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Updated Triplex with Partial Occupancy

321 N 13th Street Richmond, IN 47374

321 N 13th Street, Richmond, IN, 47374
$119,900
Pending
For Sale
$119,900
Pending

MULTI_FAMILY - Other - Richmond, IN

Property Size1,976 SF
Lot Size0.21 Acres
Days on Market46

Property Features for 321 N 13th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 3, Basement, Bathroom 1, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 1
Standard status
Pending
APN
89-16-33-320-814.000-030
Size
1,976 SF
Lot size
0.21 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
LOT 455 E S *TIF*

Building Details

Year built
1880
Floors in Building
2
Number of units
3
Flooring type
Vinyl, Carpet
Roof type
Shingle, Asphalt
Architectural style
Other
Listing Agency Tarter Realty Auction and Appraisal Company
123 W Franklin St Suite 302, Winchester, IN
Listed by Mark Tooley · License #RB21002765
Added: Jun 2 Checked: Jul 17 at 6:06 pm
MLS# 202621131

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This triplex contains three residential units with two currently occupied. Recent capital and interior updates include a new roof installed in 2025, along with new hand railings and porch spindle updates completed in 2026. Two units have new water heaters, and the third unit has been scheduled for water heater installation soon.

Additional unit work is noted across the property. One unit has been extensively updated with new cabinets, countertops, flooring, and electrical service. Another unit received new carpeting in January 2025, plus updated outlets, switches, lights, and baseboard heaters.

For buyers seeking a multi-unit residential income property, the current occupancy provides an immediate baseline while leaving one unit available for further lease-up as updates are completed. The combination of roof replacement and interior systems and finishes improvements supports a turn-key approach for an investor or an owner-occupant who intends to manage tenants in the remaining units.

Key Highlights

  • Triplex with 3 units; 2 units currently occupied, creating immediate rental income potential
  • New roof installed in 2025
  • Hand railings and porch spindle updates completed in 2026

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Electrical Service Parking Lot & Garage Cafe & Coffee Shop Storage Facility (Bike/Boat/Book/etc) Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Acupuncture Tech Support Center

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

FAQs

What type of property is this?
Triplex - Triplex with two currently occupied units and documented 2025–2026 improvements, including a new roof and interior updates.
Where is this triplex located?
The property is located at 321 N 13th Street Richmond, IN.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Triplex with 3 units; 2 units currently occupied, creating immediate rental income potential; New roof installed in 2025; Hand railings and porch spindle updates completed in 2026
Contact an agent
More about this property
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