Sheldon Barnes
For Sale — 111 S 11th Street, Richmond, IN 47374111 S 11th Street
Richmond, Indiana 47374
No Subdivision
$59,900
Schedule a Showing4
Beds
4
Baths
3,818
Sq Ft
1900
Year Built
0.19
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Richmond, Indiana and the rest of Hamilton County. Book a private tour of 111 S 11th Street, ask any question about this home, or talk through what you should know about buying in Richmond.
ABOUT THIS HOME
Massive upside on this 6-unit multifamily located at 111 S 11th St, Richmond Indiana! All units are separately metered for electric-keeping expenses down and maximizing cash flow potential. This property is a full rehab and priced accordingly, making it the perfect project for investors, flippers, or anyone looking to build serious equity and long-term income. Opportunity to convert the rear area into additional parking-adding even more value and tenant appeal. Located in a convenient area close to shopping, dining, and everyday amenities. Bring your vision, bring your crew, and turn this into a high-performing asset.
Key things to know
- 6-unit multifamily with separate electric metering
- Full rehab opportunity priced for value-add investors
- Potential rear parking expansion
- Downtown location near shopping and dining
Browse by room
2 rooms · 9 photos
Monthly payment
Estimate · $59,900
$698/mo
≈ $319 principal & interest · $379 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $11,980 on a loan of $47,920.
Price history
- Listedat $59,900
Apr 27, 2026
Recent comparable sales
Comparative value
3 comps in this range
This home is 79% below median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$59,900Listed· Apr 27, 2026
12 days on market
Layout
Schools
Richmond Community Schools
Neighborhood
- Hamilton Town Center58.0 mi
- Hamilton Southeastern HS58.7 mi
- Conner Prairie60.1 mi
- Fishers High School60.2 mi
- IU Health North Hospital63.4 mi
- Monon Trail (Carmel)65.9 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
3,818 sq ft
Year Built
1900
Stories
Two
Subdivision
No Subdivision
Bedrooms
4
Bathrooms
4 full
School District
Richmond Community Schools