Multi Family Investment Properties for Sale in Richmond, IN
Currently Rented
$ 160,000
ROI
25.6
Cash Flow/m
260- 4 Bed
- 3 Bath
- 2380 sft
126 S 12th St, Richmond, IN, 47374
Rental Income
$ 149,900
ROI
35.2Cash Flow/m
644- 8 Bed
- 4 Bath
- 1634 sft
1816 E Main St, Richmond, IN, 47374
Rental Income
$ 109,000
ROI
37.4Cash Flow/m
535- 4 Bed
- 3 Bath
- 2160 sft
705 S 12th St, Richmond, IN, 47374
Rental Income
$ 134,900
ROI
26.8Cash Flow/m
264- 6 Bed
- 2 Bath
- 2240 sft
2212 Glen Ct, Richmond, IN, 47374
Why Invest in Richmond, Indiana?
Investing in multifamily properties in Indiana can be a lucrative opportunity. With a strong rental demand and a stable economic environment, Richmond's market offers excellent potential for cash flow and appreciation. Investors can expect solid returns driven by the increasing rental rates and a favorable cap rate landscape.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield for multifamily properties in Richmond is around 8%. This figure can vary based on specific property conditions and management strategies.
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