761-763 SW 15th Street, Richmond, IN 47374
MULTI_FAMILY - Richmond, IN
- Added:
- May 29, 2026
- Days on Market:
- 14
- Last Refresh:
- Jun 11 at 12:06 am
Property Features for 761-763 SW 15th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 3
- Parking features
- Driveway, Garage
- Window features
- Wood Frames
- Patio and Porch features
- Patio
- Interior features
- Attic, Bathtub, CeilingFans, KitchenFamilyRoomCombo, Pantry
- Exterior features
- Patio, Storage
- Appliances
- Dishwasher, Disposal, Range, Refrigerator, ElectricWaterHeater
- Standard status
- Active
- APN
- 89-18-06-310-121.000-030
- Size
- 2,384 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Description
- LOT 13 HIDDEN VALLEY EAST SEC 2 & UND 1/8 INT PRIVATE PARK HIDDEN VALLEY EAST, SEC 2 BLK B
Utilities
- Heating system
- Baseboard, Electric (Heating)
- Cooling system
- Wall Unit(s), Window Unit(s)
Building Details
- Year built
- 1979
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- WoodSiding
- Additional Structures
- Shed(s), Storage
Listing agent Andrew Gaydosh License #2001008598 (937) 305-9570
Listing office eXp Realty 70 Birch Alley Ste 240 Bldg B, Dublin, IN (866) 212-4991
Listing date May 29, 2026
Copyright © 2026 Dayton Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Double townhouse with an open living and dining layout
- Main‑floor kitchen with laundry area plus a 1/2 bath
- Upstairs includes a full bath and two bedrooms plus an extra walk‑in attic room
- Wood‑siding construction with a patio and wooded backyard
- Parking includes a driveway and attached one‑car garage
- Heating and cooling: baseboard electric heat with wall/window A/C units
Overview
The property is located in the Hidden Valley Westside Subdivision in Richmond, Indiana, and sits on a 0.21-acre lot. A wooded backyard provides outdoor space, along with a shed and patio. Each side includes an attached car garage.
The layout is well-suited for buyers seeking a residential income property with clear separation of living areas within the duplex configuration. The in-unit laundry area, upstairs bedrooms, and included attic room add functional storage and flexibility for everyday use. Outdoor space and privacy in the backyard, combined with attached parking, can be practical for tenant or household routines.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.3k | $10.20 |
| − Vacancy | −$1.6k | −$0.66 |
| EGI | $22.7k | $9.54 |
| − OpEx | −$6.8k | −$2.86 |
| NOI | $15.9k | $6.68 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Wayne
- State
- Indiana
- Longitude
- -84.923166
- Latitude
- 39.818878
