Key facts
- Beds
- 4
- Baths
- 4 full
- Living area
- 3,818 sqft
- Lot
- 0.19 acres
- Year built
- 1900
- Type
- Residential · Single Family Residence
- Stories
- Two
- MLS #
- 22098437
- County
- Wayne
- Subdivision
- No Subdivision
- Total building area
- 5,552 sqft
About this home
Massive upside on this 6-unit multifamily located at 111 S 11th St, Richmond Indiana! All units are separately metered for electric-keeping expenses down and maximizing cash flow potential. This property is a full rehab and priced accordingly, making it the perfect project for investors, flippers, or anyone looking to build serious equity and long-term income. Opportunity to convert the rear area into additional parking-adding even more value and tenant appeal. Located in a convenient area close to shopping, dining, and everyday amenities. Bring your vision, bring your crew, and turn this into a high-performing asset.
Description provided by the listing brokerage.
Interior
- Interior features
- Rooms
- 8
Exterior
- Construction
- Foundation
- Style
Systems
- Heating
- Water
Schools
- School district
- Richmond Community Schools
Taxes
- Estimated annual tax
- $4,550 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
Talk to a lender we trust