For sale

$59,900

111 S 11th St, Richmond, IN 47374

--beds

1baths

3,818sqft

N/A

Get pre-qualified

Multi Family

Built in 1900

-- sqft lot

$-- Zestimate^®

$16/sqft

$-- HOA

What's special

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. Property is being sold as-is. *Some photos staged with Gemini to show possibilities*

120 days

147

7

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 1

Rooms

Room types: Basement

Features

Basement: Partial
Has fireplace: No

Interior area

Total structure area: 3,818
Total interior livable area: 3,818 sqft

Property

Parking

Parking features: No Garage
Has uncovered spaces: Yes
Details: Driveway(Street)

Features

Levels: Two
Patio & porch: None

Lot

Size: 8,276 Square Feet
Dimensions: 50 x 165

Details

Parcel number: 891804110633.000030
Zoning: 4 to 19 Family Apartments

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick, Block
Foundation: Crawl, Basement
Roof: Slate

Condition

Year built: 1900

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: $16/sqft
Tax assessed value: $69,300
Annual tax amount: $1,386
Date on market: 4/17/2026

Estimated market value

Not available

Estimated sales range

Not available

$912/mo

Price history

Date	Event	Price
8/5/2026	Listed for sale	$59,900$16/sqft
Source: RLMS #10053261 Report a problem
5/18/2026	Pending sale	$59,900$16/sqft
Source: RLMS #10053261 Report a problem
4/17/2026	Listed for sale	$59,900-20.1%$16/sqft
Source: RLMS #10053261 Report a problem
5/20/2020	Listing removed	$75,000$20/sqft
Source: The Vearus Group #21702330 Report a problem
3/26/2020	Listed for sale	$75,000$20/sqft
Source: The Vearus Group #21702330 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,386 -6.5%	$69,300
2024	$1,482 -0.9%	$69,300 -6.5%
2023	$1,496 +471%	$74,100 -0.9%
2022	$262 +0%	$74,800 +471%
2021	$262 +1.5%	$13,100
2020	$258 -3%	$13,100 +1.6%
2019	$266 +0.8%	$12,900 -3%
2018	$264 +2540%	$13,300 +0.8%
2017	$10 -99.2%	$13,200 +2540%
2016	$1,328 -21.2%	$500 -99.4%
2014	$1,686 +3.4%	$84,300 +3.4%
2013	$1,630 -2.5%	$81,500 -0.9%
2012	$1,672 -10.6%	$82,200 -10.7%
2011	$1,871 +5.3%	$92,100 +5.3%
2010	$1,777 -0.1%	$87,500
2009	$1,779 -32.3%	$87,500 -9.1%
2007	$2,626	$96,300 -25.4%
2006	--	$129,100 +41.4%
2005	--	$91,300