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6-Unit Apartment Building with Basement
For Sale
$239,900
Pending

117 N 13th St, Richmond, IN 47374

Multifamily property with updated interiors and secure tenant storage in a full basement.

Property Size4,578 SF
Days on Market132

Property Features for 117 N 13th St

General Information

Standard status Pending
Size 4,578 SF
Property subtype Residential Income

Units

Unit Mix 6 x 1BR/1BA
Multifamily Units 6

Amenities

full basement with individual secure storage units
Listing Agency: Tarter Realty Auction and Appraisal Company
Listed By: Mark Tooley · License #RB21002765
Source: Exprealty
Added: Apr 27 Changed: Sep 2 Last Checked: Aug 30 at 5:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tarter Realty Auction and Appraisal Company

Investment Insights

Based on property information with market context.

This 6-unit apartment building at 117 N 13th St in Richmond, IN, contains 4578 SF and offers a straightforward residential configuration. Each apartment includes 1 bedroom and 1 bathroom, with layouts designed for practical everyday use. Most units have received newer flooring and fresh paint, providing updated interior finishes across much of the property.

A full basement adds functional storage capacity, with a separate secure storage unit assigned to each tenant. The combination of six individually configured apartments, refreshed finishes in most units, and dedicated tenant storage creates a clearly defined multifamily asset with established physical improvements.

Key Highlights

  • 6‑unit apartment building with six 1‑bedroom, 1‑bathroom apartments
  • 4578 SF multifamily property at 117 N 13th St, Richmond, IN
  • Most units feature newer flooring and fresh paint

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Cafe & Coffee Shop Electrical Service Storage Facility Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

823
Businesses Nearby

Demographics for 47374, IN

45,304
Population
21,553
Households
2.1
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
119.8 sq mi
ZIP Area
378
Density / Sq Mi
$52,566
Median Household Income
$34,168
Median Earnings
$816
Median Rent
$121,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with updated interiors and secure tenant storage in a full basement.
Where is this apartment building located?
The property is located at 117 N 13th St Richmond, IN.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 6‑unit apartment building with six 1‑bedroom, 1‑bathroom apartments; 4578 SF multifamily property at 117 N 13th St, Richmond, IN; Most units feature newer flooring and fresh paint
More about this property
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