Check out this versatile mixed-use investment opportunity in a prime location! This property features a commercial space on the main floor with four 1-bedroom, 1-bath apartments on the second level, offering multiple streams of income. The property is equipped with central air and a gas furnace for year-round comfort. Tenants enjoy a shared laundry area and convenient off-street parking. The building is fully occupied, providing immediate cash flow for the next owner. Located in a high-visibility, desirable area with strong rental demand, this turnkey property is an excellent addition to any investment portfolio.
Closed
$259,900
3616 W National Rd, Richmond, IN 47374
4beds
3,676sqft
Multi Family
Built in 1952
-- sqft lot
$260,000 Zestimate®
$--/sqft
$1,141 Estimated rent
Home value
$260,000
Estimated sales range
Not available
$1,141/mo
Zestimate® history
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$1,141/mo
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Rent Zestimate®
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$1,584/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: March 16, 2026 at 08:11am
Listed by:
Mark Tooley Cell:765-546-9051,
Tarter Realty Auction and Appraisal Company
Bought with:
Realtor NonMember MEIAR
NonMember MEIAR
Source: IRMLS,MLS#: 202600945
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Electric, Natural Gas, Baseboard, Forced Air
Cooling
- Central Air
Features
- Flooring: Carpet, Laminate, Tile, Vinyl
- Has basement: Yes
Interior area
- Total structure area: 3,676
- Total interior livable area: 3,676 sqft
- Finished area above ground: 3,420
- Finished area below ground: 256
Property
Parking
- Total spaces: 10
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.34 Acres
- Features: 0-2.9999
Details
- Additional structures: None
- Parcel number: 891022320104.000005
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block
- Foundation: Slab, Basement
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: Richmond
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 48300
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Sold | $259,900 |
Source:  IRMLS #202600945 Report a problem | ||
| 1/22/2026 | Pending sale | $259,900 |
Source: IRMLS #202600945 Report a problem | ||
| 1/9/2026 | Listed for sale | $259,900 |
Source: IRMLS #202600945 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 47374
Nearby schools
GreatSchools rating
- NARose Hamilton Elementary SchoolGrades: PK-2Distance: 0.7 mi
- 5/10Centerville-Abington Jr High SchoolGrades: 7-8Distance: 2.7 mi
- 7/10Centerville Sr High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Centerville-Abington
- Middle: Centerville
- High: Centerville
- District: Centerville-Abington Community Schools
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Wayne County
- Richmond
- 47374
- 3616 W National Rd