate #10037821 Report a problem | ||
| 6/12/2020 | Price change | $64,900-7.2%$18/sqft |
Source: Better Homes and Gardens Real Estate #10037821 Report a problem | ||
| 2/20/2020 | Listed for sale | $69,900$19/sqft |
Source: Better Homes and Gardens Real Estate #10037821 Report a problem | ||
| 2/20/2020 | Pending sale | $69,900$19/sqft |
Source: Better Homes and Gardens Real Estate #10037821 Report a problem | ||
| 1/4/2020 | Listed for sale | $69,900-0.1%$19/sqft |
Source: Better Homes and Gardens Real Estate First Realty Group #10037821 Report a problem | ||
| 11/20/2018 | Sold | $70,000$19/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,410 -1.4% | $122,100 +1.3% |
| 2024 | $2,444 +9.1% | $120,500 -1.4% |
| 2023 | $2,240 | $122,200 +9.1% |
| 2022 | $2,240 | $112,000 |
| 2021 | $2,240 0% | $112,000 |
| 2020 | $2,240 +91.5% | $112,000 |
| 2019 | $1,170 -3.5% | $112,000 +91.5% |
| 2018 | $1,212 +0% | $58,500 -3.5% |
| 2017 | $1,212 +2.4% | $60,600 |
| 2016 | $1,184 +23% | $60,600 +28.9% |
| 2014 | $963 +2% | $47,000 -0.4% |
| 2013 | $944 -9.7% | $47,200 -7.8% |
| 2011 | $1,045 -29.9% | $51,200 -29.5% |
| 2010 | $1,491 -0.2% | $72,600 |
| 2009 | $1,494 | $72,600 |
Find assessor info on the county website
Neighborhood: 47374
Nearby schools
GreatSchools rating
- 6/10Vaile Elementary SchoolGrades: PK-4Distance: 0.1 mi
- 2/10Dennis Intermediate SchoolGrades: 7-8Distance: 1.4 mi
- 5/10Richmond High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Vaile
- Middle: Dennis
- High: Richmond
- District: Richmond Community Schools
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Indiana
- Wayne County
- Richmond
- 47374
- 223 S 12th St
Nearby cities
Nearby zip codes
Other Richmond Topics
