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11-Unit Multifamily Investment
For Sale
$69,000

1525 N C St, Richmond, IN 47374

11-unit multifamily property offered as a full rehabilitation project in Richmond.

Property Size8,000 SF
Price / SF$8.63
Days on Market53

Property Features for 1525 N C St

General Information

Standard status Active
Size 8,000 SF

Additional Details

Multifamily Units 11
Listing Agency: FC Tucker Richmond
Listed By: Brian Ingle
Source: Megandusing
Added: Jul 21 Changed: Sep 8 Last Checked: Sep 11 at 1:01PM

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 FC Tucker Richmond

Investment Insights

Based on property information with market context.

This is an 11-unit multifamily property being sold as a full rehab project. The offering is positioned for buyers prepared to complete substantial renovation work to bring the asset back to rentable condition.

The property is located at 1525 N C St in Richmond, IN, in a convenient area with access to local amenities.

As structured, the opportunity centers on renovation scope and execution, with the existing building requiring significant improvements prior to stabilization.

Key Highlights

  • 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

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

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

11
Residential units

Location Intelligence

Trade Area within ½ mile

686
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - 11-unit multifamily property offered as a full rehabilitation project in Richmond.
Where is this apartment building located?
The property is located at 1525 N C St Richmond, IN.
What is the asking price?
The asking price for this property is $69,000.
What are key features of this property?
This property features: 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
More about this property
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