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    Richmond, IN Apartment Buildings for Sale

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    Richmond Apartments with Loft Units
    Updated: May 21
    Richmond Apartments with Loft Units

    401 N 10th St, Richmond, IN 47374

    $4,355,000
    Completely renovated in 2000, mitigating near‑term capital improvement risks.
    New TPO rubber membrane roof installed in 2023, Pex/PVC plumbing, upgraded copper electrical wiring, and double pane Low‑E vinyl windows.
    Unique floor plans with 12‑foot ceiling loft‑style units and modern finishes with classic charm.
    Strong market with tight vacancy rates (4.4%) and impressive rent growth (4.2% Q1 2026, projected 4.8% Q2 2026).
    Located in Richmond, Indiana, with immediate access to Hwy I‑70, providing convenient access to Indianapolis and Dayton, Ohio.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Richmond, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Remodeled Seven-Unit Multifamily Building
    Remodeled Seven-Unit Multifamily Building

    445 Hunter Avenue, Dayton, OH 45404

    $500,000
    4,560 sqft 0.42 AC lot

    Turnkey seven-unit multifamily with separate utilities, on-site laundry, off-street parking, and separate entrances.

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    Five-Unit Mixed-Use Building
    Five-Unit Mixed-Use Building

    28 N Washington Street, Knightstown, IN 47362

    $325,000
    7,872 sqft 0.10 AC lot

    Five-unit property with fully renovated residential units and updated bathrooms, with utilities separately metered for tenants.

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    Multi-Tenant Investment Property For Sale
    Multi-Tenant Investment Property For Sale

    1932 Brown St, Dayton, OH

    $1,030,000
    0.96 AC lot

    Multi-tenant property near University of Dayton with established tenants.

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    Five-Unit Mixed-Use Building
    Five-Unit Mixed-Use Building

    28 N Washington Street, Knightstown, IN 46148

    $325,000
    0.10 AC lot

    Updated five-unit building with individually metered gas and electric, plus owner-paid water.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Richmond, IN Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Richmond, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $4,355,000.

    Sale prices for two-family homes in Richmond, IN start at $4,355,000, averaging $4,355,000, and reaching up to $4,355,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 45K
    Population Growth (5Y) -0.7%
    Median Household Income $52,566
    College Educated 15.5%

    High-Yield Neighborhoods for Investment

    Identify Richmond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47374 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 2.56%
    Property Tax per SF $53.92 per SF
    Average Loan-to-Value 65.0%

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