Closed

$259,900

3616 W National Rd, Richmond, IN 47374

4beds

3,676sqft

Multi Family

Built in 1952

-- sqft lot

$263,700 Zestimate^®

$--/sqft

$1,091 Estimated rent

Home value

$263,700

Estimated sales range

Not available

$1,091/mo

Zestimate^® history

Owner options

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$1,091/mo

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$1,091/mo

Rent Zestimate^®

Refinance and save

$1,614/mo

Est. payment

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$1,614/mo

Est. payment

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What's special

Central airConvenient off-street parkingShared laundry area

Check out this versatile mixed-use investment opportunity in a prime location! This property features a commercial space on the main floor with four 1-bedroom, 1-bath apartments on the second level, offering multiple streams of income. The property is equipped with central air and a gas furnace for year-round comfort. Tenants enjoy a shared laundry area and convenient off-street parking. The building is fully occupied, providing immediate cash flow for the next owner. Located in a high-visibility, desirable area with strong rental demand, this turnkey property is an excellent addition to any investment portfolio.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Heating

Electric, Natural Gas, Baseboard, Forced Air

Cooling

Central Air

Features

Flooring: Carpet, Laminate, Tile, Vinyl
Has basement: Yes

Interior area

Total structure area: 3,676
Total interior livable area: 3,676 sqft
Finished area above ground: 3,420
Finished area below ground: 256

Property

Parking

Total spaces: 10

Features

Levels: Two
Stories: 2

Lot

Size: 0.34 Acres
Features: 0-2.9999

Details

Additional structures: None
Parcel number: 891022320104.000005

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Block
Foundation: Slab, Basement

Condition

New construction: No
Year built: 1952

Utilities & green energy

Sewer: City
Water: City

Community & HOA

Community

Subdivision: None

Location

Region: Richmond

Financial & listing details

Date on market: 1/9/2026
Listing terms: Cash,Conventional
Inclusions: Building
Lease term: Other
Total actual rent: 48300
Tenant pays: Electricity

Price history

Date	Event	Price
3/13/2026	Sold	$259,900
Source: IRMLS #202600945 Report a problem
1/22/2026	Pending sale	$259,900
Source: IRMLS #202600945 Report a problem
1/9/2026	Listed for sale	$259,900
Source: IRMLS #202600945 Report a problem