Apartment Building

Richmond, IN Apartment Buildings for Sale

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New Paris, OH Eaton, OH Greens Fork, IN Eldorado, OH Camden, OH Hagerstown, IN Cambridge City, IN Milton, IN
11-Unit Multifamily Investment
Updated: Jul 21
11-Unit Multifamily Investment

1525 N C St, Richmond, IN 47374

$69,000
8,000 sqft
11‑unit multifamily property at 1525 N C St in Richmond
Offered as a full rehabilitation project (value‑add/renovation needed)
Large‑scale rehab opportunity for investors and contractors
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Richmond Apartments with Loft Units
Updated: May 21
Richmond Apartments with Loft Units

401 N 10th St, Richmond, IN 47374

$4,150,000
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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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Richmond, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Downtown 6-Unit Apartment Building
Downtown 6-Unit Apartment Building

2702 Broad St, New Castle, IN 47362

$135,000
5,490 sqft

Six-unit apartment property with exterior, electrical, and plumbing improvements already completed for continued renovation.

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6-Unit Apartment Building
6-Unit Apartment Building

2702 Broad Street, New Castle, IN 47362

$135,000
0.31 AC lot

Partially updated property with exterior, electrical, and plumbing improvements.

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36-Unit Apartment Building
36-Unit Apartment Building

1147 NW Washington Blvd, Hamilton, OH 45013

Contact for pricing

Garden-style walk-up apartment property with an established unit count and multifamily configuration.

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20-Unit Walk-Up Apartment Building
20-Unit Walk-Up Apartment Building

1090 NW Washington Blvd, Hamilton, OH 45013

Contact for pricing

Walk-up apartment property featuring a predominantly one-bedroom configuration.

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Richmond, IN Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Richmond, IN on our real estate platform. These investment opportunities span a total of 8,000 square feet of properties for sale, with an estimated market value of $4,219,000.

Sale prices for apartment complexes in Richmond, IN start at $69,000, averaging $2,109,500, and reaching up to $4,150,000 — 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 $2.1M

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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