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2104 Grand Boulevard Richmond, IN $ 135,000
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$ 135,000 Get more info
2104 Grand Boulevard
$ 135,000
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2104 Grand Boulevard

Richmond, IN, 47374
$ 135,000
Baths0.0

Monthly Estimate*

$ 831

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Studio

Multi-Family Home for sale in Richmond, IN

for $135,000. This home was built in 1900 on a lot size of 0.09.

Ellsbury Group presents a prime opportunity to acquire a de-risked multi-family asset in the Richmond, IN market. The property provides a rare combination of maximum operational efficiency (100% occupancy with stable tenants) and recent capital investment (updates completed), resulting in exceptional, reliable cash flow. The purchase immediately transfers a fully active income stream, making it a truly "mailbox money" investment. Minimal operational disruption and strong in-place financials position this duplex as a superior passive income producer. Key Investment Features: Exceptional Cash Flow: The property is structured to deliver a large, positive cash flow from day one, offering a superior return on investment compared to many other available properties. Fully Occupied & Stable: Enjoy 100% occupancy with stabilized, reliable tenants. This eliminates the vacancy risk and immediate leasing costs typically associated with investment property acquisition. Recent Updates: Thoughtful recent updates have been completed throughout the property, minimizing immediate capital expenditures for the new owner and ensuring the units are attractive and well-maintained. Ideal Duplex Configuration: Featuring a desirable side-by-side duplex layout (believed to be 3 bedrooms and 1 bath per unit, this setup offers excellent tenant appeal and maximized rental potential.

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Multi-Family Pending

Price

$ 135,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,540

Style

Lot Size

0.09

Year Built

1900

Town/City

Richmond

County/Region

Wayne

MLS | Web ID

22072116
Features
General
Cooling Window Unit(s)
Possession Closing
Security Features Smoke Detector(s)
Year Built 1900
Tenant Pays Electricity Trash Collection
Township Wayne
Levels Two
Property Subtype Duplex
Tax Year 2024
Current Use Apt<20
County Wayne
Net Operating Income 12472
New Construction N
Property Type Residential Income
Subdivision Name No Subdivision
Status Pending
Directions GPS Friendly
City Richmond
High School District Richmond Community Schools
Number Of Units Total 2
MLS Area 8912 - Wayne - Wayne
Lot Size Square Feet 4008
Current Financing Exchange - 1031 Conventional FHA
Standard Status Pending
Tax Lot 84 85
Legal Description 4.06 Ft E Side X 95 Ft G B S D Lot 84 P V W Lot 85 P V W
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Interior
Basement (Y/N) Y
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Exterior
Lot Size Acres 0.09
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* Excluded Features
List By
Ellsbury Commerical Group

Broker

justin.lowe@ellsburygroup.com

Email

Affordability Calculator

$960
Per Month
87%
13%
0%
Monthly Principal & Interest
$831
Monthly Property Taxes
$128
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044984 Elementary School
4045017 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
11/6/2025 $135,000 Listed Price

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2104 Grand Boulevard, Richmond, IN, 47374 is a Multi-Family Home for sale at $135,000 with a lot size of 0.09. 2104 Grand Boulevard is a studio with 0.0 baths and was built in 1900. The property's zip code is 47374 which is in Richmond, IN

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