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    805 S 7Th St Richmond, IN 47374

    For Sale
    $84,900

    Traditional, Duplex - Richmond, IN

    Type:Duplex
    Property size:
    2,664 SF
    Lot size:
    0.13 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for 805 S 7Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    APN
    89-18-05-440-328.000-030
    Parking features
    Garage, Garage - Detached
    EntryLevel
    Combined
    Exterior features
    Basement, Off Street Parking, None
    Basement Y/N
    1
    Appliances
    Range
    Size
    2,664 SF
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Laminate
    Roof type
    Asphalt, Shingle
    Architectural style
    New Traditional

    David M Tarter (765) 595-8155 [email protected]

    Listing agent Mark Tooley (765) 595-8155 License #RB21002765

    Listing date Nov 20, 2025

    MLS# 202546756 Listing URL

    Copyright © 2025 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Richmond Duplex Investment Opportunity

    This duplex in Richmond, Indiana, presents an investment opportunity. The property features identical layouts on each side, with each unit offering 2 bedrooms, 1 bathroom, and a partial basement. Each unit is equipped with a gas furnace. The property has been updated with new water heaters for both units, new bathtubs, flooring, and bathroom plumbing. The lot size is 0.13 acres, and the property size is 2664 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Wayne
    State
    Indiana
    Longitude
    -84.892694
    Latitude
    39.817551

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    FAQs

    What type of property is this?
    Duplex - Duplex in Richmond, Indiana with updated units. Great investment!
    Where is this duplex located?
    The property is located at 805 S 7Th St Richmond, IN.
    What is the asking price?
    The asking price for this property is $84,900.
    What are key features of this property?
    This property features: - Duplex: Investment opportunity with two identical units.; - Updated: Features new water heaters, bathtubs, flooring, and bathroom plumbing.; - Each Unit: Includes 2 bedrooms, 1 bathroom, and a partial basement.
    (765) 595-8155
    Request Owner's contact information
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    Richmond, IN 47374
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    805 S 7Th St Richmond, IN 47374
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