Updated Triplex Income
321 North 13th Street Richmond, IN 47374
For Sale
$119,900
Pending
Triplex with two currently occupied units and multiple 2025–2026 improvements, supporting flexible owner and tenant use.
Property Size1,976 SF
Days on Market57
Property Features for 321 North 13th Street
General Information
Standard status
Pending
Size
1,976 SF
Property subtype
Multi Family / Triplex
Building Details
Year Built
1880
Listing Agency:
Tarter Realty Auction and Appraisal Company
(765) 595-8155
Listed By:
Mark Tooley · License #RB21002765
(765) 595-8155
Source:
Compass
Added: Jun 2
Changed: Jul 10
Last Checked: Jul 27 at 1:27PM
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 triplex offers three separate units within one residential income property. Two of the three units are currently occupied, while the remaining unit provides an opportunity to stabilize occupancy. Recent updates include a new roof installed in 2025 and 2026 exterior refinements with new hand railings and porch spindle updates. Interior improvements are also in place, including water heaters in two units (with the third scheduled), and one unit that has been extensively refreshed with new cabinets, countertops, flooring, and electrical service.
The property is located at 321 North 13th Street in Richmond, Indiana. It is a straightforward residential income configuration designed for multiple tenants under one ownership structure.
For investors, this layout supports portfolio expansion with an income-producing set of units and documented capital improvements that can help reduce near-term maintenance items. For owner-occupants, the property offers the practical option of living in one unit while collecting rent from the others. With several units already updated from 2025 through 2026, the triplex is positioned for continued rental readiness and ongoing tenant turnover management.
The property is located at 321 North 13th Street in Richmond, Indiana. It is a straightforward residential income configuration designed for multiple tenants under one ownership structure.
For investors, this layout supports portfolio expansion with an income-producing set of units and documented capital improvements that can help reduce near-term maintenance items. For owner-occupants, the property offers the practical option of living in one unit while collecting rent from the others. With several units already updated from 2025 through 2026, the triplex is positioned for continued rental readiness and ongoing tenant turnover management.
Key Highlights
- Triplex with 3 units total; 2 units are currently occupied for immediate income potential.
- 2025 improvements include a new roof and a unit update with new carpeting (January 2025).
- 2026 exterior updates include new hand railings and porch spindle updates.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Triplex with two currently occupied units and multiple 2025–2026 improvements, supporting flexible owner and tenant use.
Where is this triplex located?
The property is located at 321 North 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 total; 2 units are currently occupied for immediate income potential.; 2025 improvements include a new roof and a unit update with new carpeting (January 2025).; 2026 exterior updates include new hand railings and porch spindle updates.
